Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over USD 20 billion in revenue. It operates in over 30 countries worldwide. It is engaged in key sectors of the economy -Infrastructure, Hydrocarbon,Power,Defence,Aerospace,Construction,Shipbuilding,Mining & Metallurgy. A strong, customer–focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for over seven decades.
We are looking for a detail-oriented and proactive Finance & Accounts Executive to join our finance team. The role requires managing day-to-day accounting operations, handling reconciliations, statutory compliance, reporting, asset accounting, receivables follow-ups, and internal coordination. The ideal candidate should be capable of multitasking across finance domains and ensure timely and accurate reporting and compliance.
Key Responsibilities
Daily/Monthly Activities
- Coordinated with marketing team on daily collection and reporting.
- Appropriation based on internal inputs.
- Monthly Bank Reconciliation (across 9 bank accounts).
- Clearing of sweep entries, reconciliation
- Manage performance Bank Guarantee (BG) and coordinate with business and bank
Receivables & Payments
- Customer code creation and validation on govt. portals.
- Vendor to Customer Transfers and account clearing.
- Intercompany recharges, accounting and balance confirmation
- Customer Refunds processing, Tax & Statutory Payments.
Asset & Insurance Management
- Asset management in SAP system
- Insurance coverage reviews (monthly/yearly), endorsements, and claims.
Reporting & Reconciliation
- Preparation of Aging Summary, Monthly PMS, and BG Status Reports.
- Quarterly Audit Schedules, ICFR & RACM Inputs.
Compliance & Documentation
- Basic understanding of ESIC, P-Tax, and Property Tax
- TDS Certificates receipt and 26AS reconciliation.
- Clearance of Full and final settlement of employees
Competency / skill set desired
- Understanding of Accounting Principles and Standards (Indian GAAP).
- Bank reconciliation experience (especially with multiple accounts).
- Working knowledge of TDS, GST, statutory payments & returns.
- Hands-on experience with accounting software / ERP (SAP preferred).
- Advanced MS Excel skills (Pivot tables, VLOOKUP, basic macros).
- Asset management and capitalization experience.
- Experience in customer/vendor receipting and appropriation.
- Coordination and communication skills across cross-functional teams.
Qualifications / Experience
- B. Com / MBA in Finance
- 2–5 years of relevant experience.
Location: Bangalore