Senior Manager Finance

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.

About the company