Chartered Accountant

Role & responsibilities

Financial Accounting & Reporting:

• Oversee and manage all financial accounting and reporting for the firm, ensuring timely and accurate preparation of financial statements in compliance with IFRS (International Financial Reporting Standards) or local accounting standards.
• Manage real estate-specific accounting tasks, including revenue recognition, lease accounting, property management, and capital expenditure projects.
• Prepare monthly, quarterly, and annual financial reports and summaries for senior management, ensuring compliance with relevant statutory requirements.

Taxation:

• Ensure accurate and timely filing of tax returns (Income Tax, GST, TDS, etc.), taking into account the nuances of the real estate industry.
• Advise on tax planning strategies for property transactions, acquisitions, and sales, considering tax-saving opportunities and legal compliance.
• Liaise with tax authorities and manage audits and assessments.

Audit & Compliance:

• Coordinate and manage internal and external audits, ensuring the accuracy and compliance of financial records.
• Implement internal controls and financial processes to minimize risk and ensure that financial activities align with company policies and regulations.
• Ensure the firm is fully compliant with all statutory financial reporting and tax obligations.

Financial Analysis & Budgeting:

• Develop and manage financial models and business plans to support investment decisions, property development, and other real estate ventures.
• Conduct financial analysis on real estate transactions, investment properties, and business operations to provide insights to senior management.
• Assist in the creation of budgets and forecasts, and monitor spending to ensure adherence to financial targets.

Cash Flow Management:

• Oversee cash flow, ensuring that funds are efficiently managed to meet operational needs, property acquisitions, and investment activities.
• Analyze liquidity requirements and recommend strategies for improving cash flow.

Property Valuation and Due Diligence:

• Support the firm in property valuation and due diligence processes for acquisitions, sales, and leasing deals.
• Work closely with the real estate team to ensure financial evaluations align with market trends and property performance metrics.

Team Leadership & Development:

• Lead and mentor a team of junior accountants, ensuring that they are trained in best accounting practices and industry standards.
• Foster a positive and collaborative work environment to enhance productivity and professional development within the finance department.

Stakeholder Management:

• Maintain strong relationships with external stakeholders, including auditors, tax consultants, bankers, and other financial institutions.
• Assist in preparing and presenting financial information to investors, stakeholders, and senior leadership.

Additional Requirements:

• Strong interpersonal and negotiation skills for dealing with vendors, clients, and internal teams.
• Ability to work under pressure and manage multiple tasks simultaneously.
• In-depth understanding of financial regulations in the real estate sector.

Preferred candidate profile

• Technical Skills:
• Proficiency in accounting software (e.g., Tally, SAP, or specialized real estate accounting software).
• Strong knowledge of financial reporting, tax laws, and audit procedures.
• Expertise in financial modeling, budgeting, and financial forecasting.
• Industry Knowledge: Strong understanding of the real estate market, property transactions, and real estate financial management.
• Analytical Skills: Ability to interpret complex financial data, identify trends, and provide actionable insights.
• Communication Skills: Excellent written and verbal communication skills, with the ability to present financial information clearly to non-financial stakeholders.
• Attention to Detail: High attention to accuracy and compliance in all financial dealings.
• Leadership: Proven ability to lead and mentor a team, manage priorities, and meet deadlines.