General Manager - Group Accounting - Real Estate - CA

General Manager - Finance & Accounting (Group)
Reporting To : Managing Director
(Functional coordination with Business Heads - PMC, Real Estate, Group Services)
Role Purpose :
To own, standardise, and strengthen group-wide finance, accounting, compliance, and financial governance across operating companies, with special focus on project-based accounting, cash flow discipline, statutory compliance, and real estate financial structuring.
Key Responsibilities :
1. Group Finance & Accounting Leadership :
- Lead end-to-end finance and accounts for all group companies (PMC, real estate SPVs, support entities).
- Ensure uniform accounting policies, chart of accounts, and MIS formats across the group.
- Supervise accounting teams; define roles, controls, and escalation mechanisms.
- Drive monthly, quarterly, and annual closure discipline.
2. Financial Planning, Budgeting & Control :
- Prepare annual budgets, project budgets, and rolling forecasts for:
PMC operations :
- Real estate projects (land cost, construction cost, sales, cash flow)
- Monitor budget vs actuals, cost overruns, and margin deviations.
- Implement cost control systems for :
- Project overheads
- Corporate overheads
- Site expenses
3. Project & Real Estate Finance :
- Establish project-wise accounting for PMC and real estate developments.
Track :
- WIP, unbilled revenue, milestone billing
- Construction cost capitalization
- Inventory, land cost, development rights
- Manage real estate cash flows, escrow accounts, and RERA- linked reporting.
- Support feasibility studies, IRR calculations, and project viability analysis.
4. Cash Flow & Treasury Management
- Own group cash flow planning and liquidity management.
Ensure timely:
- Client billing and collections

- Vendor and contractor payments
- Optimise working capital cycles.
Manage banking relationships :

- OD/CC limits
- Project loans
- BGs, LCs, performance guarantees
5. Statutory Compliance & Governance
Ensure compliance with:
- Income Tax, GST, TDS
- Companies Act
- RERA (for real estate wing)

Coordinate audits:
- Statutory audit
- Tax audit
- Internal audit
- Manage assessments, notices, and litigation support.
- Maintain strong internal controls and documentation standards.
6. MIS, Reporting & Decision Support
- Develop management dashboards for leadership:
- Project profitability
- Cash position
- Receivables & payables ageing
- Cost trends
- Present actionable insights, not just numbers.
Support leadership in:
- Tender pricing inputs
- Contract risk assessment
- Investment decisions
7. Systems & Process Improvement
- Strengthen ERP / accounting systems (Tally, SAP, Oracle, or equivalent).

Standardise :
- Approval matrices
- Delegation of authority
- Financial SOPs
- Reduce dependency on individuals; build process-led finance function.
8. Team Building & Capability Development
- Mentor finance managers and accounts leads.
- Improve commercial understanding of finance team for project environments.
- Act as a finance steward, not just a controller.
Authority & Accountability:
Final authority on :
- Group accounts & financial reporting
- Statutory compliance sign-offs
- Budget controls
Advisory authority on :
- Project financial structuring
- Risk and investment decisions
Qualification
- CA (Preferred)
- MBA Finance (preferred)
Experience :
- 12-15 years overall experience
Strong exposure to:
- Project-based organizations (construction / PMC / infrastructure)
- Real estate finance and accounting
- Experience handling multiple legal entities.
Key Competencies :
- Deep accounting and compliance knowledge
- Strong commercial and project finance orientation
- Leadership maturity and stakeholder management

- Ability to work with young operational teams and senior leadership