Job Description – Accounts ManagerReal Estate / Construction
Location: Shimla, Himachal Pradesh
Department: Finance & Accounts
Designation: Accounts Manager
Industry: Real Estate / Construction / Infrastructure
Experience: Minimum 8–10 Years Overall Experience
Relevant Industry Experience: Minimum 5 Years with a reputed Real Estate / Construction company
Managerial Experience: Minimum 4 Years
Company Exposure: Experience working with a company having ₹500 Crore+ annual turnover is mandatory
Key Roles & Responsibilities1. RERA Accounting & Project Accounting
- Manage and maintain accurate project-wise accounting for Real Estate projects.
- Ensure compliance with applicable RERA financial and accounting requirements.
- Monitor and reconcile customer collections, project expenses, and fund utilization.
- Maintain proper records related to project-wise collections and expenditure.
- Coordinate with Chartered Accountants and auditors for RERA-related certifications and reporting.
- Support preparation and verification of RERA-related financial statements and documentation.
- Monitor designated project bank accounts and ensure proper financial controls.
- Reconcile project accounts, customer collections, expenses, and bank transactions.
- Identify discrepancies and ensure timely corrective action.
2. Financial Reporting & MIS
- Prepare accurate and timely Monthly MIS and Financial Reports for Management.
- Develop and maintain financial dashboards and management reports.
- Prepare project-wise financial performance reports.
- Conduct Budget vs Actual analysis and explain major variances.
- Prepare revenue, collections, receivables, payables, and expense reports.
- Prepare project cost analysis and profitability reports.
- Create detailed reports for senior management to support strategic decision-making.
- Analyse financial data and provide meaningful insights and recommendations.
- Ensure timely month-end and year-end financial reporting.
3. Revenue & Collections
- Monitor project-wise revenue and customer collections.
- Maintain accurate customer ledgers and track outstanding receivables.
- Prepare collection reports and receivables ageing reports.
- Coordinate with Sales and CRM teams to reconcile customer bookings and collections.
- Identify collection gaps and discrepancies.
- Monitor advances, customer payments, cancellations, refunds, and adjustments.
4. Budgeting & Financial Planning
- Support preparation of annual budgets and project-wise financial plans.
- Prepare periodic financial forecasts.
- Monitor budget utilization and project expenditure.
- Identify cost overruns and recommend corrective actions.
- Support management with financial planning and decision-making.
Team Management
- Lead and supervise the Accounts & Finance team.
- Allocate responsibilities and ensure timely completion of accounting activities.
- Review team performance and ensure accuracy in financial reporting.
- Coordinate with Project, Sales, CRM, Procurement, and Management teams.
- Provide financial guidance and support to internal stakeholders.
Required Qualifications
- B.Com / M.Com / MBA Finance from a recognized institution.
- CA Inter / CMA will be an added advantage.
- Minimum 8–10 years of overall experience in Finance & Accounts.
- Minimum 5 years of experience in Real Estate / Construction industry is mandatory.
- Minimum 4 years of experience in a managerial or team-handling role.
- Must have worked with a reputed Real Estate / Construction company having ₹500 Crore+ annual turnover.
- Strong hands-on experience in RERA Accounting and Project Accounting.
- Excellent experience in Financial Reporting, MIS and Management Reporting.
- Strong knowledge of GST, TDS, Income Tax and statutory compliance.
- Experience in budgeting, forecasting, cash flow, working capital, and cost analysis.
- Strong command of Advanced MS Excel including Pivot Tables, XLOOKUP/VLOOKUP, SUMIFS, dashboards, and financial analysis.
- Experience with ERP systems and Tally.
- Power BI/Tableau knowledge will be an added advantage.
Key Skills Required
- RERA Accounting
- Project Accounting
- Financial MIS & Reporting
- Management Reporting
- Budget vs Actual Analysis
- Revenue & Collection Reporting
- Receivables & Payables Management
- Cash Flow Management
- Budgeting & Forecasting
- Project Cost Analysis
- GST & TDS Compliance
- Audit & Internal Controls
- Advanced Excel & Dashboards
- ERP / Tally
- Team Management
Preferred Candidate Profile
- Candidates currently working as Accounts Manager / Finance Manager / Senior Manager – Accounts.
- Strong experience with reputed Real Estate Developers or Large Construction Companies.
- Mandatory exposure to companies with ₹500 Crore+ turnover.
- Strong knowledge of RERA accounting and project financial controls.
- Excellent ability to independently create MIS, financial reports, dashboards, and management presentations.
- Should be comfortable presenting financial data and insights to Senior Management / CFO / Directors.
- Strong analytical, leadership, and communication skills.
Important Requirement
Only candidates with relevant Real Estate / Construction experience should apply.
Candidates must have:
✔ Minimum 5 years of relevant industry experience
✔ Minimum 4 years of managerial experience
✔ Experience with a ₹500 Crore+ turnover company
✔ Strong RERA Accounting experience
✔ Excellent Financial Reporting & MIS creation skills
✔ Experience in Project Accounting and Management Reporting
Location: Shimla, Himachal Pradesh
Pay: ₹65,000.00 - ₹70,000.00 per month
Benefits:
Work Location: In person