Accounts Manager

Company:

Role Overview

The Accounts Manager will handle the complete accounting function of the company, including daily transactions, banking, bill payments, GST/TDS compliance, financial reporting, and coordination with auditors. The role requires strong knowledge of real estate transaction flow, collections, and monthly closing.

Key Responsibilities

1. Accounting & Bookkeeping

• Maintain day-to-day accounting entries in Tally/ERP.
  
• Handle accounts receivable and accounts payable.
  
• Verify invoices, bills, and purchase orders.
  
• Ensure proper documentation of all financial transactions.
  
• Maintain ledger accuracy and track outstanding balances.
  

2. Banking & Collections

• Manage banking operations, cheque deposits, online payments, and reconciliations.
  
• Coordinate with banks for account-related issues.
  
• Monitor client payments and follow up for collections.
  
• Track receivables for booked properties and ensure timely recovery.
  

3. Bill Payments & Vendor Management

• Process vendor invoices and ensure timely bill payments.
  
• Maintain vendor records and resolve payment queries.
  
• Verify and validate expense claims from departments.
  

4. GST, TDS & Statutory Compliance

• Prepare GST workings, monthly returns and reconciliation.
  
• Handle TDS deductions, payments & quarterly returns.
  
• Ensure all statutory payments are done on time.
  
• Maintain compliance records for audits.
  

5. MIS & Financial Reporting

• Prepare daily, weekly, and monthly MIS reports.
  
• Track revenue, expenses, outstanding, and collections.
  
• Provide financial data to management for decision-making.
  
• Monitor project-wise profitability (if applicable).
  

6. Audit & Finalisation

• Coordinate with internal and statutory auditors.
  
• Prepare schedules and documents for annual audit.
  
• Assist in finalizing books of accounts.
  
• Support in preparation of Balance Sheet & P&L.
  

7. Month-End Closing

• Perform month-end reconciliations for bank, debtors, creditors, GST, TDS, and expenses.
  
• Update provisions, accruals, and adjustments.
  
• Ensure timely financial closing.
  

8. Other Responsibilities

• Maintain internal controls and strengthen accounting processes.
  
• Support management with ad-hoc reports.
  
• Ensure confidentiality and accuracy of financial data.
  

Required Skills & Qualifications

• B.Com / M.Com / MBA (Finance) or equivalent.
  
• 4–8 years of experience in accounting (real estate experience preferred).
  
• Strong knowledge of GST, TDS, taxation, and compliance.
  
• Proficiency in Tally ERP, Excel, and financial reporting.
  
• Good communication and coordination skills.
  
• Ability to handle workload and meet deadlines.
  

Preferred Experience

• Experience in real estate accounting (builder, broker, or channel partner).
  
• Understanding of client payment plans, brokerage entries, commission payouts, etc.
  
• Handling audits and finalization in a growing organization.