Senior Accountant

Company Description Vardhman Group is a renowned name in the real estate industry, known for luxury living and engineering sophistication. Over the past four decades, the Group has grown exponentially and established its signature structures across Mumbai. Vardhman Group is committed to customer satisfaction and delivering value for money. The Group comprises several companies, including Vardhman Developers Limited, Vardhman Concrete Ltd., Vardhman Entertainment & Hospitality Pvt. Ltd., and Vardhman Multicuisines Pvt. Ltd. Role Description This is an on-site, full-time role for a Senior Accountant located in Mumbai. The Senior Accountant will be responsible for managing financial statements, ensuring compliance with accounting standards, conducting audits, and preparing tax returns. Day-to-day tasks include overseeing accounts payable and receivable, reconciling accounts, preparing financial reports, and assisting with budget preparation and financial forecasting. The Senior Accountant will also ensure timely and accurate financial closings. 1. Financial Accounting & Reporting Ensure timely and accurate bookkeeping as per applicable accounting standards (IND AS).Finalize monthly, quarterly, and annual financial statements.Supervise reconciliation of ledgers, bank accounts, vendor/customer balances, and inter-company transactions. 2. Taxation (Direct & Indirect) Ensure accurate computation, filing, and payment of all tax liabilities: GST – monthly returns, reconciliations, and audits.TDS – deduction, challan payments, quarterly returns, and Form 16/16A issuance.Income Tax – advance tax, return filing, and assessments. Handle tax audits, income tax scrutiny, and other proceedings with consultants. 3. Compliance & Regulatory Reporting Ensure compliance with:Companies Act (filings with ROC),RERA (accounts reporting),Income Tax,GST & other applicable laws.Timely submission of statutory returns, financial data, and declarations. 4. Audit Management Liaise with internal and statutory auditors for audit planning, execution, and closure.Prepare necessary schedules and respond to audit observations.Implement audit recommendations and maintain clean audit reports. 5. Budgeting & Expense Monitoring Work with management to develop project-wise and department-wise budgets.Track expenses against budgets; highlight variances with corrective actions. 6. Internal Controls & Process Improvement Establish and monitor internal controls for cash, bank, vendor payments, and revenue recognition.Automate processes (where possible) using accounting software like Tally Prime, Zoho Books, or SAP. 7. Vendor Payments & Receivables Oversee vendor invoicing, validation, approvals, and timely payments.Coordinate with Sales & CRM teams for receivable collection tracking.Ensure credit policies and payment cycles are adhered to. 8. Cash Flow & Fund Management Monitor daily cash flow, fund inflows/outflows.Plan fund requirements for project expenses, taxes, and vendor payments in advance.Coordinate with banks for loan drawdowns, interest payments, and fund allocations. 9. Team Leadership & Coordination Lead and train the accounts and tax team.Allocate responsibilities, ensure timely execution of tasks.Coordinate with other HODs (Sales, Projects, Purchase, Legal) for aligned functioning. Qualifications Proficiency in financial accounting, management accounting, and financial reporting Strong skills in conducting audits and compliance with accounting standards Experience with tax preparation and returns Hands-on experience with accounts payable and receivable Proficient in financial software and ERP systems Excellent analytical, organizational, and time management skills Bachelor's degree in Accounting, Finance, or a related field Certified Public Accountant (CPA) or equivalent certification is a plus Minimum of 5 years of experience in a similar role Show more Show less