Accounting Manager

Role & responsibilities

1. Role Overview

The Accounts Manager will oversee all financial and accounting operations of the project, ensuring accuracy in billing, receipts, vendor payments, project cost management, tax compliance, and financial reporting. The role demands strong financial discipline, real estate accounting experience, and the ability to support both management and CRM/Sales teams with timely financial data.

2. Key Responsibilities

A. Financial Accounting & Bookkeeping :

Maintain accurate books of accounts as per accounting standards.

Record day-to-day financial transactionssales, receipts, expenses, and payments.

Manage ledgers, journal entries, reconciliation, and financial statements.

B. Customer Billing & Receipts :

Generate demand letters and tax invoices as per payment schedules.

Track customer payments received (cheque, RTGS, NEFT, UPI, loan disbursements).

Issue receipts promptly and share updates with CRM & Sales teams.

Maintain customer outstanding reports and follow up on overdue payments.

C. Bank & Loan Coordination :

Handle banking transactions, deposits, reconciliations, and account statements.

Coordinate with banks for home loan disbursement requests.

Track pending disbursements and ensure documentation is complete.

D. Vendor & Contractor Payments :

Verify contractor running bills, measurement sheets, and approvals from the site team.

Maintain vendor ledgers and ensure timely payments as per project cash flow.

Evaluate discrepancies, hold disputed amounts, and release final settlements.

E. Taxation & Compliance:

Manage GST billing, GST returns, TDS deductions, and TDS returns.

Ensure compliance with all statutory requirements related to accounting.

Maintain records for audits, RERA requirements, and internal financial reviews.

F. Project Cost Monitoring :

Track block-wise, tower-wise, and activity-wise project expenditures.

Compare planned budget vs actual spending and highlight deviations.

Support management in preparing cash flow projections and monthly MIS.

G. Financial Reporting :

Prepare monthly, quarterly, and annual financial statements.

Generate MIS reports for sales, collections, expenses, profitability, and project status.

Present financial insights and recommendations to senior management.

H. Coordination with Internal Teams :

Work closely with CRM for receipts, customer invoicing, and NOCs.

Coordinate with the site team for contractor bill verification.

Support Sales with pricing sheets, revenue forecasts, and offer validations.

I. Audit & Documentation :

Maintain all financial documents, agreements, vouchers, and registers.

Assist external auditors with data, explanations, and reconciliations.

Ensure secure storage and confidentiality of financial records.

3. Preferred candidate profile :

Skills & Competencies Required :

Strong knowledge of accounting principles and real estate finance.

Expertise in Tally/ERP/accounting software.

Proficiency in Excel (VLOOKUP, Pivot Table, MIS preparation).

Excellent numerical accuracy, attention to detail, and documentation skills.

Ability to manage pressure, deadlines, and multi-tasking.

Strong ethical values and financial integrity.

4. Qualifications & Experience

B.Com / M.Com / MBA Finance / CA itern

2-4 years of experience in accounting Preferably in manufacturing company.

Experience in GST, TDS, invoicing, bank reconciliation, and vendor management is mandatory.

5. Reporting Structure

Reports to: Director

Coordinates with: Sales Team, CRM, Project Manager, Legal Team, Contractors, Bank Representatives

6. Key Performance Indicators (KPIs)

Accuracy in accounting entries and financial records

Timely preparation of invoices and receipts

Collection efficiency & management of outstanding amounts

On-time GST/TDS compliance

Accuracy in contractor bill verification

Quality and timeliness of MIS reports

Reduction in errors, disputes, and financial leakages

7. Ethical & Professional Expectations

Zero tolerance for financial mismanagement or irregularities.

Maintain confidentiality of customer and company financial data.

Transparent reporting and strict adherence to statutory norms.

Honest and responsible handling of cash, cheques, and sensitive documents.

Male candidates will be preferred