Assistant General Manager

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

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

Regulatory Compliance

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

Team Leadership and Development

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

Cash Flow and Project Budget Management

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

Stakeholder Communication

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

Strategic Financial Planning

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

Core Requirements

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