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Assistant Manager – Accounts (Finance & Accounts)/ 0 days ago

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Job Preference:

Qualification & Experience

Qualification:

• B.Com / M.Com

• CA Inter / CMA Inter preferred

Experience:

• 4–7 years in Accounts & Finance

• Preferably 2–3+ years in Real Estate / Construction / Infrastructure

Software:

• Tally Prime / SAP / ERP

• Advanced MS Excel

• Power BI would be an advantage

7. Technical Competencies

Accounting | GST | TDS | Project Accounting | MIS | Budgeting | Cost Control | Reconciliation | Audit | Cash Flow | Excel | ERP

8. Reporting Structure

Reports To: Manager / Senior Manager – Accounts & Finance / Finance Controller

Team Supervised:

Accounts Executive / Accounts Assistant / Junior Accountant

9. Suggested Salary Grade

Designation: Assistant Manager – Accounts

Grade: AM-Accounts

Experience: 4–7 years

Nature: Individual Contributor + Team Supervision

Industry: Real Estate / Construction

Core objective: “Accurate books + strong project cost control + timely compliance + meaningful MIS for management decision-making.”

Qualification:

Job Description:

To manage and supervise day-to-day accounting activities, project-wise accounting, financial reporting, vendor/customer reconciliations, statutory compliance, cash-flow monitoring, and audit requirements while ensuring accuracy and timely closure of accounts.

Key Responsibilities / KRAs

Area Key Responsibilities

General Accounting Supervise accounting entries, journal vouchers, provisions, accruals, expenses, receipts and payments

Project Accounting Maintain project-wise cost records, construction expenses, development costs, land-related costs and project budgets

Vendor Accounting Review vendor/contractor invoices, ledger reconciliation, ageing and payment schedules

Customer Accounting Monitor customer ledgers, receipts, outstanding, adjustments and reconciliation with sales/CRM records

Bank & Cash Review bank reconciliation, cash transactions and unidentified/mismatched entries

GST GST reconciliation, ITC verification, invoice compliance and coordination for GST returns

TDS TDS calculation, deduction, reconciliation, payment and return-related support

MIS Prepare project-wise P&L, expense MIS, ageing, cash-flow and management reports

Budget Control Compare project budget vs. actual expenditure and highlight major variances

Month-End Closing Provisions, accruals, depreciation, reconciliations and monthly books closure

Audit Coordinate statutory/internal audits and provide schedules, ledgers and supporting documents

Compliance Ensure accounting records and statutory documentation are maintained properly

Team Management Supervise Accounts Executives/Assistants and review their work for accuracy and timelines

3. Real Estate-Specific Responsibilities

The Assistant Manager should have good understanding of:

• Project-wise accounting

• Land acquisition and development expenses

• Construction/project expenses

• Contractor and subcontractor accounting

• Customer booking and collection accounting

• Advances from customers/vendors

• Project cost allocation

• Budget vs. actual project cost

• Work-in-progress / project inventory accounting

• Revenue and cost recognition as applicable

• RERA-related financial information and documentation

• Project-wise profitability analysis

• Inter-project/inter-company transactions

4. Key MIS Reports

The position should be responsible for preparing/reviewing:

1. Project-wise Expense MIS

2. Project Budget vs. Actual

3. Vendor Ageing

4. Customer Outstanding

5. Collection & Receipt MIS

6. Payment Schedule

7. Bank Reconciliation Statement

8. GST Reconciliation

9. TDS Reconciliation

10.Balance Sheet preparation & finalization.

11.Project Cost Sheet

12.Cash Flow Statement

13.Monthly P&L / Trial Balance

14.Advances & Deposits Statement

15.Payables & Receivables MIS

Skills:

KPIs

KPI Target / Measurement

Accounting Accuracy High accuracy with minimum errors

Month-End Closing Closure within defined timeline

Bank Reconciliation 100% timely reconciliation

Vendor Reconciliation Timely resolution of differences

GST/TDS Timely & accurate compliance

Project Cost Reporting Accurate project-wise reporting

MIS Timely submission to management

Budget Control Timely identification of cost overruns

Audit Timely closure of audit queries

Team Productivity Timely completion and review of team activities