Skip to content

Chartered Accountant For Real Estate Co | Chembur, Mumbai | Up to 12 LPA

Company

QUICK PLACEMENTS

Location
Mumbai
Pay
₹12 LPA
Experience
4+ yrs
Posted
Posted Yesterday

Experienced CA


Job description

Company Details: A renowned Real Estate Company.Job Location Chembur, MumbaiSalary Offered Up To 12 LPAQualification Qualified Chartered AccountantExperience 4+ yearsWorking Days Monday to SaturdayOffice Timings 10:00 AM - 07:00 PMRoles & Responsibilities:1. Accounting & Financial ManagementSupervise day-to-day accounting operations and ensure accurate maintenance of books of accounts.Oversee general ledger, accounts payable, accounts receivable and bank reconciliations.Review accounting entries, journal vouchers, provisions and adjustments.Ensure timely monthly, quarterly and annual closing of accounts.Prepare and review financial statements, including balance sheets, profit and loss statements and cash flow statements.Maintain project-wise and entity-wise accounting records.Monitor intercompany transactions, partner capital accounts and loans.Ensure adherence to applicable accounting standards and company policies.2. Real Estate Project AccountingMaintain project-wise cost records and profitability statements.Track construction expenditure against approved budgets.Monitor contractor bills, vendor payments, retention amounts, advances and reconciliations.Review accounting for land acquisition, development rights, redevelopment obligations and project expenses.Track customer collections, outstanding receivables and project cash flows.Coordinate with construction, procurement, sales and CRM departments to ensure accurate financial reporting.Prepare project-wise cost-to-complete statements and financial MIS.3. Direct & Indirect TaxationEnsure timely and accurate GST compliance, including GSTR-1, GSTR-3B and applicable reconciliations.Review input tax credit eligibility and GST treatment of real estate transactions.Oversee TDS/TCS deductions, payments, returns and reconciliations.Coordinate income tax computations, advance tax payments and annual return filings.Assist in handling income tax and GST assessments, notices and departmental queries.Work with external tax consultants to ensure tax-efficient and compliant transactions.Maintain updated knowledge of taxation applicable to real estate development, redevelopment and construction.4. Banking, Treasury & Cash Flow ManagementPrepare periodic cash flow statements and fund requirement reports.Monitor banking transactions, loan accounts, interest calculations and repayment schedules.Coordinate with banks for project finance, working capital facilities and documentation.Track utilisation of project funds and compliance with lending conditions.Prepare financial information required by banks and financial institutions.Monitor receivables, payables and upcoming financial commitments.5. Financial Planning, Budgeting & MISPrepare monthly management information reports.Develop project-wise budget-versus-actual statements.Analyse cost overruns, profitability, cash flow gaps and financial variances.Prepare financial dashboards for management review.Assist in annual budgeting, forecasting and financial planning.Identify opportunities for cost optimisation and improvements in financial controls.Present key financial observations and actionable recommendations to management.6. Statutory Compliance & AuditCoordinate statutory audits, tax audits, internal audits and other regulatory audits.Ensure timely completion of statutory filings and applicable financial disclosures.Support financial compliance under RERA and other applicable real estate regulations.Maintain proper accounting documentation, records and audit trails.Identify financial control weaknesses and implement corrective measures.Coordinate with company secretaries, auditors and legal consultants on finance-related matters.7. Internal Controls & Process ImprovementEstablish and strengthen accounting procedures, approval systems and financial controls.Review payment authorisations and supporting documentation.Implement checks to prevent accounting errors, duplicate payments and financial irregularities.Improve accounting automation, reporting accuracy and efficiency.Supervise and guide junior accounts team members.Ensure compliance with internal financial policies and approval matrices.SkillsStrong analytical and problem-solving abilities.High standards of accuracy, integrity and accountability.Ability to independently manage responsibilities and meet deadlines.Commercial understanding of real estate development.Strong communication and interdepartmental coordination skills.Proactive approach to identifying financial risks and improving processes.Ability to lead and develop an accounts team.

Required skills

  • Accounting
  • Audit
  • Bookkeeping
  • Direct Tax
  • Financial Planning and Analysis
  • Financial Reporting
  • GST
  • TDS
  • Taxation
  • Treasury

Similar jobs