Dear Candidate,

We are hiring for Senior qualified in our Finance & Accounts Department. If you are interested kindly share your CV on [email protected]

We are looking for candidates from Real Estate or EPC domain

Company: Stelmec Limited www.stelmec.com

Domain: Real Estate / High End Luxury Residential Projects

Location: Bandra West, Mumbai

Reporting To: Head Finance

Working Days: 6 Days (Monday - Saturday)

Function: Finance & Accounts

1. Position Overview:

We are looking for an experienced Finance & Accounts Professional to manage and oversee project finance, accounting, taxation, financial reporting, audits, cash flow management and statutory compliance for the Companys real estate and infrastructure projects.

The role will be responsible for ensuring accurate financial reporting, timely project billing, effective cost control, working capital management and statutory compliance, while providing meaningful financial insights to management for business decision-making.

2. Key Responsibilities

A. Project Accounting, Billing & Revenue Recognition

- Manage end-to-end project billing, revenue recognition and e-invoicing for real estate/infrastructure projects.
- Ensure timely and accurate customer billing in line with project milestones, contracts, work completion and applicable accounting standards.
- Monitor project-wise receivables, unbilled revenue, advances and outstanding balances.
- Coordinate with Project, Commercial, Sales and Operations teams for billing inputs and resolution of billing-related issues.
- Ensure proper accounting and reconciliation of project costs, revenue and work-in-progress.

B. Financial Accounting & Reporting

- Manage day-to-day accounting operations including General Ledger, Accounts Payable, Accounts Receivable, bank and balance-sheet reconciliations.
- Lead month-end,



quarter-end and year-end closing activities and ensure timely finalization of accounts.
- Prepare financial schedules, MIS reports and management reports.
- Perform inter-company reconciliations and ensure timely resolution of accounting differences.
- Ensure compliance with applicable accounting standards, Company policies and internal controls.

C. Fixed Assets & Capitalisation

- Manage Fixed Asset Accounting, including asset recognition, capitalization, depreciation, transfers, disposals and reconciliation.
- Maintain accurate fixed asset registers and ensure proper accounting of capital expenditure.
- Coordinate with relevant departments for physical verification and reconciliation of fixed assets.

D. Project Costing & Budgetary Control

- Prepare and monitor project-wise budgets, forecasts and cost statements.
- Conduct Budget vs. Actual variance analysis and identify significant cost overruns, deviations and financial risks.
- Track project profitability, cost-to-completion and key financial performance indicators.
- Work closely with project teams to strengthen cost control and improve project financial performance.

E. Cash Flow & Working Capital Management

- Prepare project-wise cash flow forecasts and support overall working capital planning.
- Monitor project collections, vendor payments, advances, retention money and other working capital components.
- Provide regular cash flow and liquidity updates to the Head Finance and management.
- Identify potential cash flow gaps and support timely corrective actions.

F. Banking & Financing





- Manage day-to-day banking operations, including payments, receipts, bank reconciliations and banking documentation.
- Maintain records relating to loans, project finance and equipment/construction financing.
- Coordinate with banks and financial institutions for documentation, confirmations, statements and compliance requirements.
- Monitor repayment schedules, interest calculations and financing-related accounting.

G. Taxation & Statutory Compliance

- Ensure timely compliance with GST, TDS, Income Tax and other applicable statutory requirements.
- Review GST/TDS reconciliations and coordinate with consultants/internal teams for timely filing of returns.
- Assist in handling tax assessments, notices, reconciliations and related documentation.
- Ensure proper maintenance of tax records and supporting documentation.

H. Audit & Compliance

- Lead and coordinate Statutory, Internal and Cost Audits.
- Coordinate with external auditors, internal auditors, consultants and other stakeholders.
- Ensure timely submission of audit schedules, explanations and supporting documents.
- Track audit observations and ensure closure of identified issues.
- Strengthen financial controls and ensure adherence to internal policies and procedures.

I. Management MIS & Financial Analysis

- Prepare periodic MIS and financial dashboards covering project revenue, costs, profitability, receivables, payables and cash flows.
- Provide financial analysis and insights to management for business planning and decision-making.
- Identify trends, risks, cost deviations and opportunities for improving financial performance.
- Support management in business planning, budgeting, forecasting and financial reviews.

Kindly email your CV on [email protected]

Regards

Sushil Raut

Human Resource Department

📌 Accounts & Finance Manager (Mumbai)
🏢 Stelmec
📍 Mumbai