General Manager Finance & Accounts

💰 ₹28,800 - ₹46,080 (Est.) 📍 Bangalore 🕐 5 days ago

Job Description

We are partnering with a leader in Real Estate Development to identify General Manager/ Head F&A for India. The position will report to President / Promotor in IndiaJob Location: BangaloreCTC: Approx 70 LPA (including Performance-based incentives)You may wish to follow us for other exciting opportunities https://www.linkedin.com/company/the-practice-centre/Position General Manager/ Head F&A (Real Estate Development SBU)Team management roleReplacement positionAlternate Saturday offRole OverviewThe GM / Head Finance & Accounts will be responsible for leading the entire finance and accounting function of the real estate development business. The role includes financial planning, project finance, fund management, compliance, taxation, MIS, budgeting, and strategic financial decision-making across multiple projects.The incumbent will play a critical role in ensuring financial discipline, optimizing cash flows, and supporting business growth.Key Responsibilities1. Financial Strategy & LeadershipLead the Finance & Accounts function for the organizationDevelop financial strategies aligned with business growth plansProvide financial insights and recommendations to senior leadershipDrive profitability and cost optimization across projectsEvaluate investment opportunities and project feasibility2. Project Finance & Real Estate AccountingHandle project-wise budgeting, costing, and financial trackingMonitor project cash flows and funding requirementsEnsure revenue recognition as per real estate accounting standardsManage construction finance and vendor paymentsWork closely with project and sales teams for financial planning3. Budgeting & Financial PlanningPrepare annual budgets and rolling forecastsMonitor actuals vs budgets and analyze variancesPrepare financial models for new real estate projectsManage working capital and liquidity planning4. Fund Raising & BankingLiaise with banks, NBFCs, and financial institutionsManage project finance, term loans, and working capitalOversee loan documentation and complianceHandle investor relations and funding requirementsManage escrow accounts and project funding structures5. Accounts & Financial ReportingOversee day-to-day accounting operationsEnsure timely closing of books (monthly/quarterly/annual)Prepare financial statements and management reportsEnsure compliance with accounting standards and policiesManage audit schedules and financial documentation6. Compliance & TaxationEnsure compliance with statutory regulationsHandle GST, TDS, Income Tax, and other statutory filingsManage RERA financial complianceCoordinate with auditors, consultants, and legal advisorsEnsure adherence to regulatory requirements7. MIS & Business ReportingPrepare MIS reports for management reviewTrack project profitability and marginsMonitor sales collections and receivablesDevelop dashboards for financial performance8. Team LeadershipLead and mentor Finance & Accounts teamSet KPIs and monitor performanceDrive process improvements and automationStrengthen internal controls and SOPsRequired QualificationsCA PreferredMinimum 5+ years in Real Estate / Construction industryExperience in handling multiple real estate projects preferredRequired SkillsStrong knowledge of Real Estate accountingProject finance & funding expertiseBudgeting and financial modelingTaxation and statutory complianceLeadership and stakeholder managementERP knowledge (SAP / Oracle / Real Estate ERP preferred)Key Performance Indicators (KPIs)Project profitabilityCash flow managementBudget vs actual varianceCompliance adherenceTimely financial reportingCost optimizationPreferred ExperienceReal Estate Developer backgroundExperience in commercial projectsExperience in fund raising / investor handlingExperience handling large-scale projectsIf you would like to explore further, please share your resume on [email protected] may wish to follow us for other exciting opportunities

💡 Quick Summary

Seeking a career-building opportunity? The General Manager Finance & Accounts position is now open for candidates interested in the Accountant Jobs sector. This role in Bangalore offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.

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Job Details

Company Name: The Practice Centre

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The expected salary for General Manager Finance & Accounts in Bangalore is ₹28,800 - ₹46,080 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, General Manager Finance & Accounts is an on-site position based in Bangalore. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for General Manager Finance & Accounts. Previous experience in Accountant Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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