Assistant Account Manager - Real Estate - Residency Road

Designation: Assistant Accounts Manager

Industry: Real Estate / Construction / Infrastructure

Industry Experience: Real Estate experience is mandatory

Location: Bangalore – Residency Road

Experience: 5+ Years

Salary: Up to ₹8.00 LPA

Department: Finance & Accounts

Reporting To: Manager – Finance & Accounts / Senior Management

Qualification: B.Com / M.Com / MBA (Finance)

Work Timings: Monday to Saturday (10 am to 6:30 pm)

JOB SUMMARY

We are looking for an experienced Ast. Accounts Manager with strong exposure to Real Estate / Construction accounting to manage and oversee day-to-day Finance & Accounts activities.

The role will be responsible for general accounting, accounts receivable and payable, bank and ledger reconciliation, project accounting, MIS reporting, statutory compliance support, audit coordination, and financial documentation.

The candidate should have strong accounting knowledge, good analytical skills, and the ability to independently manage assigned responsibilities while coordinating with internal teams, vendors, customers, banks, auditors, and other stakeholders.

KEY RESPONSIBILITIES

1. General Accounting

• Manage day-to-day accounting operations and ensure accurate and timely recording of financial transactions.
• Review invoices, vouchers, receipts, payments, journal entries, and supporting documents.
• Maintain accurate books of accounts and accounting records.
• Review and ensure proper accounting of income, expenses, assets, liabilities, and project-related transactions.
• Ensure timely closure of monthly accounting activities.

1. Accounts Receivable & Payable

• Monitor and manage accounts receivable and accounts payable.
• Track customer outstanding and coordinate with concerned teams for timely collections.
• Review vendor invoices, payment requests, advances, and outstanding balances.
• Ensure timely processing and recording of receipts and payments.
• Reconcile customer and vendor accounts and resolve discrepancies.

1. Real Estate & Project Accounting

• Handle accounting activities related to real estate projects and developments.
• Monitor project-wise expenses, vendor payments, advances, and outstanding amounts.

• Coordinate with Project, Sales, CRM, Procurement, and other departments for accounting-related information.
• Ensure proper allocation and accounting of project expenses.
• Support project-wise financial tracking and reporting.

1. Reconciliation & Financial Controls

• Perform and review bank, customer, vendor, ledger, and inter-company reconciliations.
• Identify discrepancies and ensure timely resolution.
• Monitor accounting transactions for accuracy and completeness.
• Ensure adherence to internal financial controls and approval processes.
• Maintain proper supporting documentation for all financial transactions.

1. MIS & Management Reporting

• Prepare and review periodic MIS and financial reports for management.
• Prepare reports on receivables, payables, expenses, cash flow, project costs, and other financial information.
• Provide accurate financial data and analysis to management.
• Assist in budgeting, forecasting, and variance analysis wherever required.

1. Statutory Compliance Support

• Support compliance activities relating to GST, TDS and other applicable statutory requirements.
• Coordinate with consultants and internal stakeholders for timely compliance.
• Ensure proper maintenance of statutory and financial records.
• Assist in preparing information and schedules required for statutory filings.

1. Audit & Documentation

• Coordinate with internal and external auditors and provide required documents and information.
• Prepare audit schedules and supporting documents.
• Ensure proper maintenance and filing of accounting records.
• Support timely closure of audit observations and queries.

1. Banking & Stakeholder Coordination

• Coordinate with banks regarding routine banking and financial matters.
• Monitor bank transactions and ensure timely reconciliation.
• Coordinate with vendors, customers, consultants, auditors, and internal departments.
• Follow up on pending payments, receipts, documents, and financial queries.

1. Team Coordination

• Guide and support junior members of the Accounts team.
• Review assigned accounting activities and ensure timely completion.
• Allocate tasks and monitor progress within the assigned scope.
• Support knowledge sharing and maintain process discipline within the team.

1. Process Improvement

• Identify gaps and opportunities for improving accounting processes.
• Support implementation and effective use of ERP/accounting systems.
• Reduce manual errors through proper process controls and documentation.
• Ensure finance processes are followed consistently across the organization.

QUALIFICATION & EXPERIENCE

• B.Com / M.Com / MBA (Finance) or equivalent qualification.
• 5–7 years of relevant experience in Finance & Accounts.
• Mandatory: Prior experience in Real Estate / Construction industry.
• Strong experience in general accounting, AR/AP, reconciliation, MIS, and audit coordination.
• Experience in project accounting / real estate accounting is strongly preferred.
• Good knowledge of GST, TDS and accounting practices.
• Strong working knowledge ofMS Excel and ERP/accounting software.

KEY COMPETENCIES

• Strong accounting fundamentals.
• Real Estate / Project Accounting knowledge.
• Analytical and problem-solving skills.
• Attention to detailand accuracy.
• Ownership and accountability.
• Team coordination and supervision.
• Stakeholder management.
• Strong follow-up and communication skills.
• Process orientation.
• Ability to work independently and meet deadlines.

IDEAL CANDIDATE PROFILE

The ideal candidate should have:

• 5+ years of Finance & Accounts experience.
• Mandatory Real Estate / Construction industry exposure.
• Hands-on experience in project accounting, AR/AP, reconciliations and MIS reporting.
• Good understanding of GST and TDS.
• Experience coordinating with auditors, banks, vendors, customers,and internal teams.
• Ability to independently handle accounting activities and support the Accounts Manager/Finance Manager.
• Experience in supervising or guiding junior Accounts Executives.
• Strong Excel and ERP skills.

PERFORMANCE EXPECTATIONS

• Accurate and timely accounting and financial reporting.
• Effective monitoring of receivables and payables.
• Timely completion of reconciliations.
• Accurate project-wise accounting and expense tracking.

• Timely submission of MIS and management reports.
• Proper audit and statutory compliance support.
• Effective coordination with internal and external stakeholders.
• Adherence to accounting processes, controls, and timelines.

BENEFITS & INCENTIVES

• Statutory benefits such as PF, ESI and HealthInsurance, as applicable under companypolicy.
• Performance-linked incentive/ variable pay as per company policy and appraisaloutcome.
• Leave and holidaybenefits as per company HR policy.
• Professional development and career growth opportunities.

Recruiter Details:

Name: Sri Gatla

Interested candidates can share their updated CVs to

Email: [Confidential Information]

Watsapp: 9392932905 (No calls please)