Role & responsibilities

Accountant

6 Days working

Key Responsibilities

- Strategy & Fundraising
- Build project feasibility and cash-flow models covering member

obligations, premiums, TDR, construction, finance costs and sales
- Raise and manage project funding from banks, NBFCs, AIFs and equity

partners, and negotiate terms, security and covenants
- Manage investor relationships and help structure fund and co-

investment arrangements
- Treasury & Society Commitments
- Manage cash flow, customer collections, banking relationships, credit

limits and escrow accounts
- Plan funds for MCGM premiums, TDR purchases, stamp duty and

construction milestones
- Issue and track bank guarantees to societies, and make sure member

rent, corpus and shifting payments go out on time
- Prepare financial credentials for society tenders and present them to

society committees and PMCs. These include audited financials, net worth and solvency certificates, and comfort letters from lenders and investors.
- Accounting, Reporting & Controls
- Oversee books of accounts, project-wise costing and revenue

recognition (Ind AS 115 or the ICAI Guidance Note, as applicable)
- Deliver monthly MIS, budget-vs-actual and project cash-flow reports to

the promoters
- Finalise accounts and manage statutory,



tax and internal audits
- Strengthen internal controls, including approval matrices, contractor bill

checks, payment authorisation and ERP systems
- Build, lead and develop the accounts team
- Tax & Regulatory Compliance
- MahaRERA: designated project accounts, CA withdrawal certificates,

quarterly updates and annual audited statements
- GST and income tax, including issues specific to redevelopment

(development rights, TDR/FSI, members' units, TDS)
- ROC/MCA compliance, working with legal and secretarial advisors

- Candidate Profile
- Chartered Accountant; a CFA or MBA (Finance) is a plus
- 5+ years of experience after qualifying, including 3+ years leading

finance at a Mumbai residential developer
- Experience with society redevelopment strongly preferred
- Proven record of raising project finance and managing lender

relationships
- Robust command of MahaRERA, GST and income tax as they apply to

real estate
- Skilled in ERP and accounting systems (SAP, Farvision, Tally or similar)
- High integrity and discretion; comfortable in a hands-on, promoter-led

company
- Confident communicator with lenders, investors, auditors and society

Preferred candidate profile

📌 Accountant_ (Mumbai)
🏢 ZODIAC HR CONSULTANTS
📍 Mumbai