Finance Executive

Industry: Real Estate / Construction
Experience: 3–5 Years
Location: Mumbai
Department: Finance & Accounts

Job Summary

We are looking for a Finance Executive with 3–5 years of relevant experience to support day-to-day financial operations, cash-flow management, MIS, budgeting, vendor payments, reconciliations, and financial reporting. Experience in the real estate or construction industry will be preferred.

Key Responsibilities

- Manage day-to-day finance and accounting activities.

- Prepare and monitor daily, weekly and monthly financial MIS and reports, with monthly MIS delivered within 5 working days of month-end.

- Assist in budgeting, forecasting and cash-flow planning, including cash requirement projections for upcoming payments.

- Monitor accounts payable and receivable and ensure timely payments and collections.

- Review contractor and vendor invoices, RA bills and payment requests against work orders, measurements and supporting documents.

- Track retention money, advances, recoveries and TDS on vendor payments.

- Perform bank, ledger, vendor and customer reconciliations, closed by the 10th of each month.

- Monitor project-wise expenses and assist in cost tracking, cost-to-complete and project-wise P&L; analysis.

- Track customer receivables, milestone-linked demands, collections and ageing, and follow up with the Sales team on overdue amounts.

- Monitor budgets versus actual expenses and highlight significant variances with reasons.

- Support management with financial analysis and variance analysis.

- Support GST and TDS compliance, including input tax credit reconciliation, in coordination with the tax consultant.

- Support RERA compliance, including escrow account tracking and fund utilisation reporting.

- Coordinate with Accounts, Projects, Procurement, Sales and other departments on financial matters.

- Coordinate with auditors, consultants,



banks and financial institutions, including loan drawdowns, interest servicing and covenant tracking.

- Support statutory, internal and tax audits by providing schedules and responses on time.

- Ensure proper documentation and compliance with internal financial controls.

- Maintain accurate financial records and complete assigned finance activities on time.

- Support senior management in financial planning and decision-making.

Candidate Profile

- Bachelor's degree in Finance, Accounting, Commerce or a related field. CA Inter, ICWA Inter or MBA Finance is an added advantage.

- 3–5 years of relevant experience in Finance & Accounts.

- Experience in Real Estate / Construction will be an added advantage.

- Strong knowledge of MS Excel (pivot tables, lookups, reporting formats) and financial reporting.

- Experience with ERP or accounting software.

- Working knowledge of GST and TDS.

- Good understanding of reconciliations, MIS, budgeting, cash flow and financial analysis.

- Solid analytical and numerical skills.

- Good communication and coordination skills.

- Ability to manage multiple activities and meet deadlines.

Key Skills

- Financial Planning & Analysis

- MIS & Reporting

- Cash Flow Management

- Budgeting & Forecasting

- Project Cost Monitoring

- Vendor & Customer Reconciliation

- Bank Reconciliation

- Variance Analysis

- MS Excel & ERP

- GST & TDS Compliance

- Stakeholder Coordination

Preferred Experience

Candidates from Real Estate, Construction, Infrastructure, Property Development or related industries will be preferred, especially those with hands-on exposure to:

- Contractor RA bills, retention and work-order tracking

- Project-wise costing and cost-to-complete

- RERA compliance and escrow accounts

- Revenue recognition

- Bank and lender coordination on construction finance

Pay: ₹30,000.00 - ₹35,000.00 per month

Benefits:

- Food provided

Work Location: In person

📌 Finance Executive (Mumbai)
🏢 ROSWALT BUILDCON
📍 Mumbai