Job Title: Senior Accountant
Location: Corporate Office (Kalyan –E)
Department: Finance & Accounts
Reports To: Finance & Accounts Manager
Job Summary:
Sonawane Group, a leading real estate development firm, is seeking an experienced and detail-oriented Senior Accountant to join our accounts & finance team. This role will be responsible for managing financial operations, ensuring compliance with accounting standards, and providing strategic financial insights to support the company’s growth. The ideal candidate will have a strong background in real estate accounting, financial reporting, and tax compliance.
Key Responsibilities:
Financial Accounting
- Daily accounting operations, including general ledger maintenance and journal entries.
- Prepare accurate and timely financial statements (monthly, quarterly, and annual).
- Ensure smooth month-end and year-end closing processes.
- Conduct account reconciliations and financial analysis to support business decisions.
Taxation & Compliance:
- Ensure compliance with tax regulations, including VAT, GST, and corporate tax filings.
- Liaise with auditors and regulatory authorities for financial audits and reporting.
- Stay updated on accounting standards, tax laws, and regulatory changes impacting the real estate sector.
Accounts Payable & Receivable:
- Manage accounts payable, accounts receivable, and bank reconciliations.
- Monitor payment schedules for vendors, contractors, and clients, ensuring timely transactions.
- Implement effective cash flow management strategies.
Project Accounting:
- Track project costs, revenue recognition, and expense allocations for ongoing developments.
- Handle escrow accounts, lease accounting, and financial reporting for real estate projects.
- Collaborate with project managers to ensure accurate and transparent financial tracking.
Financial Planning & Analysis:
- Conduct financial forecasting, budgeting, and variance analysis.
- Develop financial models and feasibility studies for real estate investments.
- Identify opportunities for cost optimization and process improvements.
Qualifications & Experience:
- Education: Bachelor’s or Master’s degree in Accounting, Finance
- Experience: Minimum 5-10 years of accounting experience, preferably in real estate or construction.
- Technical Skills:
- Strong knowledge of GAAP, and real estate accounting principles.
- Proficiency in accounting software (Tally).
- Advanced Microsoft Excel skills.
- Soft Skills:
- Strong analytical and problem-solving abilities.
- Excellent communication and interpersonal skills.
- High attention to detail and strong organizational skills.
