Assistant general manager - accounts & controls

Job Details

We are seeking a proactive, detail-oriented and ambitious Assistant General Manager - Accounts & Controls. This role involves overseeing all accounting and financial planning, budgeting, regulatory compliance, and accurate reporting, with a strong focus on compliance, tax laws, and project-based accounting. The ideal candidate brings a strategic mindset, exceptional analytical skills, and a commitment to financial accuracy and integrity within India's fast-paced real estate sector. If you're ready to make an impact, we want to hear from you!

As an Assistant General Manager – Accounts & Controls, your responsibilities include but are not limited to:

Financial Reporting and Project-Based Accounting

Oversee accurate preparation and analysis of financial statements, with emphasis on compliance with IND AS Manage month-end and year-end closings, including reconciliations and project-specific financial summaries Develop detailed financial reports and dashboards to monitor project performance, cost management, and profitability

Regulatory Compliance

Ensure compliance with local and national regulatory requirements, including, GST, Income Tax, and other real estate-specific laws Liaise with statutory auditors, internal auditors, and tax authorities, managing audits and inspections effectively Implement robust internal controls specific to real estate transactions, including land acquisition, project funding, and customer advances

Team Leadership and Development

Lead the accounts team, setting clear goals, providing regular feedback, and fostering a collaborative environment Mentor and train team members on real estate accounting, project finance, and regulatory changes Foster a continuous improvement mindset, driving initiatives for process optimization and automation

Cash Flow and Project Budget Management

Manage cash flow across multiple projects to ensure liquidity and efficient allocation of funds Develop and monitor project budgets, analyzing variances, and ensuring effective cost controls Coordinate with project teams to align cash flow forecasts with project milestones and client payment schedules Preparation of MIS as required by banks/lenders.

Stakeholder Communication

Present financial insights to senior management and other stakeholders, focusing on project profitability, ROI, and risk Serve as a financial advisor for other departments, particularly for land acquisition, construction, and sales functions Act as the primary contact for banks, investors, and financial institutions regarding project financing, loans, and compliance matters

Strategic Financial Planning

Contribute to the organization's financial strategy, advising on investment opportunities, funding sources, and cost management initiativess Support HOD in making informed decisions by providing data-driven insights into financial and project performance

Core Requirements

Real Estate Expertise: Strong knowledge of, GST, Ind AS, and real estate tax laws in India Analytical Skills: Skilled in financial modelling, project costing, and variance analysis Problem Solving: Proven ability to anticipate issues, manage risks, and respond proactively to resolve challenges Leadership: Proven ability to develop a high-performing team, focused on delivering accurate and timely financial results Communication: Proficient in presenting complex financial data in a clear, concise manner to senior management and stakeholders Attention to Detail: Rigorous attention to detail in managing accounts, project budgets, and financial reports Education & Experience: Qualified CA with over 8-10 years of relevant experience