Assistant General Manager Finance

We are seeking a seasoned Account & Finance Professional for a leading Real Estate/Construction Company.

Position

Location

Budget

Mandatory experience in Real estate industry

Qualifications

• Qualified CA/ICWA/MBA- Finance with 10 - 15yrs of total work experience in Construction/ Contracting industry.
• Worked for 3-4 Years in a leadership role in a mid-sized / large Construction/Contracting company into Finance & Accounting function.

Responsibilities

• Accounts and Audit:

• Manage the Financial operations of the Organisation, ensuring compliance with accounting principles & regulatory requirements.
• Finalization of accounts, divisional & branch accounting & Consolidation of Financials.
• Resolving the queries raised by statutory auditors, internal auditors etc. & getting the audits completed.
• Stores/ Materials accounting.
• Tax audit details preparation & getting the same completed.
• Knowledge of Accounting Standards and their implementation.
• Preparing the Annual report MIS:
• Preparing Company wise & Project wise Profitability.
• Preparing Debtors & Creditors Ageing report.
• Preparing Debt Status report.
• Preparing Site wise Working Capital Requirement.
• Calculation of WIP & COS on the basis of percentage work completion.
• Prepare accurate & timely financial reports, including monthly, quarterly & annual financial statements for the senior management.

• Budgeting:

• Building necessary base for annual budget preparation.
• Monitoring the Budgets along with the actuals.
• Analysing the Budget vs Actuals.
• Margin & Profitability Analysis.
• Perform financial analysis, identify trends & provide insights to support strategic decision making.

• Taxation:

• Oversee Filing of returns and attending tax authorities for assessments and appeals.
• Ensuring Timely filing of returns.
• Getting the GST Audit completed.
• Oversee Personal taxation – employees.
• Collaborate with external auditors, tax advisors & legal counsel to ensure compliance with audit & tax.

• Finance:

• Preparation and submission of applications/Proposals to various Bankers/Financial Institutions for arranging loans for financial assistance in form of Working Capital Finance (Fund based & Non Fund Based), Term Loans, Short Term Deposits and timely follow up for necessary sanctions, documentations and disbursements.
• Renewal of Existing Loans & line of Credit.
• Preparing reports required by rating agencies & getting the ratings done from the credit rating agencies.
• Completing the Compliances required by the Bankers.
• Surplus Fund Management in terms of placement of inter-corporate deposits to Corporate.
• Preparing the Business Plan.

• Banking & Working Capital/Fund Management:

• Preparation of QIS/FFR & Calculation of drawing power.
• Preparation of CMA.
• Bill Discounting and L/C backed Bill discounting at competitive interest rates.
• Arranging Letters of Credit and Bank Guarantee.
• Arranging Suppliers' Credit and Buyers' Credit.
• Placement of commercial papers.
• Liaising with Senior Officials of Banks, Financial Institutions, Finance Companies, Mutual Funds, etc.
• Managing Vendor Payments & Receivables & ensuring accurate & timely process of transactions.
• Implement & maintain strong internal controls & financial procedures to safeguard company assets, Credit Control & ensure compliance.

• Corporate Planning and System:

• Involved in corporate planning during organizational & Capital restructuring at all levels.
• Involved in formulation of various systems, policies, procedures, commensurate with the need of the company.
• Involved in Financial projections of collaborations / joint ventures envisaged.
• Experience in issue of IPO will be an added advantage.
• Experience in Secretarial work (CS) will be an added advantage.

Apply : Share resume at bhakti@makoto.co.in or 7039492389