09 Sep
|
Viceroy Properties
|
Mumbai
09 Sep
Viceroy Properties
Mumbai
Job Details
We are seeking a proactive, detail-oriented and ambitious Assistant General Manager - Accounts & Controls. This role involves overseeing all accounting and financial planning, budgeting, regulatory compliance, and accurate reporting, with a strong focus on compliance, tax laws, and project-based accounting. The ideal candidate brings a strategic mindset, exceptional analytical skills, and a commitment to financial accuracy and integrity within India’s fast-paced real estate sector.
If you’re ready to make an impact, we want to hear from you!
As an Assistant General Manager – Accounts & Controls, your responsibilities include but are not limited to:
Financial Reporting and Project-Based Accounting
- Oversee accurate preparation and analysis of financial statements, with emphasis on compliance with IND AS
- Manage month-end and year-end closings, including reconciliations and project-specific financial summaries
- Develop detailed financial reports and dashboards to monitor project performance, cost management, and profitability
Regulatory Compliance
- Ensure compliance with local and national regulatory requirements, including, GST, Income Tax, and other real estate-specific laws
- Liaise with statutory auditors, internal auditors, and tax authorities, managing audits and inspections effectively
- Implement robust internal controls specific to real estate transactions, including land acquisition, project funding, and customer advances
Team Leadership and Development
- Lead the accounts team, setting clear goals, providing regular feedback, and fostering a collaborative environment
- Mentor and train team members on real estate accounting, project finance, and regulatory changes
- Foster a continuous improvement mindset, driving initiatives for process optimization and automation
Cash Flow and Project Budget Management
- Manage cash flow across multiple projects to ensure liquidity and efficient allocation of funds
- Develop and monitor project budgets, analyzing variances, and ensuring effective cost controls
- Coordinate with project teams to align cash flow forecasts with project milestones and client payment schedules
- Preparation of MIS as required by banks/lenders.
Stakeholder Communication
- Present financial insights to senior management and other stakeholders, focusing on project profitability, ROI, and risk
- Serve as a financial advisor for other departments, particularly for land acquisition, construction, and sales functions
- Act as the primary contact for banks, investors, and financial institutions regarding project financing, loans, and compliance matters
Strategic Financial Planning
- Contribute to the organization’s financial strategy, advising on investment opportunities, funding sources, and cost management initiativess
- Support HOD in making informed decisions by providing data-driven insights into financial and project performance
Core Requirements
- Real Estate Expertise: Strong knowledge of, GST, Ind AS, and real estate tax laws in India
- Analytical Skills: Skilled in financial modelling, project costing, and variance analysis
- Problem Solving: Proven ability to anticipate issues, manage risks, and respond proactively to resolve challenges
- Leadership: Proven ability to develop a high-performing team, focused on delivering accurate and timely financial results
- Communication: Proficient in presenting complex financial data in a transparent, concise manner to senior management and stakeholders
- Attention to Detail: Rigorous attention to detail in managing accounts, project budgets, and financial reports
- Education & Experience: Qualified CA with over 8-10 years of relevant experience
📌 Assistant General Manager - Accounts & Controls (Mumbai)
🏢 Viceroy Properties
📍 Mumbai