Interested candidates can share their Profile to hr@semiconenterprises.com / WhatsApp @ 80155 04289
Exp \- Min 8\-10 Years
Location : Vanagaram , Chennai
A Senior Executive of Accounts \& Finance who manages project accounts is primarily responsible for the **financial health, reporting, and compliance of specific projects**. Key duties extend beyond general accounting to include specialized project cost tracking, budgeting, and variance analysis.
Project Cost Accounting: Managing all aspects of job costing, including tracking project\-related expenses, labor, and materials to ensure accurate financial records for each project.
Budgeting and Forecasting: Assisting in the preparation of project\-specific budgets and financial forecasts. This includes monitoring actual expenditures against budgeted amounts and providing analysis of deviations to project managers and senior management.
Financial Reporting: Preparing and distributing regular financial reports, such as Project Status Reports, Work\-in\-Process (WIP) reports, and revenue variance analysis.
Billing and Accounts Receivable: Understanding project\-specific billing requirements (e.g., Time \& Materials, Fixed Price) and overseeing the timely generation of invoices and the collection of payments.
Compliance and Auditing: Ensuring all project accounting activities comply with relevant accounting standards (e.g., GAAP, IFRS) and internal control procedures. This role also coordinates documentation for internal and external project audits.
Financial Analysis: Analyzing project financial data to identify trends, assess profitability, and recommend cost\-reducing solutions or process improvements.
Stakeholder Communication: Liaising with project managers, clients, and senior leadership to provide financial insights, address concerns, and support strategic decision\-making regarding project viability and performance.
Process Improvement: Identifying opportunities to improve financial operations and implementing efficient systems and procedures for project accounting, potentially including the use of specific project management or ERP software.
Job Types: Full\-time, Permanent
Pay: From ₹25,000\.00 per month
Work Location: In person
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