Senior Accountant – Real Estate Department Finance & Accounts

Job Description – Senior Accountant (Real Estate)

Position :

Senior Accountant – Real Estate Department Finance & Accounts

Reporting To :

Finance Manager / Head of Finance / CFO

Experience :

5–8 Years (Minimum 3 years in the Real Estate/Construction industry as Accountant)

Qualification :

· B.Com / M.Com

· CA Inter / CMA Inter (Preferred)

· Practing of GST, TDS, Income Tax, RERA, and Companies Act.

· Proficiency in Tally ERP and Advanced MS Excel.

Job Summary :

The Senior Accountant will be responsible for managing end-to-end accounting operations, statutory compliance, financial reporting, project accounting, and cash flow management for real estate projects. The role requires strong analytical skills and hands-on experience in real estate accounting practices.

Key Responsibilities :

Financial Accounting

· Maintain the General Ledger and accounting records.

· Prepare monthly, quarterly, and annual financial statements.

· Review journal entries, ledgers, and trial balances.

· Perform bank, vendor, and customer reconciliations.

· Monitor Accounts Payable and Accounts Receivable.

Project Accounting

· Maintain project-wise accounting and cost allocation.

· Track construction costs, WIP (Work in Progress), and project profitability.

· Monitor budgets versus actual expenses.

· Prepare project MIS reports for management.

Statutory Compliance :

· Prepare and file GST returns.

· Manage TDS deductions, payments, and return filings.

· Ensure compliance with Income Tax provisions.

· Coordinate with auditors for Statutory Audit, Tax Audit, and Internal Audit.

· Ensure compliance with RERA financial reporting requirements.

Treasury & Banking

· Manage daily cash flow and fund utilization.

· Handle banking transactions and loan documentation.

· Prepare cash flow forecasts.

MIS & Reporting:

· Prepare monthly MIS reports.

· Analyze financial performance and key ratios.

· Present financial reports to management.

· Assist in budgeting and forecasting.

Internal Controls:

· Develop and maintain internal financial controls.

· Ensure proper documentation and accounting records.

· Improve accounting processes and SOPs.

Team Management

· Supervise junior accountants.

· Review accounting entries prepared by the team.

· Coordinate with procurement, sales, CRM, and project teams.

Required Skills

· Excellent accounting and financial reporting knowledge.

· Strong understanding of GST, TDS, Income Tax, and RERA.

· Project accounting experience.

· Advanced Excel (Pivot Tables, VLOOKUP/XLOOKUP, MIS, Dashboards). ERP/Tally proficiency.

· Analytical and problem-solving skills.

· Leadership and communication skills.

· High attention to detail.

Preferred Industry Experience

· Real Estate Developers

· Construction Companies

· Infrastructure Companies

· Property Development Firms

Key Performance Indicators (KPIs)

· Timely month-end closing.

· 100% statutory compliance.

· Accurate financial reporting.

· Budget variance analysis.

· Successful audit completion.

· Efficient cash flow management.

· Reduction in accounting errors.

Pay: ₹50,000.00 - ₹75,000.00 per month

Benefits:

• Health insurance
• Provident Fund

Application Question(s):

• Notice Period?
• current salary
• How many years experience you have in Real Estate?
• Where do you stay?

Work Location: In person