Job Description

1. Project-wise Accounting & Costing:

- Maintain separate books/project accounts for each real estate project as mandatory under RERA. Handle cancellations, penalties, and re-allotments as per RERA and accounting standards.

2. RERA Compliance:

- Quarterly reconciliation and certification of RERA project bank account. - Preparation of Form 1, Form 2, Form 3 and Annual Report (Form 5) taking into consideration the deposits and withdrawals and match with CA/Engineer certificates.

3. Banking & Project Finance:

- Manage multiple project-specific bank accounts + escrow accounts.

4. Statutory Compliance & Taxation:

- GST: Monthly/quarterly returns, Input Tax Credit reconciliation, RCM on development rights/TDR, reverse charge on contractors. Income Tax: - Advance tax calculation, tax audit (3CD), coordinate statutory audit, tax audit, GST audit, RERA audit etc.

5. Financial Reporting & Audit:

- Prepare monthly/quarterly project reports, consolidate financial statements and coordinate statutory audit, tax audit, GST audit, and RERA audit, analyze discrepancies and report to MD as and when required.

6. Budgeting & MIS:

- Prepare annual project budgets and cash flows and variance analysis (actual vs budget) on monthly basis and submit to the MD.

7. Team Management:

- 7. Team Management: -Supervise and guide junior accountants, review their work, set priorities, monitor bank reconciliations, customer ledgers, GST workings etc in periodic intervals.

8. Financial Accounting & Closing:

- Complete monthly/quarterly/yearly book closing within strict deadlines. Compilation of trial balance, P&L, balance sheet of all group companies and personal accounts.

9. Accounts Receivable (AR) & Credit Control:

- Customer ledger scrutiny, aging analysis, follow-up for overdue - Provision for doubtful debts - Reconciliation of customer statements

10. Accounts Payable (AP) & Vendor Management:

- Verify contractor/consultant bills against work orders, measurement books, and running bills and vendors invoices against PO/GRN/contract, ensure proper TDS/GST. Vendor reconciliation, payment runs, aging control - Negotiate credit terms with key vendors.

11. Banking:

- Daily cash & bank position reporting - Bank reconciliations, cheque/DD/RTGS/NEFT handling - LC/BG monitoring, interest/working capital tracking etc.

12. Legal Compliances:

- Maintain statutory registers required if any & assist in ROC filings board resolutions etc. related to finance.

13. Systems & ERP:

- Day-to-day user of Tally Prime - Master data maintenance, report customization, support required if any in ERP implementation/upgrades.

Job Type: Full-time

Pay: ₹600,000.00 - ₹1,100,000.00 per year

Ability to commute/relocate:

Navi Mumbai, Maharashtra: Reliably commute or planning to relocate before starting work (Preferred)
Application Question(s):

1. Years of Real Estate / Construction experience 2. Have you held end-to-end Profit & Loss ownership? 3. Have you independently handled RERA compliance and project-wise accounting? 4. What is your current CTC in Lacs per annum? 5. Have you led cross-functional teams (Finance, Projects, Sales, Purchase) 6. Do you have Business Development & Client Relationship skills? 7. Do you have in depth knowledge of construction workflow, approvals & real estate regulations. 8. Describe one decision where your financial + operational control improved profit or reduced cost.
Work Location: In person