Account Manager

Job Summary:

Accounts Manager

Key Responsibilities:

• Financial Reporting & Analysis

• Prepare monthly, quarterly, and annual financial statements in compliance with applicable accounting standards.
  
• Perform variance analysis, cash flow analysis, and profitability tracking for real estate projects.
  
• Coordinate with internal and external auditors.
  

• Accounts Payable/Receivable

• Oversee billing, collections, vendor payments, and reconciliations.
  
• Manage lease accounting, rent collections, and tenant ledger tracking.
  

• Budgeting & Forecasting

• Assist in the preparation of annual budgets and financial forecasts for ongoing and upcoming real estate projects.
  
• Monitor budgetary controls and ensure adherence to financial plans.
  

• Taxation & Compliance

• Ensure timely filing of GST, TDS, and other statutory returns.
  
• Handle income tax assessments, audits, and ensure full compliance with regulatory frameworks (RERA, etc.).
  

• Project Accounting

• Maintain project-wise cost tracking and revenue recognition.
  
• Allocate project expenses accurately and ensure project profitability is monitored.
  

• Team Leadership

• Supervise and mentor the accounts team.
  
• Coordinate with cross-functional teams (Sales, Legal, Operations) for smooth financial operations.
  

• ERP & Systems Management

• Work with ERP/accounting software (e.g., Tally, SAP, QuickBooks, or real estate-specific systems like Buildium or Yardi).
  
• Ensure accurate and timely data entry, reporting, and document management.
  

Qualifications:

• Bachelors or Master’s degree in Accounting, Finance, or related field.
  
• Chartered Accountant (CA), Cost Accountant (CMA), or CPA preferred.
  
• Minimum 5 years of experience in accounting, with at least 2 years in the real estate sector.
  

Skills Required:

• Strong knowledge of real estate accounting principles and RERA guidelines.
  
• Excellent analytical and financial reporting skills.
  
• Attention to detail with a high degree of accuracy.
  
• Proficient in MS Excel and accounting software.
  
• Strong communication and team management skills.
  
• Ability to work under pressure and meet deadlines.
  

Preferred Experience:

• Experience in residential or commercial real estate projects.
  
• Familiarity with property tax, lease administration, and escrow processes.
  
• Hands-on experience with cost management and fund flow planning for real estate projects.