Job Description

Accounting ERP Specialist – Cost Structuring

Location: Kolkata

Company: NK Realtors

Employment Type: Full-time

About NK Realtors

NK Realtors is one of Eastern India‘s leading real estate advisory and marketing organizations with a legacy of excellence spanning over three decades. As we continue to strengthen our project delivery and financial governance capabilities, we are building a robust ERP-driven cost management framework to enable real-time visibility into project costs across multiple residential developments.

About the Role

We are looking for an Accounting ERP Specialist – Cost Structuring to design and implement the cost architecture within our ERP ecosystem. This is not a routine accounting operations role—it is a system-building opportunity for someone who enjoys translating complex business processes into scalable financial structures.

The successful candidate will develop an end-to-end cost framework that provides accurate project costing across land acquisition, construction, design, marketing, amenities, and corporate overheads while ensuring financial transparency and decision-ready reporting.

This role is ideal for professionals who want to build systems from the ground up rather than maintain existing processes.

Key Responsibilities

ERP Cost Structure Design

- Design and implement the Chart of Cost Accounts, Cost Centers, and Cost Categories within the ERP.
- Develop a scalable cost architecture for multiple projects across different cities.
- Configure BOQ-linked cost structures wherever applicable.
- Ensure the structure supports future business expansion and current project launches.

Cost Allocation & Project Accounting

- Develop logical and auditable cost allocation methodologies for:
- Shared corporate overheads
- Marketing expenses
- Design and architecture costs




- Administrative costs
- Phase-wise project capitalization
- Land acquisition and development costs
- Common infrastructure and amenities
- Ensure compliance with accounting standards and audit requirements.

Budgeting & Cost Monitoring

- Configure Budget vs. Actual reporting within the ERP.
- Develop meaningful variance reports for project leadership.
- Build intuitive dashboards that enable management to review project financial health quickly.
- Improve reporting visibility for founders, finance leaders, and project heads.

Business Process Integration

- Work closely with Project, Construction, Finance, Procurement, and Site teams to understand actual cost flows.
- Translate operational workflows into efficient ERP configurations.
- Identify process gaps and recommend improvements to enhance cost visibility and financial control.

Continuous Improvement

- Refine and optimize the ERP cost framework as projects evolve.
- Ensure consistency, scalability, and data integrity across all projects.
- Support automation initiatives related to project accounting and financial reporting.

Desired Candidate Profile

Experience

- 2–6 years of hands-on experience configuring Project Accounting or Cost Accounting modules within ERP systems.
- Experience with Tally Prime, SAP Business One, Oracle NetSuite, Zoho Books , or similar ERP platforms.
- Experience in real estate, infrastructure, EPC, construction, manufacturing,



or project-driven businesses is preferred.

Technical Competencies

- Strong understanding of:
- Cost Accounting
- Project Accounting
- Cost Allocation
- Overhead Absorption
- Capitalization vs. Expense Accounting
- Cost Center Accounting
- Budgeting & Variance Analysis
- Ability to build logical financial structures rather than simply operate existing ERP systems.
- Excellent analytical and problem-solving skills.

Behavioral Competencies

- Strong systems-thinking approach.
- Ability to simplify complex financial structures for business users.
- Comfortable working directly with founders, leadership teams, and cross-functional stakeholders.
- High ownership, attention to detail, and solution-oriented mindset.

Why Join NK Realtors?

- Opportunity to build a company-wide ERP cost architecture from the ground up.
- Work directly with leadership on high-impact business initiatives.
- Influence financial decision-making across multiple premium real estate developments.
- Be part of a fast-growing organization where your work directly shapes business outcomes.

Application Assignment (Mandatory)

Instead of a traditional cover letter, shortlisted applicants must submit a practical assignment demonstrating their approach to cost structuring.

Assignment

Design a Cost Structure Framework for a real estate company managing multiple simultaneous projects with shared corporate functions.

Your submission should include:

- Proposed Chart of Cost Accounts
- Cost Center hierarchy
- Cost Categories
- Project-wise allocation methodology
- Shared overhead allocation logic (Corporate, Design, Marketing, HR, Finance, etc.)
- Capitalization vs. Expense treatment
- Sample Budget vs. Actual reporting structure

📌 Accounting Specialist (Kolkata Metropolitan Area)
🏢 NKlusive
📍 Kolkata Metropolitan Area