Job Description

Role Overview:

The Accounts Receivable Lead will oversee project-level receivables for ongoing and completed residential projects. The role involves managing customer collections, reconciling receipts, preparing detailed MIS at unit and project levels, and ensuring accuracy in reporting. The ideal candidate should have hands-on experience with

Joint Development Agreements (JDAs)

-- both

area sharing and revenue sharing models

-- and proficiency in

Tally

.

Key Responsibilities:

1. Receivables Management

Track and monitor

customer receivables

from booking till unit handover, ensuring timely collections.

Follow up with CRM for disbursements and overdue payments.

Maintain

accurate customer accounts

in Tally and Salesforce with regular reconciliations. Share

project-wise collection and outstanding status reports

with management on a regular basis.

Track and maintain maintenance collections

from customers for both

ongoing and completed projects

, ensuring proper accounting and reporting.

2. JDA (Joint Development Agreement) Tracking

Maintain and reconcile

receivables for both area sharing and revenue sharing projects

. Coordinate with the Landowner/JD partner teams for tracking their share of receivables and reconciliation of accounts.

Share reports and coordinate with landowners

for projects under

revenue sharing models

, ensuring transparency and timely updates. Prepare project-level JDA statements showing

sales, collections, and payable/receivable balances

under each model.

3. MIS & Reporting

Prepare

detailed MIS at project level

, including: Unit-wise sales and collection data Outstanding position & overdue analysis Revenue vs. target tracking Consolidate and share weekly and monthly

collection dashboards

with management.

4. Accounting & Compliance

Oversee recording of all receipts

in

Tally

, ensuring linkage with project and unit details. Ensure

GST, TDS, and other statutory compliances

related to receipts. Coordinate with internal and statutory auditors for

AR schedules, confirmations, and reconciliations

.

5. Team Building & Training

Guide and supervise 2-3 team members handling data entry, reconciliation, and follow-ups.

Lead team-building initiatives and provide ongoing training and mentoring to junior staff

to enhance accuracy, accountability, and skill development. Ensure accuracy and timeliness of daily updates by the team. Support inter-departmental coordination with

Sales, CRM, Legal, and Finance

teams.

Key Skills & Competencies:

In-depth knowledge of

real estate receivables

and

JDA structures

(area & revenue sharing). Experience in

maintenance billing and collections

for real estate projects. Strong understanding of

Tally accounting

Proficient in

Excel, MIS reporting, and data analysis

. Ability to handle

large data sets

and maintain meticulous accuracy. Good communication and follow-up skills with internal teams. Organized, proactive, and detail-oriented with leadership capability.

Qualifications:

B.Com / M.Com / MBA (Finance)

Experience in

real estate or construction accounting

is

mandatory

Working knowledge of

Tally

and

Salesforce

is

essential

Familiarity with

GST / TDS provisions

and

revenue recognition norms

with respect to AR of residential real estate

Performance Indicators (KPIs):

Timeliness and accuracy of unit-level MIS and reconciliations Reduction in receivable aging and overdue amounts Accuracy of JDA project tracking and reporting Timeliness of MIS and audit submissions Team skill enhancement and efficiency improvements Effective maintenance collection tracking and reporting Team performance and task turnaround
Job Type: Full-time

Pay: ₹450,000.00 - ₹600,000.00 per year

Benefits:

Food provided Health insurance Paid sick time Provident Fund
Experience:

Real Estate/Construction: 2 years (Required)
Location:

HSR Layout, Bengaluru, Karnataka (Required)
Work Location: In person