Our client is a leading and reputed Real Estate Developer of Delhi / NCR

Position: Deputy Manager, Finance

CTC: 15 - 20 LPA

Industry: Real Estate

Location: Noida

Department: Finance & Accounts (Corporate accounting)

Reports To: Finance Manager

Role Overview:

The Deputy Manager - Finance will be responsible for managing corporate accounting, fund management, taxation (both direct & indirect), statutory and internal audits, preparing financial statements, ensuring compliance, and providing MIS reporting for the organization. This role requires strong expertise in financial planning, analysis, and regulatory frameworks relevant to the real estate sector, with hands-on experience in ERP (SAP).

Key Responsibilities:

Financial Reporting & Accounting

- Preparation of Quarterly & Annual Financial Statements - Standalone and Consolidated.

- Review and finalization of accounts in compliance with Ind AS and the Companies Act.

- Preparation of audit schedules and tax files

- Preparation and analysis of Monthly MIS covering profitability, cash flow, and variance analysis.

- Preparation of business plans and financial projections for stakeholders.

- Timely invoicing for group companies and follow-up on collection.

- Debtor management, including reconciliation of tenant/customer accounts and ensuring timely collections.

- Creditor/vendor management, including reconciliation of accounts and maintaining accurate payables.

- Monitoring payment cycles and ensuring adherence to defined TAT (Turnaround Time) for disbursements.

- Periodic review of receivables, payables, and working capital requirements.

- Regular review of Trial Balance (TB) and General Ledger (GL) to ensure accuracy, completeness, and timely closure of books of accounts.

Audit & Controls:

- Coordination with statutory auditors, preparation of audit schedules, and closure of audits.

- Coordination with internal auditors and review of ICOFR (Internal Controls over Financial Reporting).

- Ensure timely compliance with audit observations and strengthen internal control mechanisms.

Taxation & Compliance

- Manage Direct and Indirect Taxation (GST, Income Tax, TDS, etc.) and assist in the timely submission of tax assessments/queries.

- Ensuring monthly, quarterly, and annual compliance with direct and indirect taxation.

- Handle corporate compliance,s including secretarial and legal matters in coordination with consultants.

Fund Management & Treasury

- Monitor fund requirements, cash flow planning, and working capital management.

- Preparation of monthly cash flows for fund management and monthly reviews.

- Manage investments in mutual funds and other instruments based on recommendations of consultants, ensuring alignment with organizational objectives.

Stakeholder Management

- Provide financial insights and reports to senior management and investors.

- Support cross-functional teams with financial data and decision-making inputs.

Budgeting & Cost Control

- Preparation and Monitoring of Annual Budgets.

- Variance analysis vs. actuals and corrective actions.

Governance & Policy Framework

- Development and implementation of finance policies, SOPs, and best practices.

- Strengthening internal financial controls and ensuring compliance with IFC requirements.

Technology & Automation

- Drive process automation and digital initiatives in finance.

- Leverage SAP analytics and dashboards for real-time reporting.

Key Skills & Competencies:

- Strong knowledge of Ind AS, Companies Act, Income Tax, GST, and RERA regulations.

- Hands-on experience in ERP SAP and advanced Excel.

- Strong analytical and problem-solving skills with a data-driven approach.

- Good understanding of financial modeling, forecasting, and planning.

- Excellent communication and stakeholder management skills.

- Ability to work under tight deadlines with accuracy and attention to detail.

Qualification & Experience:

- Chartered Accountant (CA).

- 4-7 years of experience in corporate finance/accounting, preferably in the real estate industry.

- Proven track record in handling audits, taxation, and compliance.