25 Oct
|
Homely Buildofiy
|
Bargarh
25 Oct
Homely Buildofiy
Bargarh
Job Title: Sr. Manager / Manager Finance & Accounts
Number of Opening: 01
Location: Corporate Office, Bargarh, Odisha
Experience Required: 12 -15 Years in Real Estate developer or constructions or Property consultancy Firms or Infrastructure industry expertise on same functional & domain knowledge
Availability: Immediate Joiners or qualified with short notice period
Educational Qualification: Full - time B. Com (Hons.) or M. Com or MBA in Finance or CA / CMA intermediate
Industry Preferences: Real Estate developer or constructions or Property consultancy Firms or Infrastructure
Job Purpose:
The Sr. Manager / Manager Finance & Accounts in the real estate and construction industry directs end-to-end accounting operations, project costing, financial reporting, statutory & regulatory compliance. With 1215 years of experience, this leadership role bridges core accounting discipline with strategic financial planning (FP&A;), cash flow and working capital management, RERA/escrow compliance, and cross-functional project tracking. The Manager Accounts & Finance will oversee the end-to-end accounting, project cost tracking, financial reporting, statutory compliance, and internal controls for real estate and construction projects. The incumbent will ensure financial discipline, manage working capital and cash flows, coordinate audits, and provide actionable management information systems (MIS) insights to senior leadership.
Key Roles & Responsibilities
- Financial Accounting & Reporting
- Manage monthly, quarterly, and annual book closures in line with strict corporate deadlines.
- Ensure accurate accounting and financial statement preparation under Indian GAAP / Ind AS and construction accounting standards (such as percentage-of-completion/revenue recognition principles).
- Monitor general ledger controls, journal entries, and account reconciliations.
- Track project-wise costing, land acquisition costs, development expenses, and unit/flat profitability.
- Review accounts payable (vendor/contractor bills) and accounts receivable (milestone-based customer billings and demand letters).
- Regulatory & Statutory Compliance
- Ensure strict compliance with RERA (Real Estate Regulatory Authority) guidelines and escrow account management.
- Manage direct and indirect tax compliances, including GST, TDS, Income Tax, and filings under the Companies Act.
- Coordinate with statutory authorities, legal advisors, and tax consultants for assessments, returns, and notices.
- MIS, Budgeting & Financial Planning (FP&A;)
- Prepare monthly MIS reports, variance analysis, cash-flow projections, and financial dashboards for project progress.
- Support annual budgeting, cost forecasting, and working capital optimization.
- Track fund utilization and project-level liquidity to ensure smooth on-site construction execution.
- Audit & Governance
- Lead statutory audits, tax audits, internal audits, and RERA/escrow audits.
- Drive closure of audit observations and strengthen internal financial controls (ICFR).
- ERP & Process Automation
- Take ownership of enterprise resource planning and accounting platforms like Tally, ERP and Project management software like R-DASH, BHOOMI etc.
- Drive process standardization, digital approvals, and workflow automation.
- Team & Stakeholder Management
- Lead, mentor, and evaluate the internal finance and site-accounting team.
- Partner cross-functionally with Project Engineering, Sales & Marketing, Legal, and Procurement teams.
Specific Skillsets & Competencies
- Technical & Industry Knowledge
- Real Estate & Construction Accounting: Deep grip on project accounting, job costing, percentage-of-completion method, and land/joint-development accounting.
- Regulatory Frameworks: Comprehensive knowledge of RERA accounting rules, escrow regulations, Ind AS / Indian GAAP, GST, and corporate taxation.
- Financial Analysis: Strong command over cash-flow modeling, project-wise P&L; tracking, and variance analysis.
- Software & Tools
- Proficiency in ERP systems (Tally ERP/Prime).
- Advanced MS Excel (Pivot Tables, VLOOKUP/XLOOKUP, financial modeling) and data visualization tools.
- Soft Skills & Leadership
- Strong leadership and team-mentoring capacity.
- Effective communication and cross-departmental stakeholder management.
- High attention to detail, deadline-driven execution, and problem-solving orientation.
What we offer:
- Competitive Fixed CTC matching industry standards
- Career growth opportunities within a fast-expanding real estate brand
📌 Finance & Accounts Manager / Sr. Manager (Bargarh)
🏢 Homely Buildofiy
📍 Bargarh