Deputy General Manager

Job Title: Deputy General Manager Finance, Accounts & Tax

Department: Finance & Accounts

Reporting To: Chief Financial Officer / Director – Finance

Location: Mumbai

Company: LID INFRA LLP

Position Overview

The DGM – Finance, Accounts & Tax will lead and manage the financial operations, accounting, taxation, and compliance functions for the organization's real estate and infrastructure projects. The role is responsible for financial planning, project cash flow management, statutory compliance (including RERA), and providing strategic inputs to management for decision-making.

Key Responsibilities

1. Financial Planning & Control

• Prepare annual budgets, project-wise cash flow forecasts, and monitor budget utilization.
• Track project revenues, construction costs, overheads, and profitability.
• Manage fund flow planning to ensure timely payments to vendors, contractors, and authorities.
• Conduct financial feasibility analysis for new land acquisitions and projects.
• Coordinate with lenders for project funding, loan disbursements, and compliance with sanction terms.
• Support management in financial modelling and business plans for new ventures or SPVs.

2. Accounting & Reporting

• Supervise all accounting operations – project accounting, consolidation, and finalization of books.
• Ensure proper accounting of revenue recognition as per Ind AS 115 and RERA guidelines.
• Oversee preparation of monthly MIS, project profitability reports, and management dashboards.
• Coordinate with statutory, internal, and tax auditors for audit completion and compliance.
• Implement internal controls and ensure adherence to company financial policies.

3. Taxation & Compliance

• Oversee all Direct Tax (Income Tax, TDS) and Indirect Tax (GST) compliances, including project-level implications.
• Handle GST input credit reconciliations, works contract taxation, and RCM applicability.
• Review and file income tax returns, GST returns, and TDS statements.
• Manage tax assessments, audits, and notices; coordinate with consultants and authorities.
• Ensure compliance with RERA, Companies Act, FEMA, and other applicable regulations.

4. Treasury & Banking

• Manage banking operations, fund transfers, and project escrow accounts as per RERA norms.
• Liaise with banks and financial institutions for project finance, LC/BG issuance, and credit facilities.
• Monitor interest cost, repayment schedules, and covenant compliance.

5. Strategic & Operational Support

• Provide financial insights for pricing, project launches, and investment decisions.
• Conduct due diligence for land or project acquisitions and joint development agreements (JDA/JV).
• Support in structuring SPVs, capital infusion, and inter-company transactions.
• Drive digitalization and automation of accounting and reporting processes (ERP/SAP/Tally Prime).

Qualifications & Experience

• Education: Chartered Accountant (CA) is desirable.
• Experience: 10 years of experience in Finance, Accounts & Taxation with at least 5+ years in real estate or infrastructure sector.
• Industry Knowledge: Project finance, RERA compliance, Ind AS 115 (Revenue from Real Estate Contracts), GST on construction services, and fund structuring.

Key Skills & Competencies

• Strong knowledge of real estate financial structuring, taxation, and compliance.
• Expertise in Ind AS, RERA, GST, and income tax provisions.
• Excellent analytical and problem-solving ability with attention to detail.
• Strong leadership, team management, and cross-functional coordination skills.
• Proficiency in ERP/accounting systems (SAP / Oracle / Tally Prime).
• Integrity, ownership, and the ability to work in a fast-paced project environment.

Performance Indicators

• Timely and accurate completion of project accounts and audits.
• Compliance with RERA, GST, and income tax regulations.
• Effectiveness of financial controls and reporting.
• Fund utilization efficiency and project cash flow management.
• Contribution to process improvement and cost optimization.