Senior Project Lead-Society Finance & Compliance

Background:

Zipgrid (www.zipgrid.com) is the only PropTech company that specializes in using technology and delivering FCO (Finance, Compliance and Office Management) operations for housing/commercial communities on the “Done-For-You” model. Established in 2014, Zipgrid (“MyAashiana Management Services Private Limited”) has become a Leader in delivering the best solutions to housing societies and commercial communities. We do not just stand as a One-stop Solution provider for all the needs of over 550+ housing societies and commercial communities, but also ensure the long-term smooth functioning of all our clients. We believe in the saying, “Let the experts do the work” and today with over a decade of experience we are the only company in the market that has built the best community living and working experiences.

At Zipgrid we treat every society as an individual ‘Project’ and the role of the ‘Senior Project Lead’ is to govern the overall project with a focus on specialised functions such as Management, Finance and Compliance. We have provided a high-level summary of the profile below, but a more in-depth discussion can be pursued with interested candidates.

Responsibilities:

• Manage operations of the assigned projects with a direct team size of 40-50 team members.
• Lead a team of Deputy/Assistant Project Leaders, along with a team of Finance Leaders, Accountants, Tax Professionals and Financial/Secretarial Compliance Officers.
• Allocate resources and manage milestone deliveries & client collections.
• Ensure all accounting activities and internal audits comply with generally accepted accounting principles.
• Recommend cost-optimization solutions.

Requirements and skills:

• Entrepreneurial mindset with a client servicing attitude and a general commercial awareness.
• Able to manage Business verticals independently and handle P&L responsibility with prior reporting experience to internal senior management.
• In-depth understanding of cash flow management, bank reconciliation and bookkeeping.
• Hands-on experience with financial planning/budgeting, project risk management, data analysis and forecasting.
• Proficiency in accounting software/ERPs.
• Modern Leadership qualities with a lead-by-example approach. Solid analytical and decision-making skills.
• Prior experience in managing client finance operations, society accounting, society compliances and/or operations modelling will be a plus.

Detailed Job Profile:

I. Billing & AR Management:

• Planning & Publishing regular Billing Dashboard.
• Resolve client queries with the help of project teams.
• Responsible for providing timely confirmation on issuance of bills to clients.
• Intimation to the accountant for change in tariff due to surplus/deficit in quarterly/half yearly/annually financials after approval of the officer bearers on the client side.

II. Booking & Accounts:

• Review of Accounts.
• Passing of Journal entries as and when required.
• Managing client relationships independently.
• Publishing regular Accounting Dashboards.

III. Withholding Tax matters:

• Tracking of Monthly TDS for all Portfolios & publishing the Dashboard.
• Ensuring the filing of relevant returns within the due date.
• Validate the reconciliation of TDS return with Tally data.
• Any Notice/assessment from dept. needs to be handled/coordinated.

IV. Goods and Service Tax:

• Responsible for providing relevant inputs/workings to enable timely filing of relevant returns.
• Validate the reconciliation of GST returns with Neo/tally data (GSTR1, GSTR2b, GSTR3b).
• Any Notice/assessment from the GST department needs to be appropriately communicated to the seniors of the organization with the right inputs and support to resolve those queries.

V. Income Tax:

• Prepare and verify income computation.
• Plan and track Advance Tax Payments.
• Publish the Dashboard & ensure timely filing of Income-tax Returns.
• Provide relevant inputs for the computation of income-tax (COI) and passing appropriate entries in the books to give effect to the COI inputs.
• Any Notice/Assessment from the Income-tax department needs to be appropriately communicated to the seniors of the organization with the right inputs and support them to resolve those queries.

VI. Financial MIS:

• Closing Financial Statements (P&L, Balance Sheet, Cashflow).
• Weekly publication of Dashboard listing open items for all the Portfolio Accountants.
• Share All MIS needs with clients within established timelines, along with observation reports.
• Budget & CAM working preparation.
• Budget vs. Actuals – providing a variance analysis.

VII. Other:

• Virtually connect with Clients on urgent matters.

Interested candidates are requested to apply with their Resume / CV to [email protected] with the subject line “Application for Senior Project Lead Role – Mumbai” (as the case may be). We will reach out to you at the earliest if your profile is shortlisted for the role for a virtual/in-person interview.