Associate - Finance & Accounts

JOB DESCRIPTION









SECTION I: BASIC INFORMATION ON THE POSITION










UJR Name Team Member Accounts Finance Designation / Role name Associate - Finance Accounts












Function Finance and Accounts Sub Function Accounts











Band 5 Manager/ Individual Contributor Individual Contributor











SBU Realty Location Thane











UJR Code





SECTION II: ORGANIZATIONAL RELATIONSHIPS













Direct Reporting
Indirect (Dotted) Reporting











Next Level or Skip Level Supervisor / Manager
CFO













Immediate Supervisor / Manager
Lead - Accounts













Position
Associate - Finance Accounts














Number of positions reporting to the role
0













Position titles of reportees
NA












SECTION III: PURPOSE OF THE ROLE










End to end management of Accounts closure Audit activities.This role is central to ensuring our projects remain compliant with RERA regulations, managing our corporate insurance portfolio, and streamlining our banking operations using SAP










SECTION IV: KEY RESPONSIBILITIES AND ACCOUNTABILITIES OF THE ROLE

• Coordinate with Chartered Accountants to obtain CA certificates required for project fund withdrawals along with co ordination for Form 1 2 for Engineer Architect Certificate.

• Manage end-to-end RERA audits, ensuring that 70% of allottee collections are correctly deposited and utilized for construction.

Prepare and file Monthly and Quarterly (QTR) compliance reports as per state RERA authority mandates

• Oversee the company s insurance portfolio, with a specific focus on Fire Insurance and Property Casualty coverage for various project sites.

• Handle the end-to-end claims process, including documentation, coordination with surveyors, and following up on settlements.

• Execute daily banking operations and maintain relationships with bank officials for any banking related issues.

• Perform bank reconciliations in SAP, ensuring all entries are accurate and tally bank statements.

SECTION V: KEY RESULT AREAS










Key performance goals for the role: Critical outcomes of a job contributing to the organizations and role s success Weightage (should add up to100%)

Ensure timely closure of Monthly, Quarterly and Yearly books of Accounts with accuracy. 40%

Responsible for all the Monthly,Quarterly and Yearly Corporate submissions viz..Quick estimate, BU - PL, Monitoring and reporting sheet etc on or before scheduled timelines. 30%

Co-ordination with Internal Auditors for Internal Audit and for implementation of Internal controls over financial reportings (ICFR - Risk Control Matrices) and Co-ordination External Auditors for Audits and Limited reviews of financial results. 15%

Ensure readiness of SAP system to generate Project Specific Trail balances and Cost reports. 15%

TOTAL 100%










SECTION VI: FINANCIAL ACCOUNTABILITY GEOGRAPHICAL SCOPE (as applicable)










Financial Accountability (with exclusive authority)


Geographical Scope Thane, Mumbai










SECTION VII: KNOWLEDGE, EXPERIENCE, SKILLS AND ABILITIES










Education Qualification M.Com/MBA

Technical Professional Knowledge required

(What someone NEEDS TO KNOW) a. Excel proficiency
b. Self-driven with interpersonal communication and problem solving skills.
c. SAP Knowledge.
d. Strong collaborative skills to generate synergies.
e. Firm believer to set examples


Experience required

(What someone NEEDS TO HAVE DONE) 5 - 12 yrs experience of End to end management of Accounts closure Audit activities. RERA regulations, managing our corporate insurance portfolio, and streamlining our banking operations using SAP.

Essential RLC for the role

(Essential Leadership Competencies that need to be demonstrated or how they NEED TO BEHAVE) Active Collaboration
Drive Results
Breakthrough mindset

Personal Attributes required

(Personal qualities, motivations, and preferences likely to enhance performance in the role) Self-driven with interpersonal communication and problem solving skills.
Strong collaborative skills to generate synergies.

Domain/ Functional skills required Excel Proficiency
SAP Knowledge










SECTION VIII: KEY INTERACTIONS










Internal (Key interactions within the organization) Nature or purpose of interaction

Corporate Treasury MIS Team MIS requirements. e.g. PLBS report, Working Board Budget Vs Actual analysis.

Contracts Procurement Release of PO/WO and maintenance of appropriate GST rates to HSN/SAC codes. Confirmation of Cost code Budget availability.

CRM Team Resolution of Accounting related queries
Follow up for Identification of unidentified entries

Sales Team Follow up for Creation of Sales orders
Close co-ordination for identification of unidentified entries

External (Key Interactions outside the organization) Nature or purpose of interaction

Auditors To provide necessary data files as per Audit requirements