Assistant General Manager

2 days ago

Mumbai, Maharashtra, India Peoplenest Global Consulting Full time ₹ 2,40,00,000 - ₹ 3,00,00,000 per year

Job Title: Assistant General Manager (AGM) Finance (Real Estate)

Location: Mumbai, Maharashtra

Salary Range: 24,00,000 – 30,00,000 per annum

Industry: Real Estate / Construction / Infrastructure

Employment Type: Full-time

About the Role

We are looking for an accomplished and detail-oriented finance professional from the real estate sector to join as AGM – Finance. The ideal candidate will oversee financial planning, budgeting, fund management, and compliance activities while ensuring effective coordination with banks, financial institutions, and internal stakeholders. This role is key to driving financial strategy, optimizing cash flows, and supporting business expansion.

Key Responsibilities

Lead the entire finance and accounts function for multiple real estate projects.

Manage funding requirements, loan disbursements, and financial closures with banks and NBFCs.

Prepare and monitor project-wise budgets, cash flow forecasts, and variance analyses.

Handle MIS reporting, financial statements, and periodic management presentations.

Ensure compliance with RERA, GST, Income Tax, and statutory audit requirements.

Oversee vendor payments, reconciliation, and expense control mechanisms.

Evaluate and manage project feasibility from a financial standpoint, including ROI, IRR, and DCF models.

Liaise with external auditors, financial institutions, and statutory authorities.

Support senior leadership in strategic decision-making through financial insights and scenario analysis.

Implement best practices for internal controls, process automation, and governance.

Desired Candidate Profile

Education: Chartered Accountant (CA) / Cost Accountant (ICWA) / MBA (Finance) from a reputed institution.

Experience: Minimum 12–18 years of relevant experience in real estate finance, project accounting, and treasury management.

Industry Expertise: Must have strong exposure to real estate or construction companies, preferably with experience in handling large residential or commercial projects.

Skills & Competencies:

Excellent knowledge of financial modeling, project finance, and capital structuring.

Strong understanding of RERA, IND AS, and taxation applicable to the real estate sector.

Good relationship management skills with lenders, investors, and auditors.

Proficiency in ERP systems (SAP/Tally/Oracle) and advanced Excel.

High integrity, analytical mindset, and leadership capabilities.

Compensation & Benefits

Annual CTC: 24,00,000 – 30,00,000 (based on experience and qualifications).

Performance-based incentives and benefits as per company policy.

Work Location

Mumbai, Maharashtra (occasional travel to project sites and financial institutions as required).

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