General Manager - Finance & Accounts

Description:

Key Responsibilities:

- Group Finance & Accounting Leadership

- Lead end-to-end finance and accounts for all group companies (PMC, real estate SPVs, support entities).

- Ensure uniform accounting policies, chart of accounts, and MIS formats across the group.

- Supervise accounting teams; define roles, controls, and escalation mechanisms.

- Drive monthly, quarterly, and annual closure discipline.

- Financial Planning, Budgeting & Control

- Prepare annual budgets, project budgets, and rolling forecasts for:

- PMC operations

- Real estate projects (land cost, construction cost, sales, cash flow)

- Monitor budget vs actuals, cost overruns, and margin deviations.

- Implement cost control systems for:

- Project overheads

- Corporate overheads

- Site expenses

- Project & Real Estate Finance

- Establish project-wise accounting for PMC and real estate developments.

Track:

- WIP, unbilled revenue, milestone billing

- Construction cost capitalization

- Inventory, land cost, development rights

- Manage real estate cash flows, escrow accounts, and RERA- linked reporting.

- Support feasibility studies, IRR calculations, and project viability analysis.

- Cash Flow & Treasury Management

- Own group cash flow planning and liquidity management.

Ensure timely:

- Client billing and collections

- Vendor and contractor payments

- Optimise working capital cycles.

- Manage banking relationships:

- OD/CC limits

- Project loans

- BGs, LCs, performance guarantees

- Statutory Compliance & Governance

- Ensure compliance with:

- Income Tax, GST, TDS

- Companies Act

- RERA (for real estate wing)

- Coordinate audits:

- Statutory audit

- Tax audit

- Internal audit

- Manage assessments, notices, and litigation support.

- Maintain strong internal controls and documentation standards.

- MIS, Reporting & Decision Support

- Develop management dashboards for leadership:

- Project profitability

- Cash position

- Receivables & payables ageing

- Cost trends

- Present actionable insights, not just numbers.

- Support leadership in:

- Tender pricing inputs

- Contract risk assessment

- Investment decisions

- Systems & Process Improvement

- Strengthen ERP / accounting systems (Tally, SAP, Oracle, or equivalent).

- Standardise:

- Approval matrices

- Delegation of authority

- Financial SOPs

- Reduce dependency on individuals; build process-led finance function.

- Team Building & Capability Development

- Mentor finance managers and accounts leads.

- Improve commercial understanding of finance team for project environments.

- Act as a finance steward, not just a controller.

Authority & Accountability:

- Final authority on:

- Group accounts & financial reporting

- Statutory compliance sign-offs

- Budget controls

- Advisory authority on:

- Project financial structuring

- Risk and investment decisions

Qualification:

- CA or

- MBA Finance (preferred)

Experience:

- 12+ years overall experience

- Strong exposure to:

- Project-based organizations (construction / PMC / infrastructure)

- Real estate finance and accounting

- Experience handling multiple legal entities.

Key Competencies:

- Deep accounting and compliance knowledge

- Strong commercial and project finance orientation

- Leadership maturity and stakeholder management

- Ability to work with young operational teams and senior leadership