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## Senior Manager / General Manager – Finance & Accounts

Location: Chennai

Industry: Real Estate / Construction

Company: Rattha Realty

### Position Summary

Rattha Realty is seeking an experienced Senior Manager / General Manager – Finance & Accounts to lead the finance function for multiple real estate projects. The role requires strong expertise in financial accounting, taxation, RERA compliance, treasury management, project accounting, statutory reporting, and internal controls.

The ideal candidate should possess extensive experience in residential and commercial real estate accounting, Percentage of Completion (POC) accounting, GST, Income Tax, TDS, RERA regulations, banking, and ERP/Tally-based financial management.

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## Key Responsibilities

### Financial Accounting & Reporting

Lead end-to-end accounting operations for multiple real estate projects.

Ensure timely month-end and year-end financial closing.

Prepare MIS, P&L;, Balance Sheet, Cash Flow Statements, and management reports.

Ensure compliance with applicable Accounting Standards and Ind AS.

Oversee project-wise cost accounting and cost center reporting.

### Project Accounting & Cost Control

Maintain project-wise accounting through Cost Centres.

Monitor project budgets, cost overruns, and profitability.

Prepare project cost reports and variance analysis.

Ensure proper capitalization of project costs.

Support management in financial planning and budgeting.

### RERA Compliance

Ensure compliance with all RERA financial regulations.

Manage designated 70% and operational 30% bank accounts.

Coordinate Form 1, Form 2, Form 3, and Form 5 certifications.

Prepare quarterly financial updates for RERA portal filings.

Monitor project withdrawals based on certified project progress.

Ensure proper utilization of escrow funds.

### Taxation & Statutory Compliance

Ensure accurate GST accounting and monthly GST returns.

Perform GSTR-2B reconciliation and ITC verification.

Ensure timely TDS deduction, payment, return filing, and certificate issuance.

Handle Income Tax, GST, Skilled Tax, Labour Cess, and statutory compliances.





Coordinate statutory, internal, GST, and income tax audits.

### Treasury & Banking

Manage project cash flow and working capital.

Prepare weekly and monthly fund flow statements.

Handle banking relationships and loan documentation.

Monitor project financing and utilization of funds.

Process vendor payments after complete document verification.

Perform daily/weekly bank reconciliation.

### Accounts Payable & Receivable

Verify Purchase Orders, Tax Invoices, GRNs, Delivery Challans, and approval documents before processing payments.

Monitor customer collections and outstanding receivables.

Ensure milestone billing and collection tracking.

Manage vendor advances, retention money, and reconciliation.

### Internal Controls & Audit

Establish strong financial controls and SOPs.

Ensure maker-checker controls for payments.

Maintain complete audit documentation.

Coordinate with internal and statutory auditors.

Identify financial and compliance risks and recommend corrective actions.

### ERP / Tally Management

Manage accounting through Tally Prime or ERP systems.

Configure project-wise cost centres and financial reporting.

Control user access, voucher authorization, and period locking.

Ensure daily data backups and data security.

### Team Leadership

Lead and mentor the Finance & Accounts team.

Allocate work and monitor team performance.

Coordinate with Projects, Procurement, Sales, CRM, Legal, and Management.

Drive process improvements and automation initiatives.

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## Candidate Profile

### Education

Chartered Accountant (CA) preferred.

CMA / MBA (Finance) / M.Com / ICWA may also be considered based on relevant experience.

### Experience





12–18+ years of Finance & Accounts experience.

Minimum 8 years in Real Estate / Construction industry.

Experience managing multiple RERA projects is essential.

Experience in residential and commercial projects preferred.

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## Technical Skills The candidate should have strong working knowledge of:

Indian Accounting Standards (Ind AS)

Percentage of Completion (POC) Accounting

RERA Compliance

Escrow (70/30) Account Management

GST & GST Reconciliation

TDS (Sections 194C, 194J, 194-IA and other applicable provisions)

Income Tax Compliance

Project Costing

Cash Flow & Treasury

Working Capital Management

Budgeting & Forecasting

Internal Controls

Bank Reconciliation

Vendor Management

Statutory Audits

Tally Prime / ERP

Advanced Microsoft Excel (Pivot Tables, Power Query, Lookups, Dashboards)

MIS Reporting

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## Key Competencies

Strong analytical and commercial acumen

Excellent leadership and people management skills

High attention to detail

Strong problem-solving ability

Effective communication and stakeholder management

Ability to manage multiple projects simultaneously

Strong compliance orientation

Integrity and confidentiality

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## Performance Indicators (KPIs)

Timely financial closing

Accurate MIS reporting

Zero major audit observations

GST and TDS compliance

Timely statutory filings

Accurate RERA reporting

Efficient working capital management

Vendor payment turnaround

Budget adherence

Cash flow optimization

Successful audit completion

Team productivity and development

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## Preferred Industry Background

Real Estate Developers

Construction Companies

Infrastructure Developers

Property Development Firms

- Integrated Township Projects

## Reporting To

Chief Financial Officer (CFO) / Managing Director

## Team Handling

Finance & Accounts Executives, Accounts Officers, Treasury Executives, Site Accountants, and Compliance Team.

## Compensation

Best in the industry and commensurate with qualifications, experience, and demonstrated expertise in real estate finance and RERA compliance.

📌 Senior Finance Manager ( Real Estate ) (Chennai)
🏢 Workafella
📍 Chennai