Chartered Accountant

Adler Talent Solutions Pvt Ltd; Ahmedabad District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Adler Talent Solutions Pvt Ltd is seeking a Finance Manager to lead project accounting, financial planning and compliance for real estate developments in Ahmedabad. The role covers MIS reporting, P&L, cash flow, budgeting, and financial controls across multiple projects.

You will liaise with banks, ensure GST/Tax compliance and drive profitability through cost controls and timely reporting. A strong understanding of project accounting in real estate is essential.

Responsibilities

• Manage accounting and financial reporting for multiple real estate development projects.
• Monitor project-wise revenue, costs, receivables, payables and profitability.
• Ensure accurate accounting of land acquisition, construction costs, development expenses, finance costs and project overheads.
• Track project budgets versus actual expenditure and highlight variances.
• Review project profitability, cost-to-complete and expected margins.
• Ensure appropriate allocation of common/project-related expenses.
• Prepare monthly/quarterly MIS reports for management.
• Develop project-wise P&L, balance sheet, cash-flow and profitability reports.
• Prepare management dashboards covering revenue, collections, expenditure, margins and cash position.
• Provide financial insights to management for project and business decisions.
• Monitor key financial KPIs and identify areas of financial risk or leakage.
• Prepare and monitor project-wise cash-flow forecasts.
• Track customer collections against project requirements.
• Monitor vendor, contractor and statutory payments.
• Manage working capital requirements and optimize cash utilization.
• Coordinate with banks and financial institutions for project funding and documentation.
• Handle GST, TDS, Income Tax and other applicable statutory compliances.
• Review GST implications on real estate transactions, construction activities and project-related expenses.
• Ensure timely filing of statutory returns and payments.
• Coordinate for tax assessments, notices and audits.
• Work with tax consultants and external advisors wherever required.
• Coordinate statutory, internal and tax audits.
• Ensure timely closure of audit requirements and observations.
• Establish and monitor financial controls across projects.
• Review accounting processes to ensure compliance with applicable accounting standards and company policies.
• Identify financial risks and recommend corrective actions.
• Monitor project sales accounting and customer receivables.
• Review customer outstanding reports and collection ageing.
• Coordinate with Sales/CRM and Collections teams for reconciliation and follow-up.
• Ensure proper accounting of advances, cancellations, refunds and customer adjustments.
• Monitor revenue recognition as per applicable accounting standards and regulatory requirements.
• Review vendor/contractor bills, advances, deductions and reconciliations.
• Ensure appropriate accounting of retention money, security deposits and project advances.
• Monitor contractor payments against work progress and approved budgets.
• Coordinate with Projects and Procurement teams for financial validation of major expenditures.
• Ensure finance-related compliance with applicable RERA and other real estate regulatory requirements.
• Coordinate with Legal and Project teams for financial information required for regulatory filings.
• Maintain proper project-level documentation and financial records.
• Assist management in annual budgeting and business planning.
• Prepare financial feasibility and profitability analysis for new projects.
• Evaluate project costs, expected revenues, margins and funding requirements.
• Support management in investment, funding and project-level financial decisions.

Job description

Key Responsibilities

1. Project Accounting & Financial Management

• Manage accounting and financial reporting for multiple real estate development projects.
• Monitor project-wise revenue, costs, receivables, payables and profitability.
• Ensure accurate accounting of **land acquisition, construction costs, development expenses, finance costs and project overheads**.
• Track project budgets versus actual expenditure and highlight variances.
• Review project profitability, cost-to-complete and expected margins.
• Ensure appropriate allocation of common/project-related expenses.

2. Financial Planning & MIS

• Prepare **monthly/quarterly MIS reports** for management.
• Develop project-wise **P&L, balance sheet, cash-flow and profitability reports**.
• Prepare management dashboards covering revenue, collections, expenditure, margins and cash position.
• Provide financial insights to management for project and business decisions.
• Monitor key financial KPIs and identify areas of financial risk or leakage.

3. Cash Flow & Working Capital

• Prepare and monitor **project-wise cash-flow forecasts**.
• Track customer collections against project requirements.
• Monitor vendor, contractor and statutory payments.
• Manage working capital requirements and optimize cash utilization.
• Coordinate with banks and financial institutions for project funding and documentation.

4. Taxation & Statutory Compliance

• Handle **GST, TDS, Income Tax and other applicable statutory compliances**.
• Review GST implications on real estate transactions, construction activities and project-related expenses.
• Ensure timely filing of statutory returns and payments.
• Coordinate for tax assessments, notices and audits.
• Work with tax consultants and external advisors wherever required.

5. Audit & Financial Controls

• Coordinate **statutory, internal and tax audits**.
• Ensure timely closure of audit requirements and observations.
• Establish and monitor financial controls across projects.
• Review accounting processes to ensure compliance with applicable accounting standards and company policies.
• Identify financial risks and recommend corrective actions.

6. Revenue & Receivables Management

• Monitor project sales accounting and customer receivables.
• Review customer outstanding reports and collection ageing.
• Coordinate with Sales/CRM and Collections teams for reconciliation and follow-up.
• Ensure proper accounting of advances, cancellations, refunds and customer adjustments.
• Monitor revenue recognition as per applicable accounting standards and regulatory requirements.

7. Vendor & Contractor Accounting

• Review vendor/contractor bills, advances, deductions and reconciliations.
• Ensure appropriate accounting of retention money, security deposits and project advances.
• Monitor contractor payments against work progress and approved budgets.
• Coordinate with Projects and Procurement teams for financial validation of major expenditures.

8. Compliance & Real Estate Regulations

• Ensure finance-related compliance with applicable **RERA and other real estate regulatory requirements**.
• Coordinate with Legal and Project teams for financial information required for regulatory filings.
• Maintain proper project-level documentation and financial records.

9. Budgeting & Business Support

• Assist management in annual budgeting and business planning.
• Prepare financial feasibility and profitability analysis for new projects.
• Evaluate project costs, expected revenues, margins and funding requirements.
• Support management in investment, funding and project-level financial decisions.

Key Deliverables / KPIs

• Accuracy and timeliness of monthly MIS and financial reporting.
• Project-wise budget vs. actual monitoring.
• Project profitability and cost control.
• Timely statutory and tax compliance.
• Cash-flow forecasting accuracy.
• Reduction in receivable ageing and outstanding collections.
• Timely audit closure.
• Effective financial controls across projects.
• Accurate project accounting and reconciliations.
• Timely identification of financial risks and cost overruns