Accounts : Real Estate

2 weeks ago

Nashik Maharashtra, India Aavesh Enterprises Full time

**Job Purpose**:
To manage and oversee accounting, financial reporting, and compliance activities for real estate projects, ensuring accuracy, transparency, and adherence to statutory and organizational standards. The role involves handling project-related accounts, vendor payments, client billing, and supporting audits and taxation for real estate operations.

**Key Responsibilities**:
**1. Accounting & Bookkeeping**
- Maintain accurate books of accounts (project-wise) in compliance with accounting standards.
- Record all day-to-day financial transactions including receipts, payments, sales, and purchases.
- Manage general ledger entries, journal vouchers, and reconciliations.
- Prepare and verify bills, vouchers, and supporting documents related to real estate projects.

**2. Project & Cost Accounting**
- Track project-related expenditures and budgets for multiple sites.
- Prepare project cost reports and monitor deviations between budgeted and actual expenses.
- Coordinate with project engineers and procurement for material and contractor billing verification.
- Maintain records of advances to contractors, suppliers, and customers.

**3. Receivables & Payables Management**
- Handle customer billing, installment tracking, and follow-up for outstanding payments.
- Process vendor invoices, verify contracts and work orders, and ensure timely payments.
- Maintain ageing reports for debtors and creditors and follow up accordingly.

**4. Financial Reporting**
- Prepare monthly, quarterly, and annual financial statements and MIS reports.
- Support management with cash flow projections, fund utilization, and profitability analysis.
- Ensure project-wise P&L and balance sheet reporting.

**5. Taxation & Compliance**
- Ensure compliance with GST, TDS, RERA, and other applicable laws.
- Prepare and file GST returns, TDS returns, and other statutory submissions.
- Support internal, statutory, and tax audits by providing required data and reconciliations.
- Liaise with consultants, auditors, and government authorities for compliance matters.

**6. Banking & Treasury**
- Handle daily banking activities, fund transfers, and bank reconciliations.
- Coordinate with banks for project finance, loans, and documentation.
- Monitor fund inflows and outflows to maintain adequate working capital.

**Skills & Competencies**:

- Strong knowledge of **real estate accounting practices** and **project cost tracking**:

- Proficiency in **Tally ERP / SAP / Oracle** or other accounting software
- Sound understanding of **GST, TDS, and RERA compliance**:

- Analytical and detail-oriented approach
- Good communication and coordination skills with cross-functional teams

**Qualifications & Experience**:

- **Education**: B.Com / M.Com / MBA (Finance) / Chartered Accountant (Inter/Final)
- **Experience**: 3-7 years in real estate, construction, or infrastructure accounting
- **Preferred Exposure**: Project accounting, contractor billing, and compliance handling

**Job Types**: Full-time, Permanent

Pay: ₹20,000.00 - ₹30,000.00 per month

**Benefits**:

- Provident Fund

Work Location: In person

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