Manager – Project Accounting

FinOps Weekly; Hyderabad; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

FinOps Weekly in Hyderabad, India, seeks an experienced Cost Controller to join Project Accounting and Costing. You will maintain half-yearly and yearly cost records, support the annual cost audit, and prepare terminal-wise costing, capex budgeting, CWIP tracking, and fixed asset tagging.

You will work with auditors, the company secretary, and internal departments to ensure accurate reporting. ACMA or CA qualified with 7–12 years of relevant experience in asset management, financial analysis,

Qualifications

• ACMA or CA qualification.
• 7–12 years of relevant experience.
• Experience in asset management and financial reporting controls.

Responsibilities

• Maintain half-yearly and annual cost records and submit details for cost auditor.
• Coordinate annual cost audit and resolve audit queries with internal teams.
• Work with company secretary on MCA filings related to cost audit.
• Prepare quarterly utility certificates and obtain auditor sign-off.
• Prepare and monitor annual capex budget via WBS, transfers and supplements.
• Prepare monthly and quarterly capex MIS for Board presentations.
• Track CWIP status and coordinate capitalization with departments.
• Carry out fixed asset tagging and resolve FAR queries.
• Prepare half-yearly and annual terminal-wise costing.
• Allocate terminal costs using drivers like electricity, water, headcount, and R&M location.
• Prepare variance analysis against previous quarter/year.
• Support board reporting on cost accounts and capex.

Skills

Financial analysis

Cost accounting

Asset management

Regulatory compliance

Planning

Stakeholder management

Analytical thinking

Execution orientation

Education

ACMA or CA qualification

Job description

About the Role

This position sits within Project Accounting and Costing and reports through the Manager and Assistant General Manager to the Finance Controller. It is responsible for maintaining half-yearly and yearly cost records, supporting the annual cost audit, and preparing terminal-wise costing on a half-yearly and annual basis. The role also covers capex budgeting and monitoring, quarterly utility certificate preparation, provisional GST capitalization, CWIP tracking, and fixed asset tagging. It works closely with cost auditors, the company secretary, and internal departments to resolve queries, support capitalization, and maintain accurate reporting. The scope includes annual capex of more than 1,000 crore and cost records linked to annual revenue of more than 5,000 crore. The role also handles one JM for FAR.

Key Responsibilities

• Maintain half-yearly and annual cost records and submit the required details to the cost auditor.
• Coordinate the annual cost audit, review the auditor’s report in detail, and resolve audit queries with internal teams.
• Work with the company secretary on MCA filings related to the cost audit.
• Prepare quarterly utility certificates for electricity and water and obtain the required auditor sign-off.
• Prepare and monitor the annual capex budget through WBS creation, budget transfers, and budget supplements.
• Prepare monthly and quarterly capex MIS for Board presentations.
• Complete quarterly provisional GST capitalization.
• Track CWIP status, follow up on capitalization, and coordinate with departments to close pending items.
• Carry out fixed asset tagging on a half-yearly basis and resolve FAR-related departmental queries.
• Prepare half-yearly and annual terminal-wise costing.
• Allocate terminal costs using defined drivers such as electricity, water, headcount, and R&M location.
• Prepare variance analysis against the previous quarter and previous year.
• Support board reporting on cost accounts and capex.

Required Skills

• ACMA or CA qualification.
• 7-12 years of relevant experience.
• Practitioner-level capability in asset management, financial analysis, financial systems proficiency, cost accounting controls, financial reporting, and regulatory compliance.
• Strong problem solving and analytical thinking.
• Planning and decision making.
• Stakeholder focus, networking, and teamwork.
• Execution and results orientation, with strong interpersonal influence.
• Social awareness, entrepreneurship, personal effectiveness, capability building, and strategic orientation.

Why You Might Be Interested

This role offers broad ownership across cost accounting, audit coordination, capex control, fixed asset governance, and terminal-wise costing. It operates at significant scale, with annual capex above 1,000 crore and annual revenue above 5,000 crore. The work includes regular interaction with auditors, finance leadership, and multiple internal departments. For candidates with an ACMA or CA background and experience in cost accounting, it provides a strong mix of reporting, control, and operational finance responsibilities.