Roles & Responsibilities

1. Accounting & Financial Management

- Supervise day-to-day accounting operations and ensure accurate maintenance of books of accounts.
- Oversee general ledger, accounts payable, accounts receivable and bank reconciliations.
- Review accounting entries, journal vouchers, provisions and adjustments.
- Ensure timely monthly, quarterly and annual closing of accounts.
- Prepare and review financial statements, including balance sheets, profit and loss statements and cash flow statements.
- Maintain project-wise and entity-wise accounting records.
- Monitor intercompany transactions, partner capital accounts and loans.
- Ensure adherence to applicable accounting standards and company policies.

2. Real Estate Project Accounting

- Maintain project-wise cost records and profitability statements.
- Track construction expenditure against approved budgets.
- Monitor contractor bills, vendor payments, retention amounts, advances and reconciliations.
- Review accounting for land acquisition, development rights, redevelopment obligations and project expenses.
- Track customer collections, outstanding receivables and project cash flows.
- Coordinate with construction, procurement, sales and CRM departments to ensure accurate financial reporting.
- Prepare project-wise cost-to-complete statements and financial MIS.

3. Direct & Indirect Taxation

- Ensure timely and accurate GST compliance, including GSTR-1, GSTR-3B and applicable reconciliations.
- Review input tax credit eligibility and GST treatment of real estate transactions.
- Oversee TDS/TCS deductions, payments, returns and reconciliations.
- Coordinate income tax computations,



advance tax payments and annual return filings.
- Assist in handling income tax and GST assessments, notices and departmental queries.
- Work with external tax consultants to ensure tax-efficient and compliant transactions
- Maintain updated knowledge of taxation applicable to real estate development, redevelopment and construction.

4. Banking, Treasury & Cash Flow Management

- Prepare periodic cash flow statements and fund requirement reports.
- Monitor banking transactions, loan accounts, interest calculations and repayment schedules.
- Coordinate with banks for project finance, working capital facilities and documentation.
- Track utilisation of project funds and compliance with lending conditions.
- Prepare financial information required by banks and financial institutions.
- Monitor receivables, payables and upcoming financial commitments.

5. Financial Planning, Budgeting & MIS

- Prepare monthly management information reports.
- Develop project-wise budget-versus-actual statements.
- Analyse cost overruns, profitability, cash flow gaps and financial variances.
- Prepare financial dashboards for management review.
- Assist in annual budgeting, forecasting and financial planning.
- Identify opportunities for cost optimisation and improvements in financial controls.




- Present key financial observations and actionable recommendations to management.

6. Statutory Compliance & Audit

- Coordinate statutory audits, tax audits, internal audits and other regulatory audits.
- Ensure timely completion of statutory filings and applicable financial disclosures.
- Support financial compliance under RERA and other applicable real estate regulations.
- Maintain proper accounting documentation, records and audit trails.
- Identify financial control weaknesses and implement corrective measures.
- Coordinate with company secretaries, auditors and legal consultants on finance-related matters.

7. Internal Controls & Process Improvement

- Establish and strengthen accounting procedures, approval systems and financial controls.
- Review payment authorisations and supporting documentation.
- Implement checks to prevent accounting errors, duplicate payments and financial irregularities.
- Improve accounting automation, reporting accuracy and efficiency.
- Supervise and guide junior accounts team members.
- Ensure compliance with internal financial policies and approval matrices.

Requirements

Skills

- Strong analytical and problem-solving abilities.
- High standards of accuracy, integrity and accountability.
- Ability to independently manage responsibilities and meet deadlines.
- Commercial understanding of real estate development.
- Robust communication and interdepartmental coordination skills.
- Proactive approach to identifying financial risks and improving processes.
- Ability to lead and develop an accounts team.

📌 Chartered Accountant (Mumbai Suburban)
🏢 Quick Placements
📍 Mumbai Suburban