02 Oct
|
Adler Talent Solutions
|
Ahmedabad
02 Oct
Adler Talent Solutions
Ahmedabad
Key Responsibilities
1. Project Accounting & Financial Management
* Manage accounting and financial reporting for multiple real estate development projects.
* Monitor project-wise revenue, costs, receivables, payables and profitability.
* Ensure accurate accounting of **land acquisition, construction costs, development expenses, finance costs and project overheads**.
* Track project budgets versus actual expenditure and highlight variances.
* Review project profitability, cost-to-complete and expected margins.
* Ensure appropriate allocation of common/project-related expenses.
2. Financial Planning & MIS
* Prepare **monthly/quarterly MIS reports** for management.
* Develop project-wise **P&L;, balance sheet, cash-flow and profitability reports**.
* Prepare management dashboards covering revenue, collections, expenditure, margins and cash position.
* Provide financial insights to management for project and business decisions.
* Monitor key financial KPIs and identify areas of financial risk or leakage.
3. Cash Flow & Working Capital
* Prepare and monitor **project-wise cash-flow forecasts**.
* Track customer collections against project requirements.
* Monitor vendor, contractor and statutory payments.
* Manage working capital requirements and optimize cash utilization.
* Coordinate with banks and financial institutions for project funding and documentation.
4. Taxation & Statutory Compliance
* Handle **GST, TDS, Income Tax and other applicable statutory compliances**.
* Review GST implications on real estate transactions, construction activities and project-related expenses.
* Ensure timely filing of statutory returns and payments.
* Coordinate for tax assessments, notices and audits.
* Work with tax consultants and external advisors wherever required.
5. Audit & Financial Controls
* Coordinate **statutory, internal and tax audits**.
* Ensure timely closure of audit requirements and observations.
* Establish and monitor financial controls across projects.
* Review accounting processes to ensure compliance with applicable accounting standards and company policies.
* Identify financial risks and recommend corrective actions.
6. Revenue & Receivables Management
* Monitor project sales accounting and customer receivables.
* Review customer outstanding reports and collection ageing.
* Coordinate with Sales/CRM and Collections teams for reconciliation and follow-up.
* Ensure proper accounting of advances, cancellations, refunds and customer adjustments.
* Monitor revenue recognition as per applicable accounting standards and regulatory requirements.
7. Vendor & Contractor Accounting
* Review vendor/contractor bills, advances, deductions and reconciliations.
* Ensure appropriate accounting of retention money, security deposits and project advances.
* Monitor contractor payments against work progress and approved budgets.
* Coordinate with Projects and Procurement teams for financial validation of major expenditures.
8. Compliance & Real Estate Regulations
* Ensure finance-related compliance with applicable **RERA and other real estate regulatory requirements**.
* Coordinate with Legal and Project teams for financial information required for regulatory filings.
* Maintain proper project-level documentation and financial records.
9. Budgeting & Business Support
* Assist management in annual budgeting and business planning.
* Prepare financial feasibility and profitability analysis for current projects.
* Evaluate project costs, expected revenues, margins and funding requirements.
* Support management in investment, funding and project-level financial decisions.
Key Deliverables / KPIs
* Accuracy and timeliness of monthly MIS and financial reporting.
* Project-wise budget vs. actual monitoring.
* Project profitability and cost control.
* Timely statutory and tax compliance.
* Cash-flow forecasting accuracy.
* Reduction in receivable ageing and outstanding collections.
* Timely audit closure.
* Effective financial controls across projects.
* Accurate project accounting and reconciliations.
* Timely identification of financial risks and cost overruns
📌 Chartered Accountant (Ahmedabad)
🏢 Adler Talent Solutions
📍 Ahmedabad