Accoubts Executive

Real Estate Accounts Executive

Job Title: Accounts Executive - Real Estate

Department: Finance & Accounts

Reports to: Senior Management

Job Summary:

The Real Estate Accounts Head is a senior professional responsible for overseeing all financial and accounting operations for the organization. This role involves managing a wide range of accounting functions, from daily transactional tasks to high-level financial reporting and strategic financial management. The ideal candidate will have extensive experience in the real estate sector and a thorough understanding of financial regulations, tax laws, and accounting principles. They must be detail-oriented, highly organized, and possess strong leadership and communication skills.

Key Responsibilities:

• Financial Operations & Management:

o Oversee the end-to-end accounting cycle, ensuring accuracy and compliance.

o Manage and reconcile all financial transactions, including bank accounts and cash on hand.

o Verify invoices based on purchase orders, work orders, and delivery challans.

o Prepare and process vouchers, receipts, and invoices, ensuring proper entry into respective registers.

o Maintain separate debt and credit accounts for all vendors, contractors, suppliers, consultants, and professionals.

o Handle cash and cheque remittances and ensure timely deposits.

o Mark and confirm receipt of payments from clients and customers.

o Oversee online payments and confirm bank balances.

o Manage all accounts and financial transactions for joint ventures, partnerships, and accounts of directors, partners, their families, and HUF.

• Reporting & Compliance:

o File and organize invoices, proforma invoices, challans, vouchers, statutory notices, payment receipts, tax returns, and assessment bills.

o Prepare and file various tax returns, including GST, Income Tax, and other professional taxes.

o Make statutory payments to authorities such as SRA, MCGM, MSEDCL, and various government departments.

o Tally all accounts, bills, vouchers, and cash in hand.

o Prepare and dispatch correspondence to bankers and CAs, seeking acknowledgments for all sent documents and emails.

o Maintain and update all financial records and passbooks.

• Payment & Record Management:

o Process payments for various operational expenses, including utility bills (electricity, water, internet), maintenance charges, and taxes.

o Prepare cheques, and process online payments via RTGS, NEFT, or other modes.

o Enter invoices, vouchers, and online payments into accounting software like Tally or other relevant programs.

o Renew contractor agreements, ensuring clear understanding of revised terms and commercials.

o Manage digital financial records by uploading and downloading documents received via email or other applications.

Qualifications:

• Education: Bachelor's degree in Commerce, Accounting, Finance, or a related field. A Chartered Accountant (CA) qualification is highly preferred.
• Experience:

o Minimum of 3-6 years of experience in accounting.

o Extensive experience in the real estate or construction industry is mandatory.

o Proficiency in accounting software, particularly Tally, is essential.

o Proven experience in managing a team and handling complex financial records.

• Skills:

o Deep knowledge of accounting principles, financial regulations, and tax laws.

o Strong analytical, organizational, and problem-solving skills.

o Excellent communication and interpersonal skills.

o High level of accuracy and attention to detail.

o Ability to work under pressure and meet tight deadlines.

Job Type: Full-time

Pay: From ₹20,000.00 per month

Work Location: In person