Senior Accountant (India)

Senior Accountant (India)

02 Oct
|
AkshayGroup
|
India

02 Oct

AkshayGroup

India

Company Description Akshay Group is a real estate organization known for delivering economical residential solutions while maintaining robust trust and reliability with its buyers. Since 2000, the Group has expanded significantly, adding notable luxury housing projects to its portfolio. Its success is driven by a clear understanding of market dynamics and the demand-to-supply ratio. Strategic planning, innovative execution, and a consistent customer-first approach have enabled Akshay Group to achieve sustained growth. The Group is guided by a core belief that every challenge can be met with a “Yes, possible” mindset.

Reports to: Chairman and Executive Directors

Key Responsibilities

Strategy & Fundraising

• Build project feasibility and cash-flow models covering member obligations, premiums, TDR, construction, finance costs and sales
• Raise and manage project funding from banks, NBFCs, AIFs and equity partners, and negotiate terms, security and covenants
• Manage investor relationships and help structure fund and co-investment arrangements

Treasury & Society Commitments





• Manage cash flow, customer collections, banking relationships, credit limits and escrow accounts
• Plan funds for MCGM premiums, TDR purchases, stamp duty and construction milestones
• Issue and track bank guarantees to societies, and make sure member rent, corpus and shifting payments go out on time
• Prepare financial credentials for society tenders and present them to society committees and PMCs. These include audited financials, net worth and solvency certificates, and comfort letters from lenders and investors.

Accounting, Reporting & Controls

• Oversee books of accounts, project-wise costing and revenue recognition (Ind AS 115 or the ICAI Guidance Note, as applicable)
• Deliver monthly MIS, budget-vs-actual and project cash-flow reports to the promoters
• Finalise accounts and manage statutory, tax and internal audits
• Strengthen internal controls, including approval matrices, contra

📌 Senior Accountant (India)
🏢 AkshayGroup
📍 India

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