Role & responsibilities

1. MIS Reporting & Collection Review

- Collections Dashboard & Variance Analysis: Prepare monthly and quarterly MIS collection dashboards, analyzing project-wise collection targets vs. actual inflows, identifying collection shortfalls, and highlighting variance drivers (e.g., milestone delays, customer defaults, cancellations, etc.).
- Accounts Receivable (AR) Aging Management: Maintain and monitor AR aging portfolios across project categories. Track overdue accounts, highlight high-risk non-recoverable cases, and recommend targeted recovery interventions.
- Cash Flow & Revenue Realisation Tracking: Monitor month-on-month cash realisations, track Development Management (DM) fee collections, and assist in forecasting monthly cash inflows to support treasury and working capital planning.
- Cross-Functional Coordination: Collaborate with Sales Support, CRM, Legal, and Treasury teams to track milestone completion, resolve payment disputes, and streamline loan sanction/disbursement processes.

2. Customer Accounts & Possession Clearances

- Financial Clearances: Review and issue final financial clearance certificates for customer flat possessions across projects.
- Maintenance & Fitout Deposit Accounting: Verify and transparent customer receipts for maintenance charges, fitout deposits, and interest ledger adjustments in SAP.
- Waivers & Approvals: Coordinate multi-level executive approvals for waivers, interest write-offs, and fee adjustments prior to issuing possession clearances.

3. SAP Financial Entries & System Operations

- FI Document Posting: Execute financial postings (FI entries) in SAP for customer accounting, credit notes, revenue entries, and project adjustments.
- Master Data Creation: Manage customer code creation and vendor setup in SAP for refunds, ensuring strict adherence to statutory compliance (e.g., Related Party Declarations under the Companies Act 2013).
- KYC & Customer Records Management: Review legal documentation (Aadhaar, PAN)



for customer name modifications and ensure system consistency prior to cheque generation or clearance.

4. Statutory Compliance (TDS & GST)

- TDS Verification: Cross-verify customer TDS certificate submissions (Form 132 / Form 168 / Form 26QB) against internal tax ledgers before releasing NOCs or possession approvals.
- Tax Accounting: Ensure precise accounting of GST, and TDS liabilities across group entities and SPVs

5. Refunds Management

- Customer Refunds: Track, process, and reconcile customer refunds (cancellations, excess payment adjustments, and online transaction refunds via gateway TIDs/RRs).
- Audit & Compliance Support: Gather undertakings, cancelled cheques, and customer declarations required by internal and external auditors before payment disbursements.

6. Legal & Regulatory Tracking

- Disputed Case Monitoring: Coordinate with the legal department to maintain MIS tracking on defaulted units, active customer litigations (RERA, High Court appeals, etc.), and order execution statuses.
- Restricted Ledger Controls: Enforce financial locks on units under legal proceedings to prevent unauthorized possession clearances or refund processing.

Preferred candidate profile

- MIS & Analytics: Expertise in building financial MIS reports, cash flow forecasting models, AR aging trackers, and executive variance decks using Advanced Excel.
- System Expertise: Hands-on experience with SAP (FI Module), WBS mapping, financial document posting, and customer master creation.
- Domain Knowledge: In-depth understanding of real estate revenue accounting, RERA guidelines, milestone billing schedules, and customer collection workflows.
- Taxation & Compliance: Strong working knowledge of Income Tax Section 194IA (TDS on immovable property), GST, and Companies Act 2013 related-party regulations.
- Interpersonal Skills: Proven ability to coordinate across cross-functional teams (Sales Support, CRM, Treasury, Legal, and Senior Leadership) to drive collection catch-ups and operational efficiency.

📌 Accounts Receivable Executive / Senior Executive (Mumbai)
🏢 Keystone Realtors
📍 Mumbai