FAA -Accounts Officer

Description

Job Title : FAA -Accounts Officer
Location : Chennai, Tamil Nadu
Company : Larsen & Toubro Limited
Salary :
Open Date : 2023-05-30
Close Date : 2023-09-30

  • Provide useful financial insights to help make better decisions about formulating and executing strategy, and provide guidance and analysis to executive and operational management to improve results.
  • Maintain system of accounts and keep books and records on all transactions and assets.
  • Prepare and analyze accurate monthly financial and management reports, including income statement, balance sheet, budget and variance, projections and forecast, and cash flow.
  • Maintain control of the following areas: general ledger, accounts payable, expense reports, billing, and payroll.
  • Oversee maintenance of personnel files.
  • Assist the management on borrowings, liaising with bankers
  • Reconciliation with Client and Vendors timely
  • Ensure that all financial transactions are processed accurately, in a timely manner, and in accordance with GAAP & IND AS
  • Develop, implement, and maintain processes and controls that are current best practices related to transaction processing.
  • Manage, oversee, process (as appropriate), and act as backup for processing all of the following transactions: payroll, accounts payable, revenue and expense, fixed assets, cash, bank reconciliations, and allocations.
  • Perform month-end closing procedures, including overhead allocations, account reconciliations, and updating schedules.
  • Maintain an orderly accounting filing system
  • Provide financial analyses and models as needed, in particular for capital investments, pricing decisions, and contract negotiations.
  • Prepare and assist with developing audit schedules for the annual audit.
  • Liaising with the Tax/Statutory Auditor
Experience - Min 5 + years’ experience in Construction Industry, middle management Min 3+ years
Qualification - B.Com, M.Com.


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