Assistant General Manager - Accounts & Controls

Viceroy Properties; Mumbai; On-site; INR 3,000,000 - 4,600,000; Full time

Job summary

Viceroy Properties in Mumbai seeks an proactive Assistant General Manager – Accounts & Controls to oversee accounting, budgeting, regulatory compliance and accurate reporting within India's real estate sector.

You will lead the accounts team, ensure IND AS compliance, manage project-based accounting, and interact with auditors and tax authorities to maintain financial integrity. Experience in real estate finance and leadership is essential.

Qualifications

• Qualified CA with 8–10 years of relevant experience.
• Strong knowledge of GST, Ind AS, and real estate tax laws in India.
• Analytical rigor and ability to model project economics and cost control.

Responsibilities

• Oversee financial reporting and project-based accounting with IND AS compliance.
• Ensure regulatory compliance including GST, income tax, and real estate-specific laws.
• Lead the accounts team, mentor staff, and drive process improvements.

Skills

Financial modelling

Project costing

Variance analysis

Leadership

Communication

Education

Chartered Accountant (CA)

Job description

We are seeking a proactive, detail-oriented and ambitious Assistant General Manager - Accounts & Controls. This role involves overseeing all accounting and financial planning, budgeting, regulatory compliance, and accurate reporting, with a strong focus on compliance, tax laws, and project-based accounting. The ideal candidate brings a strategic mindset, exceptional analytical skills, and a commitment to financial accuracy and integrity within India’s fast-paced real estate sector. If you’re ready to make an impact, we want to hear from you!

As an Assistant General Manager – Accounts & Controls, your responsibilities include but are not limited to:

Financial Reporting and Project-Based Accounting

• Oversee accurate preparation and analysis of financial statements, with emphasis on compliance with IND AS
• Manage month-end and year-end closings, including reconciliations and project-specific financial summaries
• Develop detailed financial reports and dashboards to monitor project performance, cost management, and profitability

Regulatory Compliance

• Ensure compliance with local and national regulatory requirements, including, GST, Income Tax, and other real estate-specific laws
• Liaise with statutory auditors, internal auditors, and tax authorities, managing audits and inspections effectively
• Implement robust internal controls specific to real estate transactions, including land acquisition, project funding, and customer advances

Team Leadership and Development

• Lead the accounts team, setting clear goals, providing regular feedback, and fostering a collaborative environment
• Mentor and train team members on real estate accounting, project finance, and regulatory changes
• Foster a continuous improvement mindset, driving initiatives for process optimization and automation

Cash Flow and Project Budget Management

• Manage cash flow across multiple projects to ensure liquidity and efficient allocation of funds
• Develop and monitor project budgets, analyzing variances, and ensuring effective cost controls
• Coordinate with project teams to align cash flow forecasts with project milestones and client payment schedules
• Preparation of MIS as required by banks/lenders.

Stakeholder Communication

• Present financial insights to senior management and other stakeholders, focusing on project profitability, ROI, and risk
• Serve as a financial advisor for other departments, particularly for land acquisition, construction, and sales functions
• Act as the primary contact for banks, investors, and financial institutions regarding project financing, loans, and compliance matters

Strategic Financial Planning

• Contribute to the organization’s financial strategy, advising on investment opportunities, funding sources, and cost management initiativess
• Support HOD in making informed decisions by providing data-driven insights into financial and project performance

Core Requirements

• Real Estate Expertise: Strong knowledge of, GST, Ind AS, and real estate tax laws in India
• Analytical Skills: Skilled in financial modelling, project costing, and variance analysis
• Problem Solving: Proven ability to anticipate issues, manage risks, and respond proactively to resolve challenges
• Leadership: Proven ability to develop a high-performing team, focused on delivering accurate and timely financial results
• Communication: Proficient in presenting complex financial data in a clear, concise manner to senior management and stakeholders
• Attention to Detail: Rigorous attention to detail in managing accounts, project budgets, and financial reports
• Education & Experience: Qualified CA with over 8-10 years of relevant experience