Assistant General Manager - Accounts & Controls

Job Details

We are seeking a proactive, detail-oriented and ambitious Assistant General Manager - Accounts & Controls. This role involves overseeing all accounting and financial planning, budgeting, regulatory compliance, and accurate reporting, with a strong focus on compliance, tax laws, and project-based accounting. The ideal candidate brings a strategic mindset, exceptional analytical skills, and a commitment to financial accuracy and integrity within India’s fast-paced real estate sector.

If you’re ready to make an impact, we want to hear from you!

As an Assistant General Manager – Accounts & Controls, your responsibilities include but are not limited to:
Financial Reporting and Project-Based Accounting
Oversee accurate preparation and analysis of financial statements, with emphasis on compliance with IND AS
Manage month-end and year-end closings, including reconciliations and project-specific financial summaries
Develop detailed financial reports and dashboards to monitor project performance, cost management, and profitability
Regulatory Compliance
Ensure compliance with local and national regulatory requirements, including, GST, Income Tax, and other real estate-specific laws
Liaise with statutory auditors, internal auditors, and tax authorities, managing audits and inspections effectively
Implement robust internal controls specific to real estate transactions, including land acquisition, project funding, and customer advances
Team Leadership and Development
Lead the accounts team, setting clear goals, providing regular feedback, and fostering a collaborative environment
Mentor and train team members on real estate accounting, project finance, and regulatory changes
Foster a continuous improvement mindset, driving initiatives for process optimization and automation
Cash Flow and Project Budget Management
Manage cash flow across multiple projects to ensure liquidity and efficient allocation of funds
Develop and monitor project budgets, analyzing variances, and ensuring effective cost controls
Coordinate with project teams to align cash flow forecasts with project milestones and client payment schedules
Preparation of MIS as required by banks/lenders.
Stakeholder Communication
Present financial insights to senior management and other stakeholders, focusing on project profitability, ROI, and risk
Serve as a financial advisor for other departments, particularly for land acquisition, construction, and sales functions
Act as the primary contact for banks, investors, and financial institutions regarding project financing, loans, and compliance matters
Strategic Financial Planning
Contribute to the organization’s financial strategy, advising on investment opportunities, funding sources, and cost management initiativess
Support HOD in making informed decisions by providing data-driven insights into financial and project performance

Core Requirements
Real Estate Expertise:
Strong knowledge of, GST, Ind AS, and real estate tax laws in India
Analytical

Skills:

Skilled in financial modelling, project costing, and variance analysis
Problem Solving:
Proven ability to anticipate issues, manage risks, and respond proactively to resolve challenges
Leadership:
Proven ability to develop a high-performing team, focused on delivering accurate and timely financial results
Communication:
Proficient in presenting complex financial data in a clear, concise manner to senior management and stakeholders
Attention to Detail:
Rigorous attention to detail in managing accounts, project budgets, and financial reports

Education & Experience:

Qualified CA with over 8-10 years of relevant experience