AM/ Manager- F&A

Role & responsibilities

. Real Estate Project Financial Management: • Handle project-specific accounting for various stages of real estate development, including land acquisition, pre-construction, construction, and post-construction phases.

• Cost monitoring and control: Track project budgets, update actual vs. budget analysis, and report cost overruns or savings. • Manage project-wise work-in-progress (WIP) accounting and revenue recognition in accordance.

• Support with fund disbursement plans.

• Work closely with banks and financial institutions to secure project financing and construction loans.

• Monitor financing arrangements, ensuring timely availability of funds to support ongoing real estate developments. • Negotiate loan terms, mortgage options, and refinancing plans to optimize project funding.

2. Financial Reporting & Compliance: • Prepare and present monthly, quarterly, and annual financial statements, ensuring full compliance with local accounting standards and regulatory requirements.

• Ensure all real estate transactions (sales, leases, property transfers) are recorded accurately and consistently in line with relevant accounting standards, such as IFRS 16 (Leases).

• Preparing & maintain financial statements, including balance sheets, income statements, and cash flow statements. • Preparation of internal and external audits by providing documentation and explanations as required.

• Coordinating all aspects of the company's tax planning and compliance activities.

• Prepare tax returns, including corporate income tax returns and individual income tax returns.

• Reconcile financial data, such as bank statements and accounts payable/receivable.

• Provide general administrative support to the management & tax consultants & compile data for IT Assessments.

• Up-to-date on compliance related matters & addressed matters accordingly.

3. Budgeting & Forecasting: • Provide regular cash flow forecasts for real estate projects, aligning them with ongoing construction and sales timelines.

4. Technical Skills: • Strong expertise in financial modeling and forecasting. • Advanced Excel skills (e.g., pivot tables, financial analysis).

5. Analytical Skills: Excellent analytical skills & maintain MIS record, with the ability to evaluate complex real estate projects and provide actionable insights to management.

6. Communication Skills: Effective communicator, able to present financial data clearly to both finance and non-finance stakeholders.

7. Leadership: Ability to manage and mentor junior finance team members and work collaboratively across departments.