Senior Accountant – Construction

Nariana Enterprises Ltd. is seeking an experienced Senior Accountant – Construction to support the financial management and accounting functions of the Civil Engineering Department. The successful candidate will be responsible for financial reporting, project accounting, budgeting, statutory compliance, reconciliations, cash flow monitoring, cost control, and internal financial controls. The role requires someone with strong practical accounting experience, excellent knowledge of Tally ERP, and a good understanding of construction or project-based accounting.

• Maintain complete and accurate accounting records using Tally ERP.
• Lead the monthly accounting close process and ensure all transactions are recorded within the correct reporting period.
• Prepare monthly management accounts, including Profit & Loss Statements, Balance Sheets, Cash Flow Reports, and supporting schedules.
• Maintain and review the general ledger, journals, cost centres, and project-wise accounting records.
• Prepare and post accruals, prepayments, depreciation, provisions, and other month end adjustments.
• Prepare and review monthly balance sheet reconciliations and ensure outstanding items are investigated and cleared promptly.
• Ensure income, expenses, assets, liabilities, and project costs are correctly classified and allocated.
• Maintain accurate supporting schedules for key balance sheet and Profit & Loss accounts.
• Prepare periodic financial reports and analysis to support management decision making.
• Review supplier invoices against approved quotations, LPOs, delivery notes, and supporting documentation.
• Ensure supplier payments are supported by complete and properly authorised documentation.
• Review supplier statements and reconciliations before payments are processed.
• Monitor supplier balances, outstanding invoices, credit notes, advances, deposits, and payment commitments.
• Maintain and review accounts payable ageing reports.
• Work closely with Procurement to resolve pricing, quantity, documentation, or supplier-account discrepancies.
• Ensure supplier accounts are accurate and properly reconciled.
• Maintain accurate customer accounts and receivable records.
• Prepare and review accounts receivable ageing reports.
• Monitor overdue customer balances and follow up internally on outstanding collections.
• Maintain schedules of outstanding invoices, certified works, retentions, and expected collections where applicable.
• Ensure receipts are correctly allocated to customer and project accounts.
• Investigate and resolve discrepancies in customer balances and receivable records.
• Provide management with regular updates on overdue receivables and expected cash collections.
• Maintain accurate project-wise cost accounting for all civil engineering projects.
• Ensure expenditure is allocated to the correct project, cost centre, and expense category.
• Prepare project cost reports showing budgeted costs, actual expenditure, committed costs, and variances.
• Monitor actual project expenditure against approved budgets and BOQs.
• Review project expenses and identify abnormal expenditure, cost overruns, duplicate charges, incorrect allocations, or expenditure outside approved budgets.
• Monitor project advances, site expenses, retentions, outstanding certificates/invoices, and other project related balances where applicable.
• Work closely with Project Managers, Quantity Surveyors, Procurement, Stores, and site teams to reconcile project expenditure and material costs.
• Highlight significant project cost variances and financial risks to management.

• Bachelor's Degree or Diploma in Accounting, Finance, Commerce, or a related field.
• CPA, ACCA, or equivalent professional accounting qualification, or advanced progress towards completion, is highly preferred.
• Minimum 5–7 years of relevant accounting experience.
• At least 3 years in a senior accounting role or a position with a similar level of responsibility.
• Strong practical and hands-on experience using Tally ERP is essential.
• Previous experience working in a construction, civil engineering, contracting, engineering, building-materials, or project-based company will be strongly preferred.
• Strong understanding of financial reporting, management accounts, budgeting, taxation, cash-flow management, and accounting controls.
• Practical experience in accounts payable, accounts receivable, supplier reconciliations, and bank reconciliations.
• Strong experience in month end and year end closing procedures.
• Good understanding of accruals, prepayments, depreciation, provisions, and balance-sheet reconciliations.
• Experience preparing and analysing management accounts, budgets, cashflow forecasts, and variance reports.
• Good understanding of project accounting, cost-centre accounting, and project cost control.
• Experience preparing or reviewing accounts payable and accounts receivable ageing reports.
• Experience coordinating external audits and preparing audit schedules.
• Strong Microsoft Excel skills.
• Experience supervising or reviewing the work of junior Accounts staff will be an added advantage.
• Strong practical knowledge of Tally ERP.
• Financial reporting and management accounts.
• Month end and year end closing.
• General ledger and balance sheet management.
• Project accounting and cost-centre accounting.
• Construction and project cost control.
• Budgeting and cash flow forecasting.
• Accounts payable and accounts receivable.
• Supplier, customer, and bank reconciliations.
• VAT, withholding tax, PAYE, and statutory compliance.
• Audit preparation and coordination.
• Fixed asset accounting.