Account Manager - Real State/Construction

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:

• Food provided

Work Location: In person