02 Oct
|
Metro Real Infra
|
Lucknow
02 Oct
Metro Real Infra
Lucknow
Senior Project Finance & Accounts Manager – Real Estate & Construction
Location: Lucknow, Uttar Pradesh
Experience: 5–8 Years
Industry: Real Estate / Construction
Employment Type: Full-Time
Salary: ₹25,000 – ₹30,000 per month, depending on experience and capability
About the Role
We are looking for an experienced and highly responsible Senior Project Finance & Accounts Manager to manage the complete financial and accounting operations of our real estate and construction business.
The ideal candidate should have strong experience in project-wise accounting, construction costing, cash-flow management, MIS reporting, investor accounting, bank finance, budgeting and profitability analysis.
This is a key management position. The candidate will be responsible not only for maintaining accounts but also for providing clear and accurate financial information to the management for every project/site.
Key Responsibilities
- Maintain complete and accurate project-wise/site-wise accounts.
- Track all expenses related to land, construction, labour, contractors, materials, approvals, registry, marketing and other project costs.
- Prepare project-wise Profit & Loss statements and calculate actual profitability.
- Maintain detailed records of company income, expenses, assets and liabilities.
- Track bank loans, principal, interest, repayments and outstanding balances.
- Maintain complete accounting of funds received from investors/financiers.
- Calculate investor profit/returns and prepare investor settlement statements.
- Calculate the company's actual profit after considering investor returns, finance costs and project expenses.
- Maintain separate records for office expenses, staff expenses, site expenses and other overheads.
- Monitor project budgets against actual expenditure and identify cost overruns.
- Prepare monthly and quarterly MIS reports for management.
- Prepare cash-flow statements and forecast upcoming fund requirements.
- Monitor receivables, payables and pending payments.
- Reconcile all bank accounts and cash transactions regularly.
- Ensure proper documentation of bills, vouchers, purchase invoices and payment records.
- Coordinate with the company's CA/auditor for GST, TDS, income tax, audit and statutory compliance.
- Establish proper financial controls and approval systems for site and office expenses.
- Identify unusual, excessive or unauthorized expenses and immediately report them to management.
- Maintain complete confidentiality of company, investor and financial information.
Required Skills
- Strong knowledge of Real Estate / Construction Accounting
- Project-wise costing and profitability analysis
- Advanced MS Excel
- Tally Prime / accounting software
- MIS preparation and financial reporting
- Cash-flow management
- Bank reconciliation
- Loan and interest calculations
- Investor accounting and settlement
- Budgeting and cost control
- GST & TDS knowledge
- Strong analytical and numerical skills
- Excellent documentation and record-keeping skills
Required Experience & Qualification
- Minimum 5 years of relevant experience in Accounts & Finance.
- Preferably 2–3+ years of experience specifically in Real Estate / Construction / Infrastructure.
- Candidates with 6–8 years of relevant experience will be preferred.
- Graduate in Commerce / Finance; B.Com / M.Com / MBA Finance / CA Inter / CMA or equivalent qualification preferred.
- Solid practical knowledge of Excel and accounting software is mandatory.
Candidate Profile
We are looking for someone who is:
- Highly trustworthy and financially responsible.
- Detail-oriented and accurate with numbers.
- Capable of independently managing project finances.
- Comfortable dealing with large volumes of financial data.
- Proactive in identifying financial issues and cost overruns.
- Able to clearly explain financial figures to the management.
- Capable of maintaining strict confidentiality.
- Strong in follow-ups and coordination with sites, contractors, vendors, banks, investors and CA/auditors.
Important
This position is not limited to routine accounting or Tally entries.
The candidate should be capable of understanding the complete financial picture of the business — where money comes from, where it is spent, project-wise cost, project-wise revenue, loans, investor funds, finance costs and the actual profit generated for the company and management.
Selection Process
Shortlisted candidates may be required to complete a practical Excel/Project Finance test covering:
- Project-wise P&L;
- Construction costing
- Investor settlement
- Loan/interest calculation
- Cash-flow statement
- Budget vs actual expenditure
- Management MIS
Salary: ₹25,000 – ₹30,000 per month
Salary will be decided based on relevant experience, technical capability and performance in the selection process.
📌 Senior Project Finance & Accounts Manager (Lucknow)
🏢 Metro Real Infra
📍 Lucknow