Chartered Accountant - Finance
Job Summary
Job Description
Zeeco fosters a robust work environment with a strong culture, trained leadership, and growth opportunities. Collaborate with industry leaders and subject matter experts. Responsibilities include monthly financial and commercial reviews of projects, managing project risks and opportunities, identifying cost-saving initiatives, strengthening internal control processes, and supporting budgeting and forecasting. Key commercial tasks involve ensuring order booking criteria, timely issuance of guarantees and tax invoices, monitoring milestone payments, managing outstanding accounts receivable, driving cash collection, resolving customer disputes, reconciling customer accounts, managing Letters of Credit and Bank Guarantees, and supporting Bank Realization Certificates. Accounting duties include revenue assurance using the percentage completion method, month-end closing activities and reporting, managing auditors, ensuring proper accounting of receivables and bad debts, and driving system improvements for accounts receivable. Working at Zeeco means being part of a people-centric culture built on mutual respect, personal encouragement, professional integrity, and limitless opportunity, fostering innovation, collaboration, and growth.
Must have:
- Conduct monthly project financial & commercial reviews
- Manage project risks & opportunities
- Identify cost savings initiatives
- Strengthen internal control processes
- Support annual budgeting & forecasting
- Ensure order booking criteria
- Timely issuance of Guarantees
- Timely issuance of GST compliant Tax Invoices
- Monitor & follow-up milestone-based payments
- Drive cash collection for third parties & intercompany ARs
- Reconcile Customer Accounts
- Manage LCs & Bank Guarantees
- Revenue assurance - percentage completion method
- Participate in month-end closing activities
- Manage internal & statutory auditors
- Ensure proper accounting of ARs, Bad-Debts, LDs
Good to have:
- Visit customer to resolve disputes and expedite collection
- Support for Bank Realization Certificate for Exports Contracts
- Drive system improvement initiatives for ARs
Perks:
- Opportunities for growth
- Broaden skills alongside subject matter experts
- People-centric culture
- Mutual respect
- Personal encouragement
- Professional integrity
- Limitless opportunity
- Innovation
- Collaboration
2 skills required
Job Details
Zeeco fosters a robust work environment where employees, from engineering teams to support groups, benefit from a strong culture, trained leadership, and opportunities for growth. Zeeco collaborates with the biggest names in the industry, enabling individuals to broaden their skills alongside teams of subject matter experts.
Controlling
- Conduct monthly review of project financials & commercials areas in tandem with Project Team and present the outcome to the Management.
- Manages Risk & Opportunities of projects and raise an early alarm to the stakeholders.
- Identify & Initiate cost savings initiatives for Projects.
- Strengthen Internal Control Process spherical to Project Controlling area.
- Support for Annual Budgeting & Forecast Activities.
- Other work as assigned.
Commercials
- Ensure Order booking criteria as per company policy.
- Timely issuance of Guarantees.
- Ensure timely issuance of Commercial & GST compliant Tax Invoices to Customers.
- Monitor & follow-up milestone-based payments from Customers.
- Bring the visibility of outstanding ARs to stakeholders.
- Drive Cash Collection both for Third parties & Intercompany ARs to ensure on time
- collections involving different stakeholders.
- Visit to Customer to resolve disputes and expedite collection.
- Regular reconciliation of Customers A/Cs and balance confirmation with Customers.
- Managing LCs, Bank Guarantees (Co-ordinating with various stakeholders.
- Support for Bank Realization Certificate for Exports Contracts to avail export incentives.
- Other work as assigned.
Accounting
- Revenue assurance- Application of percentage completion-based method on revenue
- recognition.
- Strong participation in Month end closing activities & reporting.
- Managing Internal & Statutory Auditors.
- Ensure proper accounting of ARs, Bad-Debts, LDs etc. in line with accounting principles.
- Drive various initiatives for system improvement pertaining to ARs.
- Other work as assigned.
Working at Zeeco means being part of a people-centric culture and environment built on mutual respect, personal encouragement, professional integrity, and limitless opportunity. Join Zeeco and embark on a fulfilling journey where innovation, collaboration, and personal and professional growth converge.
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