Accounts Manager

Role & responsibilities

1. Financial Management:

Oversee day-to-day financial operations, including accounts payable/receivable, general ledger, and payroll.

Ensure timely reconciliation of bank accounts and other financial statements.

Monitor cash flow and manage fund allocations across projects.

2. Real Estate Accounting:

Maintain project-specific accounts and monitor costs, revenues, and profitability.

Manage the accounting of joint ventures, partnerships, or co-development projects.

Oversee revenue recognition based on project completion or handover milestones.

3. Budgeting & Forecasting:

Prepare annual budgets and project cash flow forecasts.

Track variances between actual performance and budgets, providing insights to management.

Assist in the preparation of feasibility studies for new projects.

4. Compliance & Audit:

Ensure compliance with tax laws, RERA (Real Estate Regulatory Authority) regulations, and other statutory requirements.

Liaise with external auditors, ensuring timely and accurate completion of audits.

File GST, TDS, and other statutory returns as per regulatory timelines.

5. Reporting & Analysis:

Prepare monthly, quarterly, and annual financial reports for management.

Provide financial insights and analysis to support strategic decision-making.

Analyze financial performance of projects and suggest measures for cost optimization.

6. Team Leadership:

Lead and mentor the finance team, ensuring alignment with organizational goals.

Conduct regular training sessions for team members on accounting standards and compliance requirements.