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
