Chief Accounts Officer

6 months ago

Mumbai Central Mumbai Maharashtra, India Ace Skill Edutech Full time

Job Title: Chief Accounts Officer - Real Estate - Mumbai

Job Responsibility

Strategy, Planning, and Management
- Act as a strategic business partner to the executive leadership team.
- Assess and evaluate the financial performance of the organization with regard to goals, budgets, and forecasts. Provide insight and recommendations.
- Identify, acquire and implement systems and software to provide critical financial and operational information. Make suggestions for automating processes and increasing efficiency.
- Determine accounting and tax implications for all material business decisions.
- Create and establish yearly financial initiatives and goals that align with the company's plan for growth and expansion. Track and report on the status of the initiatives and goals.
- Implement policies, procedures, and processes as deemed appropriate by the executive leadership team.

Financial Analysis, Budgeting, and Forecasting
- Manage financial planning and analysis activities. Supervise the creation of reports and implementation of tools for budgeting and forecasting.
- Prepare and present monthly budget vs actual reports for properties and ownership entities.
- Prepare and present weekly cash flow reports for each ownership entity.
- Review and analyze monthly financial results and provide recommendations.
- Develop and maintain operational budgets for each ownership entity.
- Ensure the proper functioning of all systems, databases and financial software. Provide regular maintenance and backup of all accounting and operating systems.
- Ensure timeliness and accuracy of financial and management reporting data.
- Oversee the preparation and communication of monthly, quarterly and annual financial statements.
- Oversee the preparation and timely filing of all local, state and federal tax returns.
- Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies.
- Review all month-end closing activities including general ledger accounts, balance sheet accounts, and overhead cost allocation.
- Assure conformity with professional accounting standards and best practices in accordance with GAAP.
- Serve as a key point of contact for external auditors; Manage preparation and support of all external audits.
- Coordinate and strategize methods used to attain team goals and initiatives with directors and managers.

Financial and Cash Management
- Manage the cash flow planning process and ensure funds availability and the maintenance of minimum required cash balances.
- Oversee weekly cash management, approve large payables, sign checks, authorize large wires and ACHs.
- Maintain corporate banking relationships and strategic alliances with vendors and business partners.
- Lead the evaluation of insurance premiums, deductibles and the impact on budgets and forecasts. Advise the Legal/Risk and HR teams on impacts.
- Utilize forward-looking models and activity-based analyses to provide financial insight into the organization’s plans and operating budgets.Key Skills:Mandatory:
Expert in Financial Management & Financial Accounting

Target Industry: Real Estate Preferred

Gender: Male

Experience: 4 to 7 years

Job Location: Lower Parel, Mumbai
Working Days: 6 days

Age: 28 to 33 years

Qualification: MBA Finance or Post Grad in similar principle

Notice Period: Immediate to 30 days

**Job Types**: Full-time, Permanent

**Salary**: ₹600,000.00 - ₹800,000.00 per year

Schedule:

- Day shift

Ability to commute/relocate:

- Mumbai Central, Mumbai, Maharashtra: Reliably commute or planning to relocate before starting work (required)

**Education**:

- Master's (preferred)

**Experience**:

- Accounting: 7 years (required)
- total work: 7 years (preferred)

Willingness to travel:

- 25% (preferred)

**Speak with the employer**
+91 9059441810

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