Job Title : AM - Accounts & Finance Location : Mohali Experience : 5-8 years 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 an attractive remuneration package, working for VRSA gives you the opportunity to join a high- growth platform that is leading the transformation of Indias urban built environment. In this role, you will be responsible for conceptualizing and overseeing execution of offline and online marketing activities / events, promotions and commercialization, ensure VR brand visibility, footfall management and achieving marketing revenue targets at the centre. 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, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs. We celebrate diversity and do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, medical condition, pregnancy, gender, sexual orientation or gender identity.Role & responsibilities (ref:iimjobs.com)