Job Description: Accounts Executive (RERA Audit & Accounting)

Firm : JB Patel & Associates

Location : Mumbai (In-Person)

Experience : 1-2 years in a CA firm or with a real estate developer (Added advantage)

Salary : ₹20,000 - ₹25,000 / month (Negotiable)

Role Overview

A specialized role focused on executing the end-to-end RERA compliance framework, project auditing, and financial verification for a diverse real estate developer portfolio. This position demands absolute precision in expense analysation , accounting reviews, and the statutory certification process.

Part 1: RERA Compliance & CertificationA. Form 3 Preparation & Fund Utilization

- Form 3 Certification : Review project bank accounts, booking collections, and development costs to prepare and certify Form 3 (CA Certificate) for quarterly updates.
- Fund Utilization Process : Audit and validate all withdrawals from the RERA-designated separate bank account, ensuring strict alignment with project construction and land cost thresholds.
- Expense Analysation : Conduct deep-dive analysis of vendor bills, contractor invoices, and land records to compute exact "cost incurred" versus "estimated cost."

B. Financial Verification & Working Papers

- Audit Trails : Organize and maintain clean audit trails of all vouchers, bank statements, and corresponding technical certificates backing each certification .
- Progress Trackers : Maintain detailed financial working sheets and fund-utilization trackers mapped to builder-buyer milestones.
- Cost Apportionment :



Accurately allocate common infrastructure and land costs using basic knowledge of Floor Space Index (FSI) and construction cycles.
- Portal Disclosures : Prepare data for Quarterly Progress Reports (QPR) and update financial metrics on the state RERA portal.

Part 2: Accounting Review & Audit SupportA. Accounting Review

- Ledger Scrutiny : Conduct regular ledger checking and transaction reviews in Tally/ERP to ensure proper classification of real estate expenses.
- Transaction Tracing : Perform end-to-end tracing of transactions from primary purchase bills to bank statements and general ledgers.
- Reconciliations : Reconcile project escrow accounts, passbooks, and commercial bank accounts against internal books of accounts.

B. Audit Support

- RERA Audit Assistance : Assist seniors and managers during annual statutory RERA audits by compiling data sheets and closing compliance checklists.
- Deadline Tracking : Update internal trackers to ensure zero-miss deadlines for all assigned client certifications and accounting closures.
- Qualification : B.Com / M.Com / CA Inter.
- Technical Skills : Robust command over TallyPrime and MS Excel (VLOOKUP, Pivots).
- Industry Knowledge : Baseline understanding of the builder/construction line (billing cycles, booking advances, and project phases).
- Key Attribute : Exceptional numerical accuracy, as RERA certifications carry formal legal accountability.

Work Location: In person

Pay: ₹20,000.00 - ₹25,000.00 per month

Work Location: In person

📌 Accounts Executive (Rera Audit & Accounting) (CBD Belapur)
🏢 Jb Patel E Associates
📍 CBD Belapur