Account Manager

The ideal candidate will be responsible for working with senior management to develop financial strategies for the organization. You are comfortable handling large amounts of data, acting as a business partner, decision maker, and providing regular financial reporting.

Experience required- 8-14 Yrs
Budget- 13 LPA
Location
- Gurgaon

Responsibilities
1. Project Cost Accounting
Set up and improve project-wise accounting structures SAP
Ensure adequate documentation for projects
Monitor BOQ vs actual cost tracking (material, labour, subcontractor, overheads)
Validate percentage completion logic
Work closely with project managers for cost-to-complete analysis
2. Client Billing & Collections
Ensure timely raising of invoices as per client billing milestones
Track certification of RA bills and follow up with clients
Coordinate with compliance/project team on billing disputes or holdbacks
Reconcile client receivables aging and ensure collection timelines are met
3. Vendor & Subcontractor Payments
Oversee subcontractor billing validation against work done / PO terms
Ensure all invoices issued by vendors are received and recorded in a timely manner and on a First time right approach
Ensure timely processing of vendor payments based on credit terms and project cash flows
Enforce withholding of payments for delayed or non-compliant vendors
4. Budgeting, MIS & Controls
Drive Daily Cash flow report – Payments summary at vendor and project level; overall cash flow mismatch at project level
Drive monthly project-wise MIS: P&L, cost overrun alerts, cash flow status
Build & maintain project budgets, identify overruns proactively
Track change orders, variations, and update budgets accordingly
5. Compliance & Controls
Ensure TDS, GST, and RCM (Reverse Charge Mechanism) compliance on all project expenses
Coordinate with non-compliant vendors basis vendor tax compliance status issued by Tax
Team; for repeated non-compliance block payments and apprise business
Interface with statutory auditors and internal auditors for project audits
Ensure clean, auditable data trails on project accounting, billing, and PO workflows
6. Team Management
Manage a team of ops accounting staff
Set SOPs, checklists, and escalation protocols
Conduct periodic training and reviews