Bank Reconciliation Executive – Real Estate Projects

About the Role

We are looking for a Bank Reconciliation Executive to manage and monitor bank transactions and reconciliation activities across multiple real estate projects and entities. The candidate will be responsible for ensuring timely and accurate accounting of bank transactions, identifying unreconciled items and coordinating with internal teams and banks for resolution.

Key Responsibilities

 Prepare and maintain Ba nk Reconciliation Statements (BRS) for multiple projects, entities and bank accounts.

 Record and verify bank transactions in Tally ERP / Tally Prime.

 Reconcile bank statements with books of accounts and identify unmatched, missing or

duplicate transactions.

 Investigate and resolve unreconciled items such as bank charges, interest, direct credits/debits,

NEFT/RTGS/IMPS transactions and other bank entries.

 Ensure timely accounting of customer collections, vendor payments, loan transactions and other bank receipts/payments.

 Coordinate with Accounts, Sales, CRM, Project and Finance teams to identify and resolve

transaction mismatches.

 Coordinate with banks for obtaining statements, transaction details, confirmations and

clarification of unidentified transactions.

 Maintain project-wise and account-wise reconciliation records and ageing of unreconciled items.

 Monitor outstanding/reconciling items and ensure timely closure.

 Assist in reconciliation of CRM/customer collection data with bank credits and accounting

records.

 Assist in tracking project-wise bank balances and fund movements.

 Prepare periodic BRS and reconciliation MIS reports for management.

 Maintain proper documentation and supporting records for reconciliations and audit

requirements.

 Ensure confidentiality and accuracy of financial and banking information.

Excel & MIS Responsibilities

 Maintain reconciliation trackers and reports using MS Excel.

 Use Excel functions such as VLOOKUP/XLOOKUP,



SUMIFS, COUNTIFS, IF, Pivot

Tables, filters and conditional formatting.

 Prepare ageing reports for outstanding/unreconciled bank entries.

 Highlight significant or long-pending reconciliation items to the Finance Manager/Management.

 Assist in improving and automating reconciliation processes using Excel.

Required Skills & Qualifications

 Graduate in Commerce / Accounting / Finance, preferably B.Com.

 2–3 years of relevant experience, preferably with a real estate developer or construction

company.

 Positive working knowledge of Tally ERP / Tally Prime.

 Working knowledge of MS Excel.

 Good understanding of accounting entries and banking transactions.

 Strong reconciliation and analytical skills.

 Good attention to detail and accuracy.

 Ability to handle multiple bank accounts, projects and entities simultaneously.

 Good coordination and communication skills.

Preferred Experience

Experience in a real estate/construction company with multiple projects and bank accounts will be preferred.

Experience with the following will be an added advantage:

 Customer collection reconciliation

 CRM-to-bank reconciliation

 Project-wise bank accounting

 RERA bank accounts

 Loan and escrow accounts

 High-volume bank transactions

 Multiple entities and bank accounts

Ideal Candidate Profile

The ideal candidate should be detail-oriented, systematic and strong in reconciliation, with the ability to identify the reason behind unmatched transactions rather than merely reporting differences.

The candidate should be comfortable working with large volumes of bank data and multiple project-wise accounts and should be capable of independently following up with relevant departments to closereconciliation items.

Experience

2–3 years preferred, preferably in the Real Estate / Construction industry.

Reporting To

Accounts Manager / Finance Manager / CFO

Location

Belapur, Navi Mumbai

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

Work Location: In person

📌 Bank Reconciliation Executive- Real Estate Projects (Thane)
🏢 Delta Group
📍 Thane