Head Accounts And Taxation

About Marathon Group

Marathon Group is a well-established real estate development company with a strong presence in Mumbai. The company has a diverse portfolio of residential, commercial, and mixed-use developments.

Marathon Group focuses on quality, innovation, customer satisfaction, and timely project execution.

To lead the Accounts, Taxation and Financial Compliance functions across a large group of companies, ensuring timely finalization of accounts, effective tax planning, statutory compliance, financial reporting, audit management and robust financial control across listed entities, joint ventures and real estate projects.

Role & responsibilities

1. Accounts Finalization & Financial Reporting

• Lead the finalization of annual financial statements for approximately 80 companies, including two listed entities.
• Ensure accurate preparation and finalization of standalone and consolidated financial statements in accordance with applicable Indian Accounting Standards (Ind AS).
• Oversee accounting, financial reporting and reconciliations for group companies, joint ventures and project entities.
• Review financial statements, schedules, disclosures and supporting documentation to ensure accuracy and compliance.
• Manage the resolution of accounting issues, audit observations and financial reporting discrepancies across group entities.

2. Direct Taxation & Income Tax Planning

• Lead income tax planning, advance tax computations, tax provisions and return filings across group companies.
• Manage income tax assessments, appeals, litigation and representations before the relevant authorities.
• Review tax implications of business transactions, agreements, restructuring and real estate development projects.
• Coordinate with external tax consultants and auditors to resolve complex taxation matters and minimize tax exposure within the applicable legal framework.

3. GST & Indirect Taxation

• Oversee GST compliance, return filings, reconciliations, assessments and departmental notices across group companies.
• Manage GST-related litigation, appeals and resolution of tax disputes.
• Review GST implications of real estate transactions, development agreements, joint ventures and intercompany transactions.
• Monitor changes in direct and indirect tax laws and ensure timely implementation of relevant amendments.

4. Agreements, Transactions & Tax Advisory

• Review financial and taxation implications of development agreements, joint venture agreements and other commercial arrangements.
• Advise management on the tax and accounting treatment of complex real estate transactions.
• Coordinate with Legal, Projects, Finance and external advisors to ensure appropriate documentation and compliance.
• Support corporate restructuring, mergers and other strategic transactions from an accounting and taxation perspective.

5. Listed Company Compliance & Capital Structure

• Oversee financial reporting and accounting compliance for two listed companies.
• Coordinate with the Company Secretary, Legal team, statutory auditors and other stakeholders for listed-company financial reporting and related regulatory requirements.
• Review capital structure, debentures, borrowings and related accounting and compliance matters.
• Ensure timely preparation of financial information and disclosures in accordance with applicable accounting standards and regulatory requirements.

6. Mergers, Restructuring & Special Accounting Projects

• Manage accounting and compliance requirements relating to mergers, restructuring and business transfers.
• Oversee preparation and revision of financial statements wherever required.
• Coordinate with auditors, legal advisors, the Company Secretary and relevant departments to ensure timely completion of merger-related compliances.
• Resolve complex accounting issues arising from restructuring and group-level transactions.

7. Internal Audit & Financial Controls

• Lead coordination with internal auditors and monitor closure of audit observations.
• Strengthen internal financial controls, accounting processes and standard operating procedures across group companies.
• Identify financial and compliance risks and implement corrective measures.
• Ensure adherence to company policies, accounting standards and statutory requirements.

8. Project Accounting & Cash Flow Management

• Oversee project accounting and cash flow monitoring for key real estate developments, including the Nexzone project.
• Review project financial statements, cost allocations, cash flows and accounting reconciliations.
• Coordinate with project, treasury and finance teams to resolve accounting issues and ensure accurate project-level reporting.
• Monitor financial commitments and support effective working capital management.

9. Leadership & Stakeholder Management

• Lead the Accounts and Taxation team across multiple group entities.
• Establish reporting timelines, review mechanisms and accountability for timely financial closure.
• Coordinate with CFOs, senior management, auditors, tax consultants, bankers, Legal, Projects and Company Secretarial teams.
• Drive process improvements, standardization and automation to improve the accuracy and efficiency of financial operations.

Educational Qualification & Experience

• Qualified Chartered Accountant (CA) with 1518 years of relevant post-qualification experience.
• Strong experience in real estate, infrastructure or a diversified corporate group.
• Demonstrated expertise in managing accounts finalization for multiple legal entities, preferably 5080 companies.
• Experience handling listed companies, joint ventures, mergers and complex group accounting structures.
• Strong knowledge of Ind AS, direct taxation, GST, tax assessments, appeals and litigation.
• Experience in capital structure, debentures, financial reporting, internal audits and statutory compliance.

Key Competencies

• Strong technical expertise in accounting standards and taxation.
• Excellent analytical, problem-solving and decision-making skills.
• Ability to manage multiple entities and strict financial closure deadlines.
• Strong stakeholder management and team leadership capabilities.
• High attention to detail, integrity and commitment to regulatory compliance.

Preferred candidate profile

• Chartered Accountant (CA) with 15+ years of experience in the real estate/construction industry.
• Proven experience in leading and managing a team of 50+ employees.
• Experience in reporting directly to the CFO / Director.
• Strong knowledge and hands-on experience in accounting, taxation, financial reporting, and statutory compliance.
• Strong leadership, team management, and decision-making skills.
• Excellent analytical, problem-solving, and stakeholder-management abilities.