Job Description: General Manager Accounts & Taxation
Position Title: General Manager (GM) Accounts & Taxation
Industry: Real Estate / Property Development
Location: Bangalore, Karnataka
Experience Level: 812 Years
Education Qualification: Chartered Accountant (CA) Mandatory

Job Purpose
The General Manager of Accounts & Taxation will head the corporate accounting, financial planning, and statutory tax compliance functions for our real estate operations. This leadership role requires deep expertise in real estate accounting standards, joint development agreements, and industry-specific direct and indirect tax frameworks to ensure financial integrity and regulatory compliance across all ongoing and upcoming projects.
Key Responsibilities
1. Accounts & Financial Reporting

- Oversee the end-to-end finalization of standalone and consolidated financial statements in compliance with Ind AS (specifically Ind AS 115 regarding revenue from contracts with customers in real estate) and statutory requirements.
- Implement and manage project-wise accounting, cost allocation, and inventory valuation (construction-in-progress) protocols.
- Supervise the core accounting teams managing Accounts Payable (AP), Accounts Receivable (AR), payroll, and general ledger operations.
- Formulate and implement robust internal financial controls (IFC) and standard operating procedures (SOPs) to mitigate operational and financial risks.

2. Taxation & Regulatory Compliance

- Indirect Taxation: Lead GST compliance, including the calculation of tax liability on construction services, reversal of Input Tax Credit (ITC) as per real estate rules, filing of monthly/annual returns, and optimizing tax structures for residential and commercial segments.
- Direct Taxation: Manage corporate income tax computations, advance tax planning, and timely filing of Income Tax Returns (ITR). Ensure rigorous compliance with TDS (Tax Deducted at Source) and TCS provisions,



particularly those related to immovable property transactions.
- Real Estate Regulations: Ensure strict alignment of accounting practices with RERA (Real Estate Regulatory Authority) guidelines, including the maintenance of designated RERA bank accounts and utilization of project funds. [1]
- Represent the company before tax authorities, manage tax audits, handle assessments, and coordinate with legal advisors for appeals and litigation.

3. Joint Development & Strategic Finance

- Evaluate accounting and tax implications for Joint Development Agreements (JDAs), landowner share allocations, and revenue/area sharing arrangements.
- Partner with the project management and estimation teams to review project budgets, cash flow projections, and feasibility reports.
- Manage treasury operations, banking relationships, fund syndication, and compliance related to construction finance or project loans.

4. Audit & Team Leadership

- Direct and coordinate statutory audits, internal audits, and tax audits with external auditors.
- Provide strategic leadership, mentoring, and technical guidance to an internal finance and accounts team.
- Drive automation and process improvements within the ERP environment (such as SAP, Oracle, or specialized real estate ERPs). [1]

Required Knowledge, Skills, and Qualifications

- Certification: Must be a qualified member of the Institute of Chartered Accountants of India (ICAI).
- Experience: 8 to 12 years of post-qualification experience, with a significant and proven track record within a reputed real estate developer or construction enterprise.
- Technical Expertise: Comprehensive understanding of RERA regulations, GST laws governing real estate, JDA taxation mechanisms, and construction revenue recognition methodologies.
- Software: Advanced proficiency in real estate ERP software and Microsoft Excel.
- Competencies: Solid analytical capabilities, exceptional leadership attributes, sharp problem-solving skills, and excellent communication abilities to interact effectively with management, auditors, and regulators.

📌 General Manager Accounts & Taxation- Real Estate (Bengaluru)
🏢 Last Mile
📍 Bengaluru