Accounts Manager
Mangalamm Projects India LlpFixed
₹45,000 - ₹60,000
Earning Potential
₹60,000
Fixed
₹45,000 - ₹60,000
Earning Potential
₹60,000
Job highlights
Urgently hiring
4 applicants
Benefits include: Overtime Pay, Annual Bonus, PF, Flexible Working Hours
Job Description
Head of AccountsLocation: Bengaluru (Corporate Office)
Employment Type: Full-time
Experience: 6–10 years (Minimum 5 years in Real Estate)
About the RoleAt Mangalam Projects, we are transitioning from a trusted regional player to a high-volume developer with a 4.5 million sq. ft. pipeline. We are looking for a seasoned Head of Accounts to lead our financial operations. You will be responsible for maintaining fiscal discipline, ensuring 100% statutory compliance, and providing the management with the data-driven insights needed to scale our footprint across East Bengaluru.
- What you’ll doFinancial Leadership: Oversee the entire accounting function, including General Ledger, Accounts Payable/Receivable, and Cash Flow management across multiple project entities.
- Taxation & Compliance: Ensure timely filing of GST, TDS, and Income Tax. You will be the point of contact for external auditors and statutory authorities.
- RERA Management: Manage project-specific RERA bank accounts, ensuring the 70/30 fund allocation rules are strictly followed and certificates are filed accurately.
- Project Costing: Work closely with the technical/construction teams to monitor project budgets vs. actual spends, highlighting variances before they impact the bottom line.
- Receivables Oversight: Collaborate with the Sales and CRM teams to track collection milestones and manage aging reports for 1,500+ upcoming units.
- Audit & Reporting: Prepare monthly MIS reports, P&L statements, and Balance Sheets. Conduct internal audits to prevent leakages in procurement and site expenses.
- Banking Relations: Manage relationships with banks for project funding, limits, and timely interest servicing.
- What you needQualification: CA (Chartered Accountant) or ICWA is highly preferred. M.Com/MBA-Finance with exceptional experience will be considered.
- Industry Expertise: A deep understanding of Real Estate Revenue Recognition (Ind AS) and the nuances of the Bengaluru real estate market.
- Tech Savvy: Advanced proficiency in Tally Prime, ERP systems (like Farvision or Strategic), and MS Excel.
- Regulatory Knowledge: Expert-level command over GST (specifically for Works Contracts) and RERA regulations.
- Leadership: Proven experience in managing a team of accountants and working directly with senior management to drive financial strategy.
- What we offerStability & Growth: A leadership role in a 25-year-old organization with a massive, debt-conscious growth plan.
- Strategic Influence: Direct access to the promoters—your insights will directly shape how we fund and launch new phases.
- Competitive Compensation: Fixed salary commensurate with industry standards + performance-based bonuses.
- Professional Autonomy: The opportunity to build and streamline accounting processes for a 4 million sq. ft. portfolio.
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Sri Vinayaka EnterprisesYou can expect a minimum salary of 45,000 INR and can go up to 60,000 INR. The salary offered will depend on your skills, experience and performance in the interview.
The candidate should have completed Graduate degree and people who have 5 to 31 years are eligible to apply for this job. You can apply for more jobs in Bengaluru to get hired quickly.
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