Assistant Manager - Project Taxation

Godrej Industries Group; Bengaluru; On-site; INR 800,000 - 1,400,000; Full time

Benefits offered by this job

Health insurance

Flexible work options

Paid leave

Job summary

Godrej Industries Group is seeking a CA with 2–4 years of experience to manage MIS reporting and financial processes for multiple projects. You will prepare monthly close, financial statements, and project MIS while coordinating with vendors, banks, and HO for timely, accurate entries.

Expertise in SAP and GST is preferred. The role involves close interaction with regional teams and adherence to company accounting guidelines, with a focus on accuracy and timeliness in Books of Accounts and

Qualifications

• CA with 2–4 years experience in real estate or Big 4 audits.
• Proficient in MIS reporting, financial analysis, and SAP-enabled processes.
• Knowledge of GST/Taxation and accounting standards.

Responsibilities

• MIS and Financial Reporting across projects with revenue, expense, cash flow, and billing.
• Consolidates monthly/quarterly updates of various projects and prepares financial statements and monthly close.
• Prepares MIS reports for the region and project-level updates; handles bank reconciliations and treasury activities.
• Resolves vendor payments and ensures adherence to statutory compliances and internal controls.

Skills

MIS Reporting

Analytical skills

Education

CA

Tools

SAP

MS Office

Accounting software

Job description

About Godrej Industries Group (GIG)

At the Godrej Industries Group, we are privileged to serve over 1.1 billion consumers globally through our businesses with market leadership positions in the consumer products, real estate, agriculture, financial services, and chemicals industries.

Job Requirements

About Godrej Industries Group (GIG)

At the Godrej Industries Group, we are privileged to serve over 1.1 billion consumers globally through our businesses with market leadership positions in the consumer products, real estate, agriculture, financial services, and chemicals industries.

Website: www.godrejindustries.com

About Godrej Properties Limited (GPL)

Godrej Properties brings the Godrej Group philosophy of innovation, sustainability, and excellence to the real estate industry. Each Godrej Properties development combines the over 125-year legacy of excellence and trust with a commitment to cutting-edge design, technology, and sustainability.

Website: www.godrejproperties.com

Role Responsibilities

Responsibility Area

Key Activities

Indicative Performance Measures

Financial/ Strategy

• MIS and Financial Reporting
• Consolidates monthly/quarterly updates of various projects on revenue, expense, outstanding, cash flow, billing
• Prepares financial statements, monthly closing and cost accounting reports
• Prepares MIS report for the region on a weekly , quarterly and monthly basis
• Prepares project MIS to be sent to JV partner at defined frequency
• Accuracy and timeliness

Operational / Customer

• Bill payments
• Verifies bills received from Contracts/ vendors/ suppliers w.r.t signed agreements, statutory compliances etc
• Coordinates with respective departments/vendor/supplier/consultants for clarifications if any
• Follows up for approval of payments with HO team for payouts beyond Rs 10 lakhs (specified limit)
• Prepares cheques for payout process
• Authorizes payment basis availability of funds in allocated account
• Schedules payments of bills- electricity, rent , contract bills etc
• Arranges for fund transfer to JV partner(s) according to the agreement
• TAT
• Adherence to agreement, taxation laws and authority matrix
• Accounts Maintenance
• Compiles financial information to prepare entries to accounts, such as general ledger accounts, bank reconciliation
• Makes timely entries to ensure real time updation of Books of accounts on SAP, accuracy and right booking
• Books billing/payments/ revenue / profit and project completion according to company codes
• Consolidates region accounts and completes Quarterly / half yearly/ annual book closing activities
• Ensures adherence to accounting guidelines
• Studies upcoming JV agreements for transferring entries to existing books
• Accuracy and timeliness
• Updated books of accounts
• Banking transactions
• Monitors bank accounts and coordinates with banks for status of allocated fund from HO , transfer of funds and collections
• Provides inputs on fund status and additional fund requirements to HO
• Completes bank reconciliation activities on time
• Resolves loan related issues with banks
• Accuracy and timeliness
• Treasury
• Monitors allocated fund from Corporate.
• Manages allocated fund to projects, interests charged, remission etc.
• Timely Availability of funds
• Collection
• Monitors and updates customer collection status
• Addresses and resolves financial/ collection related queries by customer
• Resolves loan related issues with banks
• Accuracy and timeliness
• Tax Payment
• Ensures GST Tax payments as applicable for Bangalore and Chennai/ deductions on land and labour component
• Verifies deduction of service tax from customer and vendor payments
• Prepares details of Work Contract tax (WCT) to HO for DD preparation
• Ensures timely filling of Service tax / WCT payments through consultants
• Timely and accurate filing of tax returns
• Audit
• Interacts with internal and external auditors for documentation submission requirements
• Clarifies queries raised by auditors
• Effective handling of audit queries

Responsibility Area

Key Activities

Indicative Performance Measures

• Administration
• Vendor accounts, Stationery purchase, courier empanelment, AMC.
• Vendor payables, cash management , fund management

Cost Saving

Process

• Process Adherence
• Complies with company defined guidelines and processes
• Adheres to project timelines
• % Process compliance
• Process Improvement
• Identifies processes/procedures in own work area that need improvement
• Recommends process improvement ideas to streamline efficiency/costs/productivity
• Undertakes process improvement activities in own work area
• Initiatives taken
• Impact of process improvement ideas

People

• Goal Setting
• Conducts goal setting exercise for the role
• Prepares goal sheets
• Defines and sets work objectives for team members
• Balances work allocation in team
• Timeliness
• Recruitment
• Recommends manpower for the region
• Conducts interviews for all requirements in the team
• Lead time in closing positions
• Performance Management
• Conducts weekly review meetings and regular performance reviews with the entire team
• Provides guidance and direction to team members
• Conducts periodic reviews and year end appraisals for team members
• Timeliness of appraisals
• Objective appraisals
• Culture Building Contribution
• Recommends and implements policies to ensure retention of the high potential/performing employees
• Acts as first point of contact for communication, interpretation and implementation of management decisions to direct reporting subordinates
• Communicates and implements GPL values/ processes/systems within own team
• Attrition %
• Working Relationships (Internal And External)

Internal Interfaces

Purpose of Interaction Design, Projects, contract, BD For daily financial activities – payments/ reports Marketing & Sales Customer payments/ generation of Reports for sales admin team for documentation / record keeping

External Interfaces

Purpose of Interaction Third Party Contractors PF, ESI, contract documents Local Consultants For local tax payments Tax authorities For filing of returns Auditors For audit related clarifications Customer For resolving customer related problems Banks Money transfers, payments, collections, etc. JV Partners Maintaining their books of collections

Decision Making Authorities

• Functional

Financial

• Financial

Signing authority for cheques clearance upto 25 lakhs, post signature of regional head.

Position Specifications (Know-How, Skills and Knowledge for this position)

Current Incumbent’s

Education Qualification & Experience

CA

Threshold Education Qualification & Experience

CA, 2 to 4 years experience , preferably in real estate or Big 4(statutory Audit)

Functional/ Technical competencies

• Accounting Standards and guidelines
• Financial Policies and Systems
• Indirect Taxation Knowledge
• Understanding of real estate
• Basics of construction processes
• MIS Reporting
• Analytical skills
• SAP,
• MS Office
• Accounting software

Behavioural Competencies

Leading Self

• Initiative: Drive Ownership, tenacity
• Hunger to Learn & Improve: Humility, Growth Mindset, Committed to Change
• Emotional & Social Awareness: Maturity, self Awareness, Influence

Leading Others

• Leading Team: Creating high performance team, Adaptive, Motivator
• Developing Others: Nurtures Talent, Feedback, Mentoring
• Fostering Collaboration: Godrej First, collaborates, Builds Bridges

Leading Business

• Customer Centricity: Insightful, Innovates, Delights
• Acting strategically: Envision, frames Issues, Action Orientation
• Delivering Results: commercial Acumen, Execution Excellence, Agility
• Institution Building: Role Model, Knowledge Sharing, Shape Culture
• Observations/ Interpretation
• Nature of dotted line reporting to HO is for all reports and cheques.

Work Experience

2-4 years

Benefits

Be an equal parent

• Childcare benefits for the birthing parent, commissioning parent (in case of surrogacy) or adoptive parent, and their partners
• 6 months of paid leave for primary caregivers, flexible work options on return for primary caregivers
• 2 months paid leave for secondary caregivers
• Caregiver travel for primary caregivers to bring a caregiver and children under a year old, on work travel
• Coverage for childbirth and fertility treatment

No place for discrimination at Godrej

• Gender-neutral anti-harassment policy
• Same sex partner benefits at par with married spouses
• Coverage for gender reassignment surgery and hormone replacement therapy
• Community partnerships and advocacy
• Persons with Disability (PwD) care

We Are Selfish About Your Wellness

• Comprehensive health insurance plans, as well as accident coverage for you and your family, with top-up options
• Elder care for those who might need to extend support to senior family members
• Preventative healthcare support
• Outpatient Department (OPD) coverage, including vaccinations, dental, vision, etc.
• Uncapped sick leave
• Flexible work options, including remote working and part-time work
• Mental wellness and self-care programmes, resources and counselling

Celebrating wins, the Godrej Way

• Structured recognition platforms for individual, team and business-level achievements
• Digital and offline instant recognition platforms

An inclusive Godrej

Before you go, there is something important we want to highlight. There is no place for discrimination at Godrej. Diversity is the philosophy of who we are as a company. And it has been over a century. It’s not just in our DNA and nice to do. Being more diverse - especially having our team members reflect the diversity of our businesses and communities - helps us innovate better and grow faster. We hope this resonates with you.

We take pride in being an equal opportunities employer. We recognise merit and encourage diversity. We do not tolerate any form of discrimination on the basis of nationality, race, colour, religion, caste, gender identity or expression, sexual orientation, disability, age, or marital status and ensure equal opportunities for all our team members.

We look forward to meeting you.