Accountant

DDE UHP; Pune District; On-site; INR 2,500,000 - 4,200,000; Full time

Job summary

DDE UHP is seeking an experienced Accountant to own the commercial and financial control of large-scale turnkey projects in the ₹100 Cr – ₹150 Cr range. You will manage budgets, WIP, revenue recognition and audits, interfacing with project managers and site teams to ensure accurate reporting.

The role requires 6+ years post-qualification experience in EPC or turnkey contracts, with strong ERP and Excel skills to support cost modelling and variance analysis.

Qualifications

• CA qualification preferred; CA Inter or M.Com acceptable for exceptional candidates.
• 6+ years post-qualification experience in project accounting in EPC/turnkey/capital projects.
• Hands-on ownership of project portfolios in ₹100 Cr–₹150 Cr range, including budget control and final accounts.
• Strong knowledge of revenue recognition and percentage-of-completion accounting for long-duration contracts.
• Proficiency in ERP and advanced Excel for cost modelling and variance analysis.
• Understanding of GST on works contracts, TDS, e-invoicing and e-way bills.
• Knowledge of contract terms: milestone billing, retention, LDs, bank guarantees, price variation.
• Ability to partner with project managers, procurement and site teams; maintain commercial discipline.
• High accuracy and integrity; meet monthly closing and audits.
• Excellent English communication, both verbal and written.

Responsibilities

• Own end-to-end project accounting for turnkey contracts ₹100–₹150 Cr.
• Set up budgets and cost codes at award; maintain project ledger to close.
• Apply percentage-of-completion revenue recognition with supporting workings.
• Drive cash flow planning and receivables follow-up; track bank guarantees and LC.
• Ensure GST, TDS, e-invoicing and e-way bills compliance across projects.
• Prepare cost-to-complete forecasts; flag variances and margin erosion.
• Manage milestone and progress billing aligned with contracts; handle change orders.
• Review subcontractor/vendor invoices against PO/WO; reconcile site material usage.
• Coordinate audits for project accounts; publish monthly project P&L and MIS.

Skills

ERP

Excel

Revenue recognition

Variance analysis

Budgeting & cost modelling

Education

Chartered Accountant (CA)

CA Inter or M.Com as alternative

Tools

ERP systems

Job description

Experience Level: 6+ years (post-qualification)

About the Company:

DDE UHP is a pioneering provider of ultra-high purity process utility systems serving the semiconductor, PV Solar and other high-tech industries. With a deep-rooted legacy in turnkey solutions for the high purity industry, we bring unmatched expertise in designing, manufacturing and installing complex utility systems. We are seeking an experienced and results-driven Accountant with 6+ years of experience to join our growing finance team and take ownership of the commercial and financial control of large-scale turnkey projects in the ₹100 Cr – ₹150 Cr range, from budget setup through to final account closure.

Responsibilities:

• Own end-to-end project accounting for turnkey ultra-high purity contracts valued between ₹100 Cr and ₹150 Cr. Set up project budgets and cost codes at award stage and maintain the project ledger through to final account closure.
• Apply percentage-of-completion revenue recognition, preparing supporting workings for cost incurred to date, WIP, unbilled revenue and contract assets/liabilities for monthly and annual closing.
• Drive project cash flow planning and receivables follow-up, including advance recovery, retention release, and tracking of bank guarantees and letters of credit against contractual milestones.
• Ensure statutory compliance across project transactions, covering GST on works contracts, TDS, e-invoicing and e-way bills, and support departmental assessments and notices with project-level documentation.
• Prepare and maintain cost-to-complete forecasts for each project, tracking committed, incurred and accrued costs against the approved budget. Flag variances and margin erosion early to the project and management teams.
• Manage milestone and progress billing in line with contract terms, coordinating with project managers on measurement certificates, retention, price variation and approved change orders or variations.
• Review subcontractor and vendor RA bills against work orders and purchase orders, and reconcile site material consumption and free-issue materials to certified quantities before release of payment.
• Coordinate statutory, internal and cost audits for project accounts, and publish monthly project P&L and MIS reporting from the ERP to the CFO and project leadership.

Qualifications and Skills:

• Chartered Accountant (CA) qualified; exceptional candidates with CA Inter or M.Com and strong project accounting depth will also be considered
• 6+ years of post-qualification experience in project accounting within EPC, turnkey contracting, capital projects or a comparable project-driven environment
• Demonstrated hands-on ownership of individual project portfolios in the ₹100 Cr – ₹150 Cr range, including budget control, WIP and final account settlement
• Strong working knowledge of revenue recognition and percentage-of-completion accounting for long-duration contracts
• Proficiency in ERP along with advanced Excel for cost modelling and variance analysis
• Sound command of Indian statutory requirements relevant to projects, including GST on works contracts, TDS, e-invoicing and e-way bill provisions
• Practical understanding of contract commercial terms such as milestone billing, retention, liquidated damages, bank guarantees, advances and price variation clauses
• Proven ability to partner with project managers, procurement and site teams, and to hold commercial discipline in a fast-moving delivery environment
• High standards of accuracy and integrity, with the ability to consistently meet monthly closing and audit deadlines
• Ability to communicate financial and commercial matters clearly, both verbally and in writing, in English