Job Details

Job Description

Position Title

General Manager – Finance & Accounting (Group)

Reporting To: Managing Director

(Functional coordination with Business Heads – PMC, Real Estate, Group Services)

Role Purpose

To own, standardize, and strengthen group-wide finance, accounting, compliance, and financial governance across Planedge’s operating companies, with special focus on project-based accounting, cash flow discipline, statutory compliance, and real estate financial structuring.

Key Responsibilities

1. 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.

2. 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

3. 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.

4. Cash Flow & Treasury Management
 Own group cash flow planning and liquidity management.
 Ensure timely:
 Client billing and collections
 Vendor and contractor payments
 Optimize working capital cycles.
 Manage banking relationships:
 OD/CC limits
 Project loans
 BGs, LCs, performance guarantees

5. 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.


6. 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

7. 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.

8. 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 (mandatory)
 MBA Finance (preferred)

Experience
 8–15+ 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

Functional Area

• Finance & Accounting

Education

• CA Preferred
• MBA Finance

Skills

• Finance, Accounting, MIS, Reporting, Statutory compliance & governance, Cash flow & treasury management, financial planning, budgeting & control

Industry

• Real Estate