AM -Accounts & Finance

Designation

Assistant

Function(s)

Finance

Reporting

Finance Controller

Start

ASAP

Location

VR Punjab

Remuneration

Highly

About VR South Asia:

Sponsored by The Xander Group, VR South Asia (VR) is a leading integrated urban development and operating platform that designs, develops, owns and operates community-oriented lifestyle centers across India. VR's current portfolio comprises more than 14 million sqft. spread across six operational flagship centres - VR Chennai, VR Bengaluru, VR Punjab, VR Nagpur, VR Surat and VR Ambarsar, and two gateway projects under development in Delhi and Mumbai.

Over the last 17 years, VR has redefined the spatial retail experience for consumers by delivering innovative centres that seamlessly integrate shopping, hospitality, food & beverage, flexible working and living, and leisure and entertainment. These award-winning lifestyle centres are designed and operated by VR as social hubs that are ‘Connecting Communities©’, generating thousands of new jobs and contributing significantly to regional economies, while celebrating local culture and heritage, and enhancing the overall brand image of the host city.

About the Opportunity:

Besides an attractive remuneration package, working for VRSA gives you the opportunity to join a high-

Core Responsibilities:

Accounts Receivable, Accounts Payable and Purchase

• Oversee

  timely

  raising

  of

  the vendor

  invoices (receivables),

  collection

  and

  revenue

  reconciliation

  reports;

• Make

  necessary

  recommendations

  to

  improve

  quality

  of

  invoicing,

  time

  lag

  and

  collection

  procedures;

• Prepare

  weekly

  &

  monthly

  MIS

  for

  controlling

  of

  debtors

  &

  expenses,

  prepare

  debtors

  ageing

  &

  follow-up

  for

  payments;

• Prepare

  reports

  and

  analyzes

  trends

  in

  cash

  collection,

  and

  direct

  bill

  revenue;

• Ascertaining

  the

  fund

  requirements

  after

  careful

  analysis

  of

  budget

  and

  plans;

  defining

  disbursement

  plan

  based on functional

  requirements;

• Oversee

  proper accounting entries

  /

  posting

  are

  passed

  in

  the

  ERP

  (Yardi);

• Oversee reconciliation of

  bank,

  debtors & creditors,

  handling

  of the staff

  imprest

  and advance

  payments;

• Oversee

  GV

  purchase

  and

  inventory,

  ensure

  all

  purchases

  are

  as

  per

  SOP

Statutory Compliance and Audit Management

• Managing

  timely

  preparation

  and

  presentation

  of

  statutory

  books

  of

  accounts

  ensuring

  conformance

  to regulatory

  accounting standards;

• Maintenance

  of

  statutory

  books

  of

  accounts

  in

  compliant

  with

  Indian

  and

  IndAS

  in

  compliance

  with

  all

  local and VR Corporate

  accounting

  requirements;

• Ensuring timely filing of returns such as TDS, GST, Income Tax and Professional Tax as per the

  relevant acts & interfacing with Tax Auditors and regulatory authorities for assessments and

  remittances;

• Track and manage ongoing direct & indirect tax assessments in co-ordination with local tax

  consultants;

• Keeping track of all applicable statutory registration and ensure timely renewal of the same

  wherever

  applicable;

• Ensure

  timely

  submission

  of

  the

  essential reports

  to

  the

  Bankers;

• Manage

  internal

  &

  external

  audits

  –

  Statutory

  audits,

  IndAS

  audits

  and

  Tax

  audits;

• Oversee

  Asset

  management;

• Oversee

  general

  insurance

  management

  for

  the

  shopping

  center;

• Ensure timely resolution to the red flags raised in the audits and necessary reporting to the

  management;

Financial Reporting

• Ensure

  monthly

  closing

  of

  the

  financial

  records

  and

  necessary

  reporting;

• Managing timely preparation and presentation of financial statements, annual reports and ensure

  conformance

  to

  regulatory

  accounting

  standards;

• Present

  periodic

  financial

  statements

  through

  Balance

  Sheet

  account

  & P&L

  account

  review

  and

  reconciliation

  to

  identify

  and

  manage

  risks;

• Reports

  -

  Debtors

  report, CAPEX,

  OPEX,

  Asset

  management,

  Quarterly

  Reports, etc.;

Qualification and Experience required

• Inter CA

  /

  Bachelor

  Degree

  &

  Master

  Degree

  in

  Commerce.

  (Inter

  CA

  /B.

  Com

  &

  M.

  Com/MBA

  in

  finance),with 5-8 years

  relevant

  experience.

Preferred Qualities and Skills

• Leadership skills

• Problem Solving

  Skills

• Attention

  to

  details

• Integrity,

  strong

  work ethic,

  intense

  drive,

  and

  initiative

  for

  quality.

• Excellent written

  and

  oral

  communication

  skills.

• Good

  interpersonal

  skill

VRSA is an equal opportunity employer. All aspects of employment, including decisions to hire,

Preferred candidate profile