
Deputy Manager
6 days ago
Job Description Deputy Manager Finance
Industry: Real Estate
Location: Max Towers Noida
Department: Finance & Accounts (Corporate accounting)
Reports To: Finance Manager
Role Overview:
The Deputy Manager Finance will be responsible for managing corporate accounting, fund management, taxation (direct & indirect), statutory and internal audits, preparation of financial statements, compliance, and MIS reporting for the organization. This role requires strong expertise in financial planning, analysis, and regulatory frameworks relevant to the real estate sector, with hands-on experience in ERP (SAP).
Key Responsibilities:
Financial Reporting & Accounting
- Preparation of Quarterly & Annual Financial Statements Standalone and Consolidated.
- Review and finalization of accounts in compliance with Ind AS and Companies Act.
- Preparation of audit schedules and tax files
- Preparation and analysis of Monthly MIS covering profitability, cash flow, and variance analysis.
- Preparation of business plans and financial projections for stakeholders.
- Timely invoicing for group companies and follow-up of collection.
- Debtor management including reconciliation of tenant/customer accounts and ensuring timely collections.
- Creditor/vendor management including reconciliation of accounts and maintaining accurate payables.
- Monitoring payment cycles and ensuring adherence to defined TAT (Turnaround Time) for disbursements.
- Periodic review of receivables, payables, and working capital requirements.
- Regular review of Trial Balance (TB) and General Ledger (GL) to ensure accuracy, completeness, and timely closure of books of accounts.
Audit & Controls
- Coordination with statutory auditors, preparation of audit schedules, and closure of audits.
- Coordination with internal auditors and review of ICOFR (Internal Controls over Financial Reporting).
- Ensure timely compliance with audit observations and strengthen internal control mechanisms.
Taxation & Compliance
- Manage Direct and Indirect Taxation (GST, Income Tax, TDS, etc.) and assisting in timely submission of tax assessments/queries.
- Ensuring monthly, quarterly and annual compliances with direct, indirect taxation.
- Handle corporate compliances including secretarial and legal matters in coordination with consultants.
Fund Management & Treasury
- Monitor fund requirements, cash flow planning, and working capital management.
- Preparation of monthly cash flows for fund management and monthly reviews.
- Manage investments in mutual funds and other instruments based on recommendations of consultants, ensuring alignment with organizational objectives.
Stakeholder Management
- Provide financial insights and reports to senior management and investors.
- Support cross-functional teams with financial data and decision-making inputs.
Budgeting & Cost Control
- Preparation and monitoring of annual budgets.
- Variance analysis vs. actuals and corrective actions.
Governance & Policy Framework
- Development and implementation of finance policies, SOPs, and best practices.
- Strengthening internal financial controls and ensuring compliance with IFC requirements.
Technology & Automation
- Drive process automation and digital initiatives in finance.
- Leverage SAP analytics and dashboards for real-time reporting.
Key Skills & Competencies:
- Strong knowledge of Ind AS, Companies Act, Income Tax, GST, and RERA regulations.
- Hands-on experience in ERP SAP and advanced Excel.
- Strong analytical and problem-solving skills with a data-driven approach.
- Good understanding of financial modeling, forecasting, and planning.
- Excellent communication and stakeholder management skills.
- Ability to work under tight deadlines with accuracy and attention to detail.
Qualification & Experience:
- Chartered Accountant (CA).
- 47 years of experience in corporate finance/accounting, preferably in the real estate industry.
- Proven track record in handling audits, taxation, and compliance.
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