- Maintain clean, project-wise books of accounts for ongoing real estate developments across Bangalore.
- Track site-specific construction expenses, material supplier invoices, and civil contractor bills (including retention money and mobilization advances).
- Handle monthly Bank Reconciliation Statements (BRS) for project operational and escrow accounts.
2. Billing & Accounts Receivable (AR)
- Track construction progress on-site and raise timely milestone-based demand notes to homebuyers.
- Reconcile customer ledgers, track collections, issue receipts, and manage the accounts receivable ageing report.
- Coordinate with the Bangalore-based CRM and sales teams to resolve customer payment queries and calculate delayed payment interest.
3. Statutory & Tax Compliance (Karnataka/India)
- Compute and process monthly TDS payments on contractor bills (Section 194C), qualified fees (Section 194J),
and purchase of immovable property (Section 194-IA).
- Assist in preparing data for monthly GST returns (GSTR-1 and GSTR-3B), keeping track of specific real estate GST rules (1% for affordable housing, 5% for standard residential, and 18% for commercial leasing).
- Conduct monthly Input Tax Credit (ITC) reconciliations via GSTR-2B to ensure vendor tax compliance.
- Assist the finance team in preparing financial certificates and filing K-RERA Quarterly Progress Reports (QPR).
- Process professional tax (PT) deductions and assist in structural audit documentation for BBMP/BDA approved projects.
Pay: ₹400,000.00 - ₹800,000.00 per year
Benefits
- Cell phone reimbursement
- Paid sick time
- Paid time off
- Provident Fund