Chief Accounts Officer-real Estate - Mumbai, India - Sky Services

Sky Services
Sky Services
Verified Company
Mumbai, India

1 week ago

Deepika Kaur

Posted by:

Deepika Kaur

beBee Recuiter
Description

Job Title:
Chief Accounts Officer - Real Estate - Mumbai


Job Responsibility:
Strategy, Planning, and Management

  • Act as a strategic business partner to the executive leadership team.
  • Assess and evaluate the financial performance of the organization with regard to goals, budgets, and forecasts. Provide insight and recommendations.
  • Identify, acquire and implement systems and software to provide critical financial and operational information. Make suggestions for automating processes and increasing efficiency.
  • Determine accounting and tax implications for all material business decisions.
  • Create and establish yearly financial initiatives and goals that align with the company's plan for growth and expansion. Track and report on the status of the initiatives and goals.
  • Implement policies, procedures, and processes as deemed appropriate by the executive leadership team.
Financial Analysis, Budgeting, and Forecasting

  • Manage financial planning and analysis activities. Supervise the creation of reports and implementation of tools for budgeting and forecasting.
  • Prepare and present monthly budget vs actual reports for properties and ownership entities.
  • Prepare and present weekly cash flow reports for each ownership entity.
  • Review and analyze monthly financial results and provide recommendations.
  • Develop and maintain operational budgets for each ownership entity.
  • Ensure the proper functioning of all systems, databases and financial software. Provide regular maintenance and backup of all accounting and operating systems.
  • Ensure timeliness and accuracy of financial and management reporting data.
  • Oversee the preparation and communication of monthly, quarterly and annual financial statements.
  • Oversee the preparation and timely filing of all local, state and federal tax returns.
  • Oversee the monthend close process, constantly reviewing procedures while eliminating inefficiencies.
  • Review all monthend closing activities including general ledger accounts, balance sheet accounts, and overhead cost allocation.
  • Assure conformity with professional accounting standards and best practices in accordance with GAAP.
  • Serve as a key point of contact for external auditors; Manage preparation and support of all external audits.
  • Coordinate and strategize methods used to attain team goals and initiatives with directors and managers.
Financial and Cash Management

  • Manage the cash flow planning process and ensure funds availability and the maintenance of minimum required cash balances.
  • Oversee weekly cash management, approve large payables, sign checks, authorize large wires and ACHs.
  • Maintain corporate banking relationships and strategic alliances with vendors and business partners.
  • Lead the evaluation of insurance premiums, deductibles and the impact on budgets and forecasts. Advise the Legal/Risk and HR teams on impacts.
  • Utilize forwardlooking models and activitybased analyses to provide financial insight into the organization's plans and operating budgets

Key Skills:

Mandatory:
Expert in Financial Management & Financial Accounting


Target Industry:
Real Estate Preferred


Gender:
Male

Experience: 4 to 7 years


Job Location:
Lower Parel, Mumbai

Site Visits - Panvel, Bandra

Working Days: 6 days

Age: 28 to 33 years


Qualification:
MBA Finance or Post Grad in similar principle

Notice Period:
Immediate to 30 days


Salary:
₹800, ₹1,000,000.00 per year


Benefits:


  • Health insurance

Schedule:

  • Day shift

Supplemental pay types:

  • Performance bonus

Application Question(s):

  • Need someone who is an expert in financial management & financial accounting.
Do you fulfil this criteria?

  • Need someone from real estate sector only.
Do you fulfil this criteria?


Education:


  • Master's (required)

Experience:


  • Accounting: 4 years (preferred)

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