Job posting

Accountant – Banking & Payments — Dream India Realty

Location: [Mumbai office - Oshiwara ·

Type: Full time ·

Experience: 3–6 years ·

CTC: 5 to 6 lakhs

About us

Dream India Group has developed real estate since 2009, with over 2.2 million sq. ft. delivered across Mumbai and Hyderabad. Dream India Realty is building Dream Signature in Oshiwara (three towers of 45 floors), Dream Aspire in Lokhandwala and DZ City in Mumbra.

Role

You will manage every payment that leaves the company — to contractors, suppliers, consultants, tenants and lenders — and run our day-to-day banking so that sites never stop for want of funds and every rupee is approved and documented.

What you will do

• Check contractor RA bills and supplier invoices against approved POs, BOQ and goods receipts

• Prepare payment runs for approval and release them through net banking

• Deduct and deposit TDS on payments; track GST input credit on purchases

• Manage bank operations: daily bank position, FDs, loan EMIs, bank guarantees and KYC

• Reconcile vendor and contractor ledgers and handle petty cash

What we are looking for

• B.Com / M.Com; CA Inter or CA dropout preferred

• 3–6 years in accounts payable and banking, ideally with a real estate or construction company

• Working knowledge of TDS (194C, 194J, 194I, 194Q), GST input credit and corporate net banking

• Strong Tally Prime and Excel; ERP experience is a plus

• Discipline with approvals, documentation and deadlines

How to apply: Send your CV to [email] with the subject line Accountant – Banking & Payments.

Role purpose

Make sure every outgoing payment is correct, approved, on time and tax-compliant, and that the company's bank accounts, deposits and loan obligations are managed and reported every day.

Key responsibilities

1. Bills and payables





o Receive and log all contractor RA bills, supplier invoices and consultant bills

o Match each bill to the approved purchase order, BOQ quantities and site goods receipt / measurement sheet before booking

o Track retention money, mobilisation advances and their recovery from running bills

o Book expenses project-wise and cost-centre-wise in Tally / ERP

o Maintain the payables ageing and a schedule of upcoming payments

2. Payments

o Prepare weekly payment proposals for review by the Head of Accounts & Finance and approval by management

o Release approved payments through corporate net banking (NEFT / RTGS / IMPS) and cheques; no payment without documented approval

o Process transit rent and other payments to tenants and societies on SRA / redevelopment projects

o Process salary disbursement files with HR, and statutory payments (PF, ESIC, PT)

o Pay loan EMIs, interest and lender dues on schedule

3. Taxes on payments

o Deduct TDS correctly (194C, 194J, 194I, 194Q, 194-IA where applicable) and deposit by the 7th

o Prepare data for quarterly TDS returns (24Q, 26Q) and issue Form 16A

o Check GST invoices for compliance and reconcile input credit with GSTR-2B monthly

o Check vendor PAN, GSTIN and MSME status; make sure MSME vendors are paid within 45 days

4. Banking and treasury operations

o Prepare the daily bank position across all accounts and share it with the Head of Accounts & Finance each morning





o Coordinate withdrawals from MahaRERA accounts with the required certificates

o Manage fixed deposits, bank guarantees, letters of credit and overdraft / cash-credit limits

o Handle bank account opening, KYC, signatory mandates and net-banking user rights

o Manage petty cash with monthly imprest and vouchers

5. Reconciliations and reporting

o Monthly bank reconciliation for payment and loan accounts

o Vendor and contractor ledger reconciliation with their statements; resolve disputes with Purchase and site

o Loan account reconciliation with lender statements

o Weekly payables and cash-requirement report; monthly payments MIS per project

o Support statutory, tax and lender audits with schedules and documents

Key performance indicators

• No payment released without a matched bill and documented approval

• TDS and statutory dues deposited on time; zero interest or late fees

• Daily bank position shared before 11 am

• Contractor and supplier payments made within agreed credit terms; MSME vendors within 45 days

• GST input credit fully reconciled with GSTR-2B every month

• Bank, vendor and loan reconciliations submitted by the 5th, with no unexplained item older than 30 days

Qualifications and experience

• B.Com / M.Com; CA Inter, CA dropout or CMA Inter preferred

• 3–6 years in accounts payable, banking and TDS, at least 2 years with a real estate or construction company

• Experience with contractor RA bills, retention and BOQ-based billing

Skills

• Tally Prime (mandatory); ERP experience (Farvision, SAP or similar) is a plus

• Corporate net banking of major banks; TRACES and GST portal

• Advanced Excel

- • Integrity, discipline with approvals and confidentiality of banking credentials

📌 Accountant Banking & Payments (Mumbai)
🏢 CloudHire
📍 Mumbai