The Senior Accounts Manager will be responsible for end-to-end financial management of Resident Welfare Associations (RWAs), ensuring transparency, compliance, and effective coordination during operational and financial handovers. The role requires strong expertise in budgeting, audits, fund management, and stakeholder engagement with RWAs.
Key
Responsibilities
RWA Accounts
Management
Manage and oversee complete accounting operations for RWAs across
projects.
Ensure accurate maintenance of books of accounts, ledgers, and
statutory records.
Monitor financial transitions during HOTO (EM to RWA), ensuring
compliance and transparency.
Budgeting
& Financial Planning
Prepare annual budgets (OPEX & CAPEX) in coordination with site
teams.
Track budget vs actuals and highlight variances with corrective
actions.
Support long-term financial planning including reserve and corpus
fund management.
Statement of
Accounts (SOA) & Reporting
Don't want to miss the next one?
Subscribe to daily email alerts for roles matching your interests.
Prepare and present detailed Statement of Accounts (SOA) for RWAs.
Ensure timely submission of monthly, quarterly, and annual
financial reports.
Provide actionable insights to management and RWAs for financial
decision-making.
Fund
Management (Sinking / Corpus / Maintenance Funds)
Manage settlement of sinking fund, corpus fund, and other reserves
with RWAs.
Lead discussions with RWAs for financial closures, reconciliation,
and final settlements.
Ensure adherence to agreed terms and minimize financial
escalations.
Audit
Planning & Compliance
Plan and coordinate internal and external audits for RWA accounts.
Ensure readiness of financial documents and compliance with audit
requirements.
Address audit observations and implement corrective actions.
Expense
Control & Cost Optimization
Monitor monthly expenses across sites and ensure cost control.
Review vendor payments and validate expense justifications.
Identify opportunities for cost optimization without impacting
service quality.
Stakeholder
Management (RWA Interface)
Act as the primary finance interface for RWAs.
Conduct regular meetings with RWAs to review accounts, budgets, and
financial issues.
Handle escalations related to financial matters, ensuring timely
resolution.
Team
Management
Lead and manage the accounts team across multiple sites.
Provide guidance, training, and performance monitoring.
Ensure adherence to SOPs, timelines, and quality standards.
Site Visits
& Operational Support
Regularly visit sites to review financial practices and support
site teams.
Guide estate and facility teams on financial processes and
controls.
Ensure alignment between site operations and financial governance.
Key Skills & Competencies
Strong knowledge of accounting principles, taxation, and compliance
Experience in RWA / housing society accounting is mandatory
Expertise in budgeting, financial analysis, and reporting
Strong stakeholder management and negotiation skills
Ability to handle audits and complex financial reconciliations
Leadership and team management capabilities
Proficiency in accounting software / ERP systems
Key Success Metrics
Timely closure of financial handovers (HOTO)
Accuracy and timeliness of SOA and reports
Reduction in financial escalations from RWAs
Audit compliance and closure of observations
Effective cost control and budget adherence
Alignment to the Function
This role is critical in ensuring smooth financial transition and sustained operational credibility with RWAs, particularly during high-volume handovers and large township managementaligned to estates & CCS operational excellence
Similar roles you might like
More openings like this one — take a look before you go.
