02 Sep
|
Praga Capital Constructions - Electronic City
|
Bengaluru
02 Sep
Praga Capital Constructions - Electronic City
Bengaluru
Job Title: Accounts Manager
Role & Responsibilities:
1. Rental & CAM Revenue Management
- Raise monthly rent invoices for all tenants across both properties (Praga Square, Bommasandra, and the second property), in line with lease terms and escalation clauses
- Raise monthly CAM invoices based on the approved CAM budget and actual common-area costs
- Track receivables and follow up directly with tenants on overdue rent/CAM payments; escalate to MD where required
- Coordinate with the Operations Manager on tenant billing disputes, CAM cost deductions, or service-quality-linked adjustments
- Manage and reconcile tenant security deposits, advance rent, and interest-free deposits as per lease agreements
- Maintain a lease escalation and renewal calendar, ensuring rent revisions are applied on time and renewal notices go out in advance
2. Accounts Payable & Vendor Management
- Process and approve payments to CAM vendors (housekeeping, security, maintenance), utility providers, and project/construction vendors
- Verify vendor invoices against purchase orders / contracts / work completion before releasing payment
- Maintain vendor ledgers, track outstanding payables, and ensure timely TDS deduction on applicable vendor and contractor payments
- Negotiate payment terms with recurring vendors in consultation with the Operations Manager
3. Statutory Compliance & Taxation
- GST compliance: monthly/quarterly return filing (GSTR-1, GSTR-3B) on rental and CAM income, input credit reconciliation
- TDS compliance: deduction, timely deposit, and quarterly TDS return filing on rent, contractor payments, and qualified fees
- Income tax: computation of advance tax, coordination with the external CA for annual return filing and assessments
- Property tax and other statutory dues payable to BBMP / local municipal authority
- Maintain a compliance calendar covering all statutory due dates and ensure zero-default filings
4. Banking, Treasury & Cash Flow
- Manage day-to-day banking op
📌 Accounts Manager (Bengaluru)
🏢 Praga Capital Constructions - Electronic City
📍 Bengaluru