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