Senior Manager Finance Accounting

About the Role Electrapower Engineering is a premier 'A' Grade Electrical Engineering and Contracting firm managing major infrastructure and industrial projects. As we expand our operations across multiple business units, we are seeking a seasoned Senior Accounting & Finance Manager to spearhead our financial systems. This role is designed for a hands-on financial professional who excels at establishing project-centric financial models, structuring Tally for multi-company operations, and managing complex corporate accounting portfolios from the ground up.

Key Responsibilities 1. Project Accounting & Structural Setup (Core Focus) System Implementation: Overhaul the existing Tally Prime infrastructure to implement rigorous Project-Wise Job Costing and Cost Centers to track real-time profitability per contract. Work-in-Progress (WIP) Tracking: Establish accounting workflows for material movement from central inventory to sites, tracking direct costs (cables, switchgears, transformers) and structural site labor.

Billing Lifecycle: Manage the accounting of Running Account (RA) Bills, price variation clauses, and track cash-flow metrics like Retention Money and Security Deposits . 2. Multi-Organizational Management Maintain entirely separate books of accounts for multiple business units under the management group. Handle complex inter-company transactions , fund allocations, and regular multi-entity balance reconciliations.

Provide clean, cross-organizational financial overviews to management. 3. Commercial Banking & Fund Management Manage banking relationships, working capital limits, and cash flow forecasting to support ongoing project cycles. Handle documentation and tracking for Bank Guarantees (BG) and Letters of Credit (LC) typical for large-scale electrical contracts.

Supervise payables and receivables, ensuring vendor invoices strictly match Purchase Orders (POs) and client collections are optimized. 4. Comprehensive Statutory Compliance & Payroll Oversee and verify timely filing of GST returns (including GSTR-1, 3B, and year-end 9/9C reconciliations), with meticulous attention to Works Contract GST rules and Input Tax Credit (ITC) matching via GSTR-2B. Ensure accurate deductions and filings for Income Tax TDS/TCS and GST TDS.

Manage statutory payroll compliance, including ESI, PF, and Labour Welfare Fund (LWF) contributions for both permanent office staff and temporary site workers. 5. Reporting, Auditing & Team Oversight Generate monthly project-wise Profit & Loss statements, Balance Sheets, and Cash Flow metrics for leadership review. Supervise, guide, and audit the daily data entry work handled by the junior accounting staff.

Lead year-end book closings and coordinate directly with external Statutory Auditors / Chartered Accountants. Required Skillsets & Tools Software Mastery: Advanced, authoritative knowledge of Tally Prime (specifically inventory modules, cost center allocations, and multi-company operations) and Advanced MS Excel (LOOKUPs, Pivot Tables, financial modeling). Portal Fluency: Hands-on, independent experience navigating government portals (GST, Income Tax, TRACES, EPFO, and ESIC).

Contracting Acumen: Strong capability to read and interpret commercial terms in electrical/construction contracts to align accounting practices accordingly. Candidate Requirements Experience: Minimum 5+ years of core, post-qualification accounting experience. Industry Background: Solid experience explicitly within 'A' Grade Electrical Contracting, Civil Construction, Infrastructure , or allied project-driven engineering industries.

Candidates without project/contracting industry experience will not be considered. Education: B.Com / M.Com / MBA Finance. Semi-qualified CA / CMA or Inter-CA profiles are highly encouraged to apply.

Leadership Traits: Self-motivated with the ability to function independently, establish corporate processes, and manage financial operations without constant supervision. Language: Professional fluency in English and Malayalam is required for stakeholder communication, vendor coordination, and auditing purposes. Benefits: Health insurance Provident Fund