To manage all financial transactions and reporting at the construction site level, ensuring accurate bookkeeping, cost control, budget compliance, and timely reporting to head office. The Site Accountant plays a crucial role in supporting the financial integrity of project execution.
Key Responsibilities:
Financial Management & Reporting:
Maintain daily site-level accounting records.
Prepare financial reports including site expense reports, petty cash statements, and monthly reconciliations.
Track project expenditures against approved budgets.
Ensure timely submission of all financial data to the head office.
Budgeting & Cost Control:
Assist in project budgeting and forecast updates.
Monitor ongoing construction expenses, ensuring they stay within budget.
Identify cost variances and work with project managers to address discrepancies.
Cash & Payment Handling:
Manage site petty cash, including disbursements and replenishments.
Process vendor payments and staff reimbursements in line with company policies.
Ensure proper documentation and approval of all payments.
Procurement Support:
Verify invoices, delivery notes, and purchase orders for on-site materials and services.
Liaise with procurement and store departments to validate financial entries.
Compliance & Auditing:
Ensure adherence to financial controls, company policies, and statutory regulations.
Support both internal and external audits by providing necessary records and clarifications.
Inventory & Asset Management:
Coordinate with the storekeeper to reconcile material consumption and stock levels.
Maintain accurate records of tools, machinery, and other site assets.
Payroll Coordination:
Maintain attendance and wage records for site laborers and staff.
Assist in calculating wages and coordinating payments in compliance with labor laws.
Qualifications & Skills:
Bachelor’s degree in Accounting, Finance, or related field.
3–5 years of accounting experience, preferably in construction or infrastructure projects.
Strong knowledge of project costing, budget management, and financial reporting.
Familiarity with accounting software (e.g., Tally, QuickBooks, SAP) and MS Excel.
Strong analytical skills and attention to detail.
Good communication and interpersonal skills.
Ability to work independently at remote project locations.