Job Description

1. Role Overview

The Accounts Manager will oversee all financial and accounting operations of the project, ensuring accuracy in billing, receipts, vendor payments, project cost management, tax compliance, and financial reporting. The role demands strong financial discipline, real estate accounting experience, and the ability to support both management and CRM/Sales teams with timely financial data.

2. Key ResponsibilitiesA. Financial Accounting & Bookkeeping

Maintain accurate books of accounts as per accounting standards. Record day-to-day financial transactions--sales, receipts, expenses, and payments. Manage ledgers, journal entries, reconciliation, and financial statements.

B. Customer Billing & Receipts

Generate demand letters and tax invoices as per payment schedules. Track customer payments received (cheque, RTGS, NEFT, UPI, loan disbursements). Issue receipts promptly and share updates with CRM & Sales teams. Maintain customer outstanding reports and follow up on overdue payments.

C. Bank & Loan Coordination

Handle banking transactions, deposits, reconciliations, and account statements. Coordinate with banks for home loan disbursement requests. Track pending disbursements and ensure documentation is complete.

D. Vendor & Contractor Payments

Verify contractor running bills, measurement sheets, and approvals from the site team. Maintain vendor ledgers and ensure timely payments as per project cash flow. Evaluate discrepancies, hold disputed amounts, and release final settlements.

E. Taxation & Compliance

Manage GST billing, GST returns, TDS deductions, and TDS returns. Ensure compliance with all statutory requirements related to accounting. Maintain records for audits, RERA requirements, and internal financial reviews.

F. Project Cost Monitoring

Track block-wise, tower-wise, and activity-wise project expenditures. Compare planned budget vs actual spending and highlight deviations. Support management in preparing cash flow projections and monthly MIS.

G. Financial Reporting

Prepare monthly, quarterly, and annual financial statements. Generate MIS reports for sales, collections, expenses, profitability, and project status. Present financial insights and recommendations to senior management.

H. Coordination with Internal Teams

Work closely with CRM for receipts, customer invoicing, and NOCs. Coordinate with the site team for contractor bill verification. Support Sales with pricing sheets, revenue forecasts, and offer validations.

I. Audit & Documentation

Maintain all financial documents, agreements, vouchers, and registers. Assist external auditors with data, explanations, and reconciliations. Ensure secure storage and confidentiality of financial records.

3. Skills & Competencies Required

Strong knowledge of accounting principles and real estate finance. Expertise in Tally/ERP/accounting software. Proficiency in Excel (VLOOKUP, Pivot Table, MIS preparation). Excellent numerical accuracy, attention to detail, and documentation skills. Ability to manage pressure, deadlines, and multi-tasking. Strong ethical values and financial integrity.

4. Qualifications & Experience

B.Com / M.Com / MBA Finance / CA Inter (preferred). 4-12 years of experience in accounting (real estate experience preferred). Experience in GST, TDS, invoicing, bank reconciliation, and vendor management is mandatory.

5. Reporting Structure

Reports to: Director / Finance Head Coordinates with: Sales Team, CRM, Project Manager, Legal Team, Contractors, Bank Representatives

6. Key Performance Indicators (KPIs)

Accuracy in accounting entries and financial records Timely preparation of invoices and receipts Collection efficiency & management of outstanding amounts On-time GST/TDS compliance Accuracy in contractor bill verification Quality and timeliness of MIS reports Reduction in errors, disputes, and financial leakages

7. Ethical & Professional Expectations

Zero tolerance for financial mismanagement or irregularities. Maintain confidentiality of customer and company financial data. Transparent reporting and strict adherence to statutory norms. Honest and responsible handling of cash, cheques, and sensitive documents.
Job Type: Full-time

Pay: ₹25,000.00 - ₹35,000.00 per month

Benefits:

Commuter assistance Food provided Internet reimbursement
Ability to commute/relocate:

Danapur, Patna, Bihar: Reliably commute or planning to relocate before starting work (Required)
Application Question(s):

Have you worked in a real estate firm before?
Education:

Bachelor's (Preferred)
Experience:

Accounting: 7 years (Required) Account management: 5 years (Required)
Work Location: In person