Opening For Finance Associate

Lakshmi North East Solutions (LNES)

- Prepare detailed financial reports for project stakeholders, including monthly, quarterly, and annual financial performance summaries.

- Assist in the creation and management of project-specific budgets, ensuring financial alignment with project timelines and resources.

- Track project spending and ensure costs are managed within the allocated budget, proactively identifying cost overruns and recommending corrective actions.

- Monitor and forecast cash flow for multiple construction projects, ensuring that funds are available to meet project needs while maintaining sufficient working capital.

- Oversee the timely processing of invoices and payments to vendors, subcontractors, and other third-party providers.

- Conduct monthly variance analysis by comparing actual project costs to budgeted amounts and provide detailed explanations for discrepancies.

- Assist in reviewing contracts, including payment terms and financial conditions, to ensure they align with project budgets and financial objectives.

- Identify and assess potential financial risks and assist in developing mitigation strategies, including insurance, contingency funds, and cash flow management.

- Support internal and external audits by ensuring all financial records and documentation are accurate and in compliance with company policies, accounting standards, and regulations.

- Assist project managers in forecasting future financial needs, considering upcoming expenses, resource allocation, and changes in project scope.

- Maintain and update project financial data in ERP or accounting software, ensuring real-time accuracy and reporting.

- Assist in tax filings related to construction projects, including VAT/GST, withholding taxes, and other applicable duties, ensuring compliance with local tax laws and construction regulations.

- Communicate regularly with project managers, engineers, and senior management to discuss financial matters, project costs, and potential risks.

• Experience

  3 - 5 Years

• No. of Openings

  1

• Education

  B.A, B.Com, M.B.A/PGDM, M.Com, Chartered Accountant

• Role

  Finance Associate

• Industry Type

  Banking / Financial Services / Stock Broking

• Gender

  Male

• Job Country

  India

• Type of Job

  Full Time

• Work Location Type

  Work from Office

• Face interview location

  RG Baruah Rd, near AUNTY SHOP, Bhaskar Nagar, Guwahati, Assam 781021.