Job Description: Accounts Executive (RERA Audit & Accounting)

Firm: JB Patel & Associates

Location: Mumbai (In-Person)

Experience: 1–2 years in a CA firm or with a real estate developer (Added advantage)

Salary: ₹20,000 – ₹25,000 / month (Negotiable)

Role Overview

A specialized role focused on executing the end-to-end RERA compliance framework, project auditing, and financial verification for a diverse real estate developer portfolio. This position demands absolute precision in expense analysation, accounting reviews, and the statutory certification process.

Part 1: RERA Compliance & CertificationA. Form 3 Preparation & Fund Utilization

- Form 3 Certification: Review project bank accounts, booking collections, and development costs to prepare and certify Form 3 (CA Certificate) for quarterly updates.
- Fund Utilization Process: Audit and validate all withdrawals from the RERA-designated separate bank account, ensuring strict alignment with project construction and land cost thresholds.
- Expense Analysation: Conduct deep-dive analysis of vendor bills, contractor invoices, and land records to compute exact "cost incurred" versus "estimated cost."

B. Financial Verification & Working Papers

- Audit Trails: Organize and maintain clean audit trails of all vouchers, bank statements, and corresponding technical certificates backing each certification.
- Progress Trackers: Maintain detailed financial working sheets and fund-utilization trackers mapped to builder-buyer milestones.
- Cost Apportionment:



Accurately allocate common infrastructure and land costs using basic knowledge of Floor Space Index (FSI) and construction cycles.
- Portal Disclosures: Prepare data for Quarterly Progress Reports (QPR) and update financial metrics on the state RERA portal.

Part 2: Accounting Review & Audit SupportA. Accounting Review

- Ledger Scrutiny: Conduct regular ledger checking and transaction reviews in Tally/ERP to ensure proper classification of real estate expenses.
- Transaction Tracing: Perform end-to-end tracing of transactions from primary purchase bills to bank statements and general ledgers.
- Reconciliations: Reconcile project escrow accounts, passbooks, and commercial bank accounts against internal books of accounts.

B. Audit Support

- RERA Audit Assistance: Assist seniors and managers during annual statutory RERA audits by compiling data sheets and closing compliance checklists.
- Deadline Tracking: Update internal trackers to ensure zero-miss deadlines for all assigned client certifications and accounting closures.

Candidate Profile

- Qualification: B.Com / M.Com / CA Inter.
- Technical Skills: Solid command over TallyPrime and MS Excel (VLOOKUP, Pivots).
- Industry Knowledge: Baseline understanding of the builder/construction line (billing cycles, booking advances, and project phases).
- Key Attribute: Exceptional numerical accuracy, as RERA certifications carry formal legal accountability.

Work Location: In person

Pay: ₹20,000.00 - ₹25,000.00 per month

Work Location: In person

📌 Accounts Executive (RERA Audit & Accounting) (India)
🏢 J B PATEL AND ASSOCIATES
📍 India