Account Manager

Diva Projects; Chennai; On-site; INR 900,000 - 1,200,000; Full time

Job summary

Diva Projects is seeking a seasoned finance professional to manage accounts, project costing and treasury for multiple sites in India. The role covers month-end close, budgets, GST/TDS compliance, audit support and team leadership.

You will oversee revenue recognition on construction contracts, maintain cost codes, ensure internal controls and timely reporting, with engagement across sites and vendors.

Responsibilities

• Maintain books of accounts in Tally Prime / ERP for the company and each project cost centre.
• Complete month-end and year-end closing, including accruals, provisions and inter-unit reconciliations.
• Prepare monthly MIS: P&L by project, cash flow, receivables and payables ageing.
• Account for revenue on construction contracts (percentage-of-completion / AS 7) and work-in-progress.
• Set up and maintain project-wise cost codes for material, labour, subcontract, equipment and overheads.
• Track actual cost against approved budgets; flag overruns to project managers and management.
• Reconcile material issued against material consumed and theoretical consumption.
• Review site petty cash, imprest accounts and labour payments; visit sites for physical verification.
• Verify supplier and subcontractor bills against POs, work orders, GRNs and measurement sheets.
• Plan weekly payment schedules within available cash and approved priorities.
• Reconcile vendor ledgers and manage retention, advances and debit notes for subcontractors.
• GST: monthly GSTR-1 and GSTR-3B, ITC reconciliation with GSTR-2B, annual GSTR-9 / 9C, and correct treatment of works contract rates.
• TDS / TCS: deduction, deposit, quarterly returns (24Q, 26Q) and Form 16 / 16A.
• Labour-related: PF, ESI, professional tax and Building & Other Construction Workers (BOCW) cess.
• Support income-tax filing, advance tax computation and tax audit.
• Maintain RERA project account and certifications where applicable.
• Prepare daily bank position and monthly cash-flow forecasts.
• Manage bank reconciliations, working-capital limits, and bank guarantees (performance, advance, retention).
• Coordinate with banks on BG issuance, renewals, LCs and loan documentation.
• Act as the point of contact for statutory, internal and tax auditors; close audit queries on time.
• Maintain fixed asset register for plant, machinery and vehicles, including depreciation.
• Strengthen internal controls over purchase, site cash and payment approvals.
• Lead, train and review the head-office accounts team and site accountants.
• Allocate work, set deadlines and ensure documentation standards across sites.

Job description

Key responsibilities

• Maintain books of accounts in Tally Prime / ERP for the company and each project cost centre.
• Complete month-end and year-end closing, including accruals, provisions and inter-unit reconciliations.
• Prepare monthly MIS: P&L by project, cash flow, receivables and payables ageing.
• Account for revenue on construction contracts (percentage-of-completion / AS 7) and work-in-progress.

Project costing and budget control

• Set up and maintain project-wise cost codes for material, labour, subcontract, equipment and overheads.
• Track actual cost against approved budgets; flag overruns to project managers and management.
• Reconcile material issued against material consumed and theoretical consumption (cement, steel, aggregates).
• Review site petty cash, imprest accounts and labour payments; visit sites for physical verification.

Payables, vendors and subcontractors

• Verify supplier and subcontractor bills against POs, work orders, GRNs and measurement sheets.
• Plan weekly payment schedules within available cash and approved priorities.
• Reconcile vendor ledgers and manage retention, advances and debit notes for subcontractors.

Taxation and statutory compliance

• GST: monthly GSTR-1 and GSTR-3B, ITC reconciliation with GSTR-2B, annual GSTR-9 / 9C, and correct treatment of works contract rates.
• TDS / TCS: deduction, deposit, quarterly returns (24Q, 26Q) and Form 16 / 16A.
• Labour-related: PF, ESI, professional tax and Building & Other Construction Workers (BOCW) cess.
• Support income-tax filing, advance tax computation and tax audit.
• Maintain RERA project account and certifications where applicable.

Treasury and banking

• Prepare daily bank position and monthly cash-flow forecasts.
• Manage bank reconciliations, working-capital limits, and bank guarantees (performance, advance, retention).
• Coordinate with banks on BG issuance, renewals, LCs and loan documentation.

Audit and controls

• Act as the point of contact for statutory, internal and tax auditors; close audit queries on time.
• Maintain fixed asset register for plant, machinery and vehicles, including depreciation.
• Strengthen internal controls over purchase, site cash and payment approvals.

Team leadership

• Lead, train and review the head-office accounts team and site accountants.
• Allocate work, set deadlines and ensure documentation standards across sites.