Senior Manager

Senior Manager - Finance & Accounts (Real Estate & Financial Services) Location: Nariman Point, Mumbai (On-site) Experience: 8-10 years Reporting to: Director/CFO (close interaction with Business Heads) Correspondence: About Us We're an expanding team of professionals with 20+ years across real estate and finance. We invest in real estate projects across India (residential, commercial, mixed-use) and, through our investment holding company, allocate to global public and private financial assets. We run lean teams, prize work ethic, ownership, and integrity, and pair high standards with genuine work-life balance. From our base at Nariman Point, you'll work directly with senior leaders, ship meaningful work quickly, and see your ideas influence decisions. What we're building: a durable, growth-oriented platform-institutional processes, sharper analytics, and a culture that develops people. If you enjoy challenging problems, clear accountability, and long-term compounding, you'll fit right in. Role Purpose Own end-to-end finance and accounts, statutory compliance, investment accounting, and MIS for the group. You'll lead day-to-day accounting, strengthen internal controls, streamline systems/ERPs, and deliver decision-ready insights. Key ResponsibilitiesFinancial Recording & Reporting - Maintain accurate books in line with Ind AS. - Prepare P&L, Balance Sheet, and Cash Flow with timely month-end closures. - Produce MIS packs (weekly/monthly) with variance analysis, KPIs, dashboards. Investment Accounting (India) - Required Exposure - Standards & classification: Strong working knowledge of Ind AS 109/32/107 (and Ind AS 113 for fair value) for classification/measurement (Amortized Cost, FVOCI, FVTPL). - Equities/ETFs/Mutual Funds/REITs/InvITs: Day-to-day recognition and fair-value measurement; corporate actions (bonus, split, rights, buyback); REIT/InvIT distribution splits (interest/dividend/capital return) and correct GL/tax mapping. - Futures & Options (F&O): Daily MTM accounting, initial/variation margins, fair valuation of open positions, option premium treatment, expiry/settlement entries, and P&L realization. - Bonds/NCDs/CPs: Coupon accruals, EIR amortization, TDS on interest, and ECL concepts (12-month vs lifetime expected credit loss). - Taxes & charges: Mapping and reconciliation of STT, Stamp Duty, SEBI/Exchange charges, Brokerage, and GST on brokerage components; realized vs unrealized P&L. - Reconciliations: Broker contract notes, exchange MTM/settlement statements, CDSL/NSDL DP/CAS statements, margin/ledger, and bank; position and lot-level tracking (FIFO/lot identification). - Controls & disclosure: Maker-checker segregation from trade capture to valuation and reporting; Ind AS 107 risk disclosures and Ind AS 113 fair value hierarchy notes. - Group context: Awareness of Ind AS 110/111/28 for investments in subsidiaries/associates/JVs (equity method vs fair value where applicable). Statutory Compliance - Ensure compliance with the Companies Act, 2013 and related rules; manage MCA filings. - Oversee GST-monthly/quarterly returns, reconciliations, annual returns. - Manage TDS, Advance Tax, and Income-Tax computations and return filings. - Coordinate and support statutory, internal, and tax audits end-to-end. Budgeting & Cost Control - Assist in annual/quarterly budgets and forecasts; track actuals vs plan. - Monitor cost centers, investigate variances, and implement cost-saving measures. Payroll & Employee Accounting - Process payroll and maintain salary records; handle PF, ESI, PT and other statutory deductions. - File all employee-related compliance returns on time. Accounts Payable & Receivable - Manage vendor invoices, payments, and reconciliations with a robust maker-checker process. - Monitor receivables, drive collections, and maintain DSO discipline. - Perform bank and ledger reconciliations regularly. Audit & Financial Control - Prepare comprehensive audit documentation and schedules. - Implement and improve internal controls, SOPs, and Delegation of Authority. - Ensure accuracy, transparency, and data integrity across systems. Advisory & Systems - Provide financial insights for profitability, cash, and working-capital decisions. - Recommend improvements in financial systems/ERP (Tally/SAP/Zoho) and reporting workflows; familiarity with portfolio/back-office files from brokers/DPs is a plus. - Stay current on taxation, compliance, and accounting standards and operationalize changes. Sector Exposure (Preferred) Experience in Real Estate and/or Financial Services will be a strong advantage: - Real Estate: Ind AS 115 (revenue), project accounting & costing, CWIP capitalization, Ind AS 116 (leases), RERA basics, TDS/stamp-duty nuances on property deals, project cash-flow control. - Financial Services/NBFC: RBI/credit-compliance exposure, collections tracking, and investment/treasury process familiarity. Qualifications & Skills - Education/Certifications: CA preferred (or MBA Finance/CMA with strong accounting pedigree). - Tools: Tally ERP/Prime, SAP, or Zoho Books; Advanced Excel (pivot, lookups, Power Query/basic modeling). BI/reporting familiarity is a plus. - Regulatory Knowledge: GST, TDS, Income Tax, MCA filings; working knowledge of Ind AS (incl. 109/32/107/113). - Competencies: Analytical and detail-oriented, high ownership, crisp communication, and ability to deliver under deadlines (especially during tax season/closings). Why Join Us - 20+ years of dealcraft in real estate and global investing-learn from operators and investors. - High ownership: direct exposure to leadership and decision-making. - Balanced pace: work-life balance without compromising standards. - Real impact: build systems/ERPs, tighten controls, and shape MIS the business actually uses. - Prime location: on-site at Nariman Point, Mumbai. Employment Type & Compensation Full-time. Compensation is market-competitive and commensurate with experience. How to Apply Email your resume to with the subject "Senior Manager - Finance & Accounts (Nariman Point)" and include current CTC, notice period, and earliest joining date.