Project Accountant-Construction/Infrastructure

Institute of Management Accountants, Inc.; Kolkata District; On-site; INR 446,000 - 558,000; Full time

Job summary

Royal Infraconstru Limited is seeking a Project Accountant for its Head Office in Kolkata. The role focuses on project accounting, GST/TDS compliance, and monthly reconciliations. You will be responsible for costing across projects and ensuring accurate ERP postings.

The ideal candidate has 3–6 years of experience in accounts, with strong Excel and ERP skills, and a background in construction/infrastructure sectors.

Qualifications

• Academic background in commerce and related qualifications.
• Experience in project accounting and ERP-based processes.
• Knowledge of TDS and GST compliance.

Responsibilities

• Handle day-to-day accounting entries and postings.
• Ensure correct ledger and project/job allocations.
• Manage GST input/output and TDS compliance.
• Prepare monthly balance sheet and reconciliations.
• Perform project costing and BOQ-based costing.
• Coordinate with project teams for accurate costing.

Skills

Project Accounting

Construction Accounting

TDS

GST

Vendor Reconciliation

Project Costing

BOQ Costing

MS Excel

ERP

MIS

Ledger Scrutiny

Education

B.Com / M.Com / CA Inter

Tools

ERP / Accounting Software

Job description

Project Accountant-Construction/Infrastructure

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Project Accountant – Construction / Infrastructure

Company: Royal Infraconstru Limited

Location: Kolkata, West Bengal - Head Office

Department: Accounts & Finance

Salary: 40,000 - 50,000 per month

Experience: 3-6 Years

Employment Type: Full-time

Qualification: B.Com / M.Com / CA Inter preferred

About Company

Royal Infraconstru Limited is a Kolkata-headquartered infrastructure and EPC company with over four decades of experience in railway infrastructure, bridges, structural steel, civil construction and major infrastructure projects across India.

Job Overview

Royal Infraconstru Limited is looking for a Project Accountant for its Head Office in Kolkata.

The candidate will be responsible for maintaining accurate project accounts, reviewing daily ERP entries, GST and TDS compliance, monthly reconciliations, Balance Sheet preparation and project-wise / BOQ-wise costing.

This role requires a hands‑on Accounts professional who is strong in accounting fundamentals, Excel and ERP-based project accounting.

Key Responsibilities

• Handle and review day-to-day accounting entries.
• Ensure accurate booking of purchase, expense, payment, receipt and journal entries.
• Verify correct ledger and project/job allocation.
• Check daily accounting entries in ERP for accuracy and completeness.
• Identify incorrect entries and ensure timely rectification.

TDS

• Have strong practical knowledge of TDS provisions and applicable sections.
• Ensure correct deduction of TDS under the appropriate section and rate.
• Verify TDS applicability on contractors, vendors, professionals and other payments.
• Reconcile TDS ledgers with books of accounts on a monthly basis.
• Assist in TDS return preparation and related compliance.

GST

• Have strong working knowledge of GST rates, applicability and GST accounting.
• Verify correct GST input and output entries.
• Check applicable GST rates on transactions.
• Review Input Tax Credit accounting and GST-related ledger entries.
• Identify and correct incorrect GST treatment.
• Assist in GST reconciliation and return-related data preparation.

Monthly Balance Sheet

• Prepare / assist in preparation of the Balance Sheet on a monthly basis.
• Review ledger balances before monthly closing.
• Prepare supporting schedules and reconciliations.
• Check provisions, advances, outstanding balances and project-related accounts.
• Ensure accuracy of monthly financial data.

Account Reconciliation

• Perform monthly Vendor Ledger Reconciliation.
• Perform TDS Ledger Reconciliation.
• Reconcile project advances and other control accounts.
• Identify differences and ensure timely resolution.
• Coordinate with project/site teams and internal departments for reconciliation.

Project Costing

• Review daily project-related entries in ERP.
• Ensure proper allocation of expenses to the correct project, job and cost head.
• Prepare monthly project-wise costing.
• Prepare and monitor BOQ-wise costing.
• Compare actual project costs with budgets / BOQ values.
• Identify unusual cost movements, incorrect allocations or missing entries.
• Coordinate with project, commercial, stores and purchase teams for accurate project costing.

Excel & MIS

• Use MS Excel extensively for Accounts, costing, reconciliations and MIS.
• Prepare reports using formulas and data analysis tools.
• Work comfortably with large accounting datasets.
• Prepare project-wise and management reports as required.

Candidates should be comfortable with:
VLOOKUP / XLOOKUP | Pivot Tables | SUMIF / SUMIFS | IF Functions | Reconciliation | Data Filtering | Basic MIS Reporting

Candidate Requirements

• 3-6 years of relevant Accounts experience.
• Strong knowledge of accounting entries and ledger scrutiny.
• Practical knowledge of TDS sections and TDS deduction.
• Good knowledge of GST rates, applicability and input/output GST.
• Experience in vendor and TDS ledger reconciliation.
• Experience in monthly Balance Sheet preparation.
• Good knowledge of MS Excel.
• Experience using ERP / accounting software.
• Good understanding of project/job-wise costing.
• Strong attention to detail and accuracy.

Preferred Experience

Candidates from Construction, Infrastructure, EPC, Engineering, Manufacturing or other project-based companies will be preferred.

Experience in project accounting, BOQ-wise costing and handling multiple project accounts from Head Office will be an advantage.

Key Skills

Project Accounting | Construction Accounting | Accounts Entry | TDS | TDS Sections | GST | GST Input & Output | Balance Sheet | Vendor Reconciliation | TDS Reconciliation | Project Costing | BOQ Costing | ERP | MS Excel | MIS | Ledger Scrutiny

Salary

40,000 - 50,000 per month

Final compensation will depend on experience, current salary and technical fit.

Work Location

Royal Infraconstru Limited - Head Office, Kolkata

This is an office-based position with regular coordination with project/site Accounts teams across India.