Company Name - Riyasat Infra Developers Pvt Ltd
Company Website - www.riyasatinfra.com
Services - Real Estate Developers into Residential Plotting & Commercial Plotting Infrastructure township Projects
Company Turnover - 1200 CR
Head Office - Jaipur
Branch - Panvel
Job Profile - Accounts Manager
Qualification - Qualified CA
Job Location - Panvel , Navi Mumbai
Exp Required - Min 1.5 to 3 Years Post Qualification exp as CA
CTC Budget - 6.5 to 8.5 Lacs CTC
Other Benefits - Mediclaim , Accidental Insurance , PF, Bonus
Working Days - 6 Days working (2nd & 4th Saturday Off)
Working Time - 9.30 AM to 6 PM
Role & responsibilities :
To manage and oversee the company's accounting, financial reporting, taxation, statutory compliance, project-wise financial control and audit activities. The role involves ensuring accurate financial records, effective cost management, regulatory compliance and timely financial reporting for all real estate development projects.
A. Accounting & Financial Reporting
- Oversee day-to-day accounting operations and ensure accurate recording of all financial transactions.
- Review general ledgers, trial balances, journal entries and reconciliations.
- Prepare monthly, quarterly and annual financial statements.
- Ensure proper maintenance of books of accounts in accordance with applicable accounting standards.
- Monitor accounts payable, accounts receivable, advances and outstanding balances.
B. Project-Wise Accounting & Cost Control
- Maintain and review project-wise accounting for all ongoing real estate and township development projects.
- Monitor land acquisition costs, development expenses, infrastructure costs, consultant fees and other project-related expenditure.
- Prepare project-wise profitability statements and cost analysis reports.
- Compare actual expenditure against approved budgets and identify cost variances.
- Coordinate with the Projects, Sales, CRM and Legal departments for accurate financial records and cost allocation.
C. Taxation & Statutory Compliance
- Ensure timely preparation and filing of GST returns, TDS returns and income tax-related compliances.
- Review GST input tax credit (ITC), vendor reconciliations and tax ledgers.
- Ensure appropriate tax deductions, payments and reconciliations.
- Monitor applicable statutory due dates and maintain supporting documentation.
- Coordinate with tax consultants and authorities for notices, assessments and other compliance matters.
D. Budgeting, Cash Flow & Fund Management
- Prepare annual budgets and periodic financial forecasts.
- Monitor cash flow, fund requirements, bank balances and project-wise expenditure.
- Review payment proposals and verify supporting documents before approval.
- Prepare budget-versus-actual reports and highlight financial risks to management.
E. Real Estate-Specific Financial Activities
- Maintain financial records relating to land purchases, landowner payments, advances, stamp duty and registration expenses.
- Monitor customer collections, booking advances, cancellations, refunds and outstanding receivables in coordination with the Sales and CRM teams.
- Support project-wise financial reporting and compliance with applicable RERA requirements.
- Reconcile project-related bank accounts and designated accounts, wherever applicable.
- Review revenue recognition and project cost accounting in accordance with applicable accounting standards and regulatory requirements.
F. MIS & Management Reporting
- Prepare monthly financial MIS and management reports.
- Submit project-wise profit and loss statements, cash flow reports and expense analysis.
- Highlight cost overruns, collection delays, outstanding liabilities and other financial concerns.
- Provide financial data and analysis to management for business planning and decision-making.
G. Team Management & Coordination
- Supervise and guide the accounts team in daily accounting and compliance activities.
- Review the accuracy and completeness of accounting entries and financial records.
- Coordinate with internal departments, external auditors, banks, consultants and statutory authorities.
- Ensure adherence to company policies, financial procedures and approval hierarchies.
Pay: ₹70,000.00 - ₹85,000.00 per month
Benefits:
Work Location: In person
