Location: BKC, Mumbai
Reporting To: Financial Controller
Experience Required: 12 to 16 years post-qualification experience
Qualification: Chartered Accountant (CA)
Industry Preference - Real Estate only
Role Overview:
We are seeking an experienced and hands-on AGM / DGM Finance & Accounts to oversee the day-to-day Finance & Accounts operations of the organisation and its real estate projects.
The role will be responsible for ensuring effective execution, review and control of accounting, taxation, statutory compliance, financial reporting, audit, project accounting, RERA-related financial matters, collections, vendor payments, reconciliations and MIS.
The AGM / DGM will lead and coordinate the Finance team across functions/projects, ensure timely completion of all finance deliverables, strengthen processes and internal controls, and proactively identify and escalate financial, compliance and operational issues to the Financial Controller.
The position will act as the key operational interface between the Finance team, project teams, management and external consultants/auditors, while ensuring that day-to-day finance operations are aligned with the overall direction and policies set by the Financial Controller based on Management vision.
Key Responsibilities:
1. Finance & Accounting Operations
- Oversee day-to-day accounting operations across the organisation and real estate projects.
- Ensure timely and accurate booking of revenue, expenses, project costs, customer receipts, vendor bills, provisions, accruals and other accounting transactions.
- Review monthly closing activities and ensure timely closure of books.
- Review ledgers, trial balances, ageing, provisions, accruals and unusual transactions.
- Ensure proper accounting and reconciliation of inter-company, inter-project and related-party transactions.
- Review bank, customer, vendor and other major balance sheet reconciliations.
- Ensure appropriate accounting treatment in accordance with applicable Ind AS / accounting policies.
- Drive timely resolution of accounting issues and open items.
2.
Financial Reporting & MIS
- Coordinate preparation of monthly, quarterly and annual financial statements and management reports.
- Review monthly MIS and project-wise financial information before submission to the Financial Controller/Management.
- Monitor key financial indicators including revenue, collections, project costs, commitments, receivables, payables and cash position.
- Ensure timely and accurate reporting of financial information to management.
- Analyse significant variances and highlight key issues, risks and corrective actions to the Financial Controller.
- Coordinate with various departments to obtain timely and accurate financial information.
3. Real Estate Project Finance & Accounting
- Oversee project-wise accounting and financial monitoring for ongoing real estate projects.
- Review project costs, commitments, WIP, capitalization and cost-to-complete.
- Monitor project-wise budget versus actual expenditure and highlight material variances.
- Review project profitability and financial performance in coordination with the Financial Controller and project teams.
- Ensure appropriate accounting of land advances, development rights, project-related expenses and other project-specific transactions.
- Monitor project-related fund utilisation and financial compliance.
- Coordinate with Projects, Procurement, Sales and other teams for timely resolution of finance-related matters.
4. RERA & Project Compliance
- Oversee financial aspects of RERA compliance for applicable projects.
- Review project-wise collections, withdrawals, utilisation and related financial records.
- Ensure proper maintenance of RERA-related financial documentation and reconciliations.
- Coordinate with project teams, RERA consultants and auditors for RERA reporting, certification and related requirements.
- Monitor compliance with project-specific financial conditions and highlight deviations.
Interested candidates may share their updated CV at
[email protected], mentioning the following details in their email:
- Total Post-Qualification Experience (PQE)
- Current CTC
- Expected CTC
- Notice Period
📌 AGM/DGM - Finance and Accounts (Mumbai)
🏢 Swan Corp
📍 Mumbai