Current Openings

Job Details
Job Type   : Full Time
Job Title   : Manager - Accounts
Job Code   : VR/ Accts/2017
Functional Area   : Accounts
Number of Position   : 02
Location   : Bangalore & Chennai
Job Summary   :

The job purpose of this role is to be responsible for managing accounts function at the shopping center, ensure compliance and assist management with essential financial reporting.

Illustrative Responsibilities   :
  • Forecasting financial operating budgets with the management team, conducting variance analysis and reporting
  • Oversee timely raising of the vendor invoices (receivables), collection and revenue reconciliation reports
  • Weekly reporting of invoicing totals/cash receipts/invoice adjustments etc, debtors ageing analysis
  • Prepare weekly & monthly MIS for controlling of debtors & expenses, prepare debtors ageing & follow-up for payments
  • Prepare reports and analyzes trends in cash collection, and direct bill revenue
  • Ensure timely processing of the vendor invoices and others (payables)
  • Ascertaining the fund requirements after careful analysis of budget and plans defining disbursement plan based on functional requirements
  • Approve all Manual Check Requests (MCRs) and payables for accuracy
  • Oversee daily cash management
  • Oversee proper accounting entries / posting are passed in the ERP (Yardi)
  • Oversee reconciliation of bank, debtors & creditors, handling of the staff imprest and advance payments
  • Oversee GV purchase and inventory, ensure all purchases are as per SOP 
  • Managing timely preparation and presentation of statutory books of accounts ensuring conformance to regulatory accounting standards
  • Maintenance of statutory books of accounts in compliant with Indian and US GAAP in compliance with all local and VR Corporate accounting requirements
  • Ensuring timely filing of returns such as TDS, Service Tax, Income Tax and Professional Tax as per the relevant acts & interfacing with Tax Auditors and regulatory authorities for assessments and remittances
  • Track and manage ongoing direct & indirect tax assessments in co-ordination with local tax consultants
  • Keeping track of all applicable statutory registration and ensure timely renewal of the same wherever applicable. VAT, Shops and Establishment etc.
  • Ensure timely submission of the essential reports to the Bankers
  • Manage internal & external audits &ndash Statutory audits, US GAAP audits and Tax audits
  • Oversee Asset management 
  • Oversee general insurance management for the shopping center
  • Ensure timely resolution to the red flags raised in the audits and necessary reporting to the management
  • Ensure monthly closing of the financial records and necessary reporting
  • Managing timely preparation and presentation of financial statements, annual reports and ensure conformance to regulatory accounting standards
  • Present periodic financial statements through Balance Sheet account & P&L account review and reconciliation to identify and manage risks 
  • Reports - Debtors report, CAPEX, OPEX, Asset management etc. ​
  • Prepare weekly and monthly reports/ MIS on financial operating budgets and other relevant accounting information
Required Skills   :
  • 08 to 15 years relevant experience in Retail / shopping center/ projects
  • Good communcation skills
Required Qualification   :


Reporting to   : Centre Head