14 Nov
|
South Face Developers
|
Nagercoil
14 Nov
South Face Developers
Nagercoil
Role & responsibilities
Senior Accountant Job Description
Why this role exists
Every project we deliver runs on its numbers: what we pay to assemble the land, what it costs to build, and what we collect from buyers. We need a senior accountant to own the accounting across all three stages and give leadership project-level figures they can trust and act on.
About us
South Face Developers is a real estate startup based in Nagercoil, Tamil Nadu. We aggregate land from multiple owners, build on it, and sell the finished plots and units to buyers. As our first senior finance hire, you will build the accounting setup from the ground up and work directly with the founders on investment decisions.
About the role
You will report to the Founderand work closely with the land, construction and sales teams, as well as our lenders. Within 12 months, you will have a close that finishes on a set calendar each month, a full cost picture for every project from land to handover, and buyer collections tracked and reconciled without gaps. This is an on-site role at our Nagercoil office, because much of the work depends on time with project teams.
What you'll do
- Land aggregation: Account for land purchases from multiple owners, including advances, part-payments, stamp duty, registration and conversion costs. Track each parcel's cost, patta and title status against the project it belongs to.
- Construction: Run project and job-cost accounting, tracking actuals against budget by cost code. Process contractor bills, retention and advances, and flag overruns early.
- Sales: Record bookings and buyer agreements, raise milestone-based demands, and track collections and receivables by unit. Recognize revenue correctly and handle cancellations, refunds and broker commissions.
- Close and reporting:
Own the month-end close, including journal entries, accruals, reconciliations and the trial balance. Produce project profitability reports covering land, construction and sales.
- Financing: Prepare bank loan disbursement requests, RERA designated project account reconciliations (the 70% account), and compliance reporting.
- Tax, audit and controls: Support statutory audit, GST, TDS and income tax filings with outside advisors. Set up approvals and controls in payables, receivables and land payments.
What we're looking for
Preferred candidate profile
Preferred
- Highly preferred: 3+ years of accounting experience in a real estate firm, with hands-on work in land acquisition, construction job costing, or property sales and collections.
- Experience with all three stages: land, construction and sales.
- Experience with TNRERA compliance, including project account withdrawals and CA certificates, or bank loan compliance.
- Experience with real estate or construction ERP software (for example Tally Prime, Farvision, SAP or Zoho Books).
- Experience with multi-entity structures, joint development agreements or landowner revenue-sharing arrangements.
Location and compensation
Perks and perks
Required
- 5+ years of accounting experience, with at least 2 years owning or leading a month-end close.
- CA Inter, or a degree in commerce, accounting or finance (such as B.Com, M.Com or MBA Finance). CA qualification is not required.
- Working knowledge of Ind AS or Indian GAAP, GST and TDS, including cost capitalization and revenue recognition.
- Advanced Excel skills: lookups, pivot tables and building reconciliation workbooks.
- Location: On-site, Nagercoil, Tamil Nadu. Occasional site visits to active projects.
- Schedule: Full-time.
- Salary: [17-25k per month]
📌 Accountant (Nagercoil)
🏢 South Face Developers
📍 Nagercoil