Job Description – Accountant

Position: Accountant
Industry: Real Estate
Employment Type: Full-Time
Experience: 5–8 years

Key Responsibilities

- Create detailed journal entries and post them to the general ledger (GL) to track all income statements and expenses
- Record sales, purchases, receipts, payments, expenses, and other financial transactions.
- Handle all accounts payable and receivable on a daily basis, week basis and monthly basis to make sure each invoice and expense report is accurate
- Prepare and maintain bank, cash, customer, vendor, and ledger reconciliations.
- Monitor customer payments, outstanding receivables, and collections.
- Maintain records of property sales, bookings, advances, and related transactions.
- Prepare monthly, quarterly, and annual financial reports.
- Assist with budgeting, cash-flow management, and financial analysis.
- Track contractor bills, retention amounts, advances, and adjustments.
- Perform daily/weekly bank reconciliations and monitor bank balances and transactions.
- Ensure timely compliance with GST, TDS, income tax, and other applicable statutory requirements.
- Reconcile purchase and sales data with GST records and assist in preparation and filing of GST returns.
- Coordinate with auditors, tax consultants, banks, vendors, and other external parties.
- Assist in preparing documentation for audits and statutory filings.
- Verify invoices, expenses, supporting documents, and payment requests.
- Maintain proper documentation and filing of financial records.
- Support management with financial information and accounting reports as required.
- Ensure compliance with company accounting policies and applicable regulations.
- Track booking amounts, advances, instalments, and outstanding balances.




- Prepare customer outstanding reports and ageing reports and Reconcile customer accounts and resolve discrepancies
- Process refunds and cancellation settlements after necessary approvals.
- Maintain project-wise accounts for individual properties and developments.
- Track project expenses, construction costs, land costs, professional fees, approvals, and other project-related expenses.
- Maintain records of property bookings, cancellations, transfers, advances, and final settlements.
- Record customer advances and adjust them against sales as applicable.
- Track project-wise revenue, expenses, profitability, and cash flow.
- Maintain cost sheets and project-wise financial statements.
- Reconcile project expenses with budgets and approved estimates.
- Coordinate with project, sales, procurement, and management teams for accounting information.
- Maintain financial records and documentation required for real-estate projects.
- Assist in maintaining project-wise records for RERA-related compliance.
- Coordinate with management, legal teams, auditors, and consultants for financial documentation.
- Maintain proper records of project collections and expenses.
- Ensure accounting records are properly supported and available for audit/compliance requirements.
- Customer outstanding report and customer collection report.
- Sales and collection MIS.
- Project-wise expense report,



project-wise profitability report and Project cost analysis.

Requirements

- Bachelor's degree in Accounting, Finance, Commerce, or a related field.
- 5–8 years of relevant accounting experience; experience in the real-estate or construction industry is preferred.
- Strong knowledge of accounting principles and financial reporting.
- Good understanding of GST, TDS, and income-tax compliance.
- Experience with accounting software such as Tally Prime , SAP, or similar ERP systems.
- Good knowledge of MS Excel.
- Strong attention to detail and numerical accuracy.
- Positive communication and organizational skills.
- Ability to work independently and meet deadlines.

Preferred Skills

- Experience in handling real-estate project accounts.
- Knowledge of property sales and customer accounting.
- Experience with project-wise accounting and cost tracking.
- Knowledge of RERA-related financial documentation is an advantage.
- B.Com/ M.Com qualification or relevant professional certification will be an added advantage.

Technical Skills

- Tally Prime / ERP
- MS Excel – VLOOKUP/XLOOKUP, Pivot Tables, SUMIF/SUMIFS, basic formulas
- GST portal and related compliance processes.
- TDS compliance and reconciliation.
- Bank reconciliation.
- Financial reporting.
- Ledger reconciliation.
- Project accounting.

Preferred Candidates: Real Estate Experience is Mandatory

Job Type: Full-time

Pay: ₹30,000.00 - ₹60,000.00 per month

Ability to commute/relocate:

- Jayanagar, Bengaluru, Karnataka: Reliably commute or planning to relocate before starting work (Preferred)

Education:

- Master's (Preferred)

Willingness to travel:

- 25% (Preferred)

Work Location: In person

📌 Senior Accountant - Real Estate (Jayanagar)
🏢 Amberstone Properties
📍 Jayanagar