(15h Left) Finance Manager Real Estate

5 days ago


Chennai, India Live Connections Full time

Job Title: Manager – Accounts (Payable & Receivable) - Real Estate Industry Location: Mylapore, Chennai Experience: 7 – 10 Years CTC: ₹5 – ₹8 LPA Industry: Real Estate Job Description: We are looking for an experienced and detail-oriented Manager – Accounts (Payable & Receivable) to oversee and manage financial operations related to sales, marketing, and CRM functions. This role requires strong expertise in real estate accounting, statutory compliance, and cross-functional coordination to ensure accurate financial reporting and timely execution of transactions. Key Responsibilities: Accounts Receivable (Sales & CRM): - Maintain and reconcile customer accounts for real estate projects. - Coordinate with Sales and CRM teams for accurate billing and timely collections. - Monitor payment schedules, aging reports, and follow up for outstanding dues. - Reconcile collections with GST, TDS, and other statutory deductions. - Liaise with banks for home loan disbursements and reconcile entries. - Assist CRM with demand letters, financial NOCs, and possession clearance documentation. Accounts Payable (Marketing & Sales): - Process vendor invoices related to marketing (advertising, events, digital, consultants, brokers). - Verify invoices against approved purchase/work orders and ensure budget compliance. - Manage payment schedules, track due dates, and ensure timely payments. - Process broker commissions, incentives, and referral payouts as per company policy. - Handle statutory deductions like GST input credit, TDS, etc. - Maintain vendor ledgers and ensure account reconciliation and closure. General Accounting & Compliance: - Prepare and present monthly MIS reports (payables, receivables, cash flows). - Coordinate with internal and statutory auditors for audits and documentation. - Support project-wise financial analysis and reporting. - Ensure timely and accurate filing of accounting records and documents. - Collaborate with other departments to streamline finance processes and ensure compliance with company policies. Preferred Skills & Competencies: - Strong understanding of real estate industry accounting. - Proficient in handling full-cycle Accounts Payable and Receivable. - Knowledge of statutory compliance: GST, TDS, RERA. - Experience with accounting software: Tally ERP / SAP / Real Estate ERP. - Strong analytical skills, attention to detail, and deadline orientation. - Effective communicator with ability to coordinate across Sales, Marketing, and CRM teams. Qualifications: - Education: B.Com / M.Com / MBA (Finance) / CA Inter (Preferred) - Experience: 7–10 years in real estate accounting, specifically in Sales & Marketing related payables and receivables.



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