Key Roles & Responsibilities
Project Accounting
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.
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.
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 qualified tax (PT) deductions and assist in structural audit documentation for BBMP/BDA approved projects.
Pay: ₹400,000.00 - ₹800,000.00 per year
Perks
Cell phone reimbursement
Paid sick time
Paid time off
Provident Fund
Work Location: In person
📌 Sr Accounts Executive Koramangala
🏢 D-Expo Realty
📍 Koramangala
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