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