Assistant Manager (Visakhapatnam)

Assistant Manager (Visakhapatnam)

14 Oct
|
Lansum Properties
|
Visakhapatnam

14 Oct

Lansum Properties

Visakhapatnam

Role & responsibilities

1. Accounts & Financial Management

- Manage end-to-end accounting operations for assigned projects/business units.
- Maintain accurate general ledger, chart of accounts, journals, receivables, payables, and project-wise accounting.
- Review monthly and quarterly closing activities, including bank, ledger, balance sheet, and inter-company reconciliations.
- Monitor fixed assets, depreciation, inventory, capitalization, and project expenses.
- Prepare and review MIS reports, financial statements, budgets, variance analysis, and management reports.
- Ensure proper financial controls and adherence to company accounting policies.

2. Project & Construction Accounting

- Review and control project-wise costs, WIP, budgets, and actual expenditures.
- Verify subcontractor bills, RA bills, final settlements, retention amounts, mobilization advances, and performance securities.
- Monitor project cost codes across civil, structural, finishing, MEP, and other project activities.
- Prepare and monitor project cash-flow statements and fund requirements.
- Coordinate with project teams, commercial teams, procurement, and corporate finance for financial matters.

3. Hotel & Hospitality Accounting

- Manage accounting activities related to hotel/hospitality operations and projects.
- Monitor revenue, operating expenses, vendor payments, inventories, fixed assets, and departmental expenses.
- Review hotel-related financial reports, budgets, cost controls, and revenue reconciliations.
- Coordinate with operations and management teams to ensure effective financial control.

4. Taxation & Statutory Compliance

- Ensure timely compliance with GST, TDS, TCS, Income Tax, and other applicable statutory requirements.
- Review GST workings, ITC reconciliation, TDS deductions, returns,



and related documentation.
- Ensure compliance with applicable RERA requirements for real estate projects.
- Coordinate with statutory auditors, tax consultants, internal auditors, and regulatory authorities.

5. ERP & MIS

- Handle accounting operations through ERP/accounting software and ensure accurate transaction processing.
- Review ERP data, project-wise ledgers, cost centres, purchase/sales entries, payments, and financial reports.
- Coordinate with the ERP/IT team for system implementation, process improvements, master-data accuracy, and issue resolution.

6. Team Management

- Lead and supervise the Accounts & Finance team and allocate daily responsibilities.
- Review team performance, work accuracy, timelines, and productivity.
- Guide team members on accounting procedures, reconciliations, taxation, ERP processes, and documentation.
- Conduct regular reviews and ensure timely completion of monthly closing and statutory activities.
- Coordinate effectively with Projects, Procurement, Commercial, and Corporate Finance teams.

7. Audit & Financial Governance

- Coordinate internal, statutory, tax, and project audits.
- Ensure proper maintenance of accounting records, supporting documents, and audit trails.
- Identify financial discrepancies, control gaps, and process improvements.
- Implement strong internal financial controls and ensure compliance with company policies.

We are looking for an experienced Manager Accounts & Finance to manage project and corporate accounting operations, financial controls, statutory compliances, and team activities. The ideal candidate should have robust experience in Construction / Real Estate / Hotel & Hospitality industry, along with hands-on experience in ERP systems, project accounting, taxation, budgeting, cash flow management, and team management.

📌 Assistant Manager (Visakhapatnam)
🏢 Lansum Properties
📍 Visakhapatnam

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