JOB DESCRIPTION – ACCOUNTS MANAGER

Industry: Real Estate & Construction Experience Required: 10–12 Years Department: Accounts & Finance Designation: Accounts Manager 1. Job Summary We are looking for an experienced and result-oriented Accounts Manager with 10–12 years of experience in the Real Estate & Construction industry. The candidate will be responsible for managing day-to-day accounting operations, financial reporting, taxation, banking, project-wise accounting, statutory compliance, audits, and coordination with internal and external stakeholders. The ideal candidate should have strong technical knowledge of accounting principles, real estate project accounting, GST, TDS, Income Tax, RERA compliance, and proficiency in Tally, Highrise, Winman, and TaxPower software. 2. Key Responsibilities A. Accounting & Financial Management

Oversee day-to-day accounting operations and ensure accurate and timely recording of financial transactions.
Review and supervise the preparation of journal entries, ledger scrutiny, bank reconciliation, vendor/customer reconciliations, and trial balances.
Ensure proper accounting of revenue, expenses, advances, capital expenditure, loans, and other financial transactions.
Manage project-wise accounting, cost allocation, and financial tracking for ongoing and completed real estate projects.
Review monthly, quarterly, and annual financial statements, including Balance Sheet, Profit & Loss Account, and supporting schedules.
Monitor sundry creditors, debtors, outstanding advances, and inter-firm transactions.
Ensure proper maintenance of books of accounts for multiple companies, LLPs, and project entities.

B. Real Estate & Project Accounting

Handle accounting for real estate development, construction, land acquisition, and project-related transactions.
Monitor project budgets, construction costs, development expenses, and project profitability.
Reconcile project-wise collections, customer advances, receivables, and outstanding balances.
Review accounting treatment of land purchases, development rights, contractor bills, capital work-in-progress, and project expenses.
Coordinate with project, purchase, sales, legal, and CRM teams for accurate financial records.
Monitor project cash flows and provide financial information to management for decision-making.

C. Taxation & Statutory Compliance

Supervise GST compliance, including GSTR-1, GSTR-3B, GSTR-2B reconciliation, input tax credit verification, and GST payments.
Ensure timely TDS/TCS deductions, payments, return filings, and reconciliation.
Handle Income Tax computations, advance tax, tax audits, and related documentation.
Coordinate with Chartered Accountants and tax consultants for tax assessments, notices, and statutory requirements.
Ensure compliance with applicable accounting standards and statutory regulations.
Maintain proper documentation and records for GST, Income Tax, TDS, and other statutory audits.

D. MahaRERA Compliance

Coordinate preparation and review of MahaRERA Form 3 and related CA-certified financial information.
Monitor project-wise RERA collections, withdrawals, designated bank accounts, and fund utilisation.
Ensure reconciliation of RERA bank accounts with books of accounts and project records.
Coordinate with the CA and project teams for Form 1, Form 2, Form 3, quarterly progress reports, and related compliance requirements.
Monitor project cost details, estimated costs, actual expenditure, and fund utilisation as per applicable RERA requirements.

E. Banking & Treasury Management

Manage current accounts, RERA accounts, collection accounts, escrow accounts, and other project-related bank accounts.
Coordinate with banks for account opening, internet banking, CMS facilities, payment authorisations, and banking documentation.
Monitor bank balances, fund transfers, payment schedules, loan transactions, and cash flow requirements.
Prepare bank reconciliation statements and investigate outstanding or unexplained transactions.
Ensure timely vendor payments, statutory payments, and other financial obligations.

F. Audit & Internal Controls

Coordinate statutory audits, tax audits, internal audits, GST audits, and other financial reviews.
Prepare audit schedules, supporting documents, ledger details, reconciliations, and audit working papers.
Ensure compliance with internal financial controls, approval processes, and accounting policies.
Identify accounting discrepancies, control weaknesses, and process gaps, and recommend corrective measures.
Follow up on audit observations and ensure timely closure of pending queries.

G. MIS & Management Reporting

Prepare monthly financial reports, project-wise profitability statements, budget-versus-actual reports, and cash flow statements.
Provide management with accurate financial data, key variances, cost analysis, and actionable insights.
Monitor project collections, receivables, outstanding liabilities, expenses, and financial commitments.
Ensure timely submission of monthly MIS and other management reports.
Analyse financial trends and support management in budgeting and financial planning.

H. Team Management & Coordination

Supervise, guide, and train the accounts team.
Allocate work, monitor deliverables, and ensure timely completion of accounting and compliance activities.
Review team performance and maintain accuracy, discipline, and accountability.
Coordinate with management, HR, legal, purchase, sales, project teams, auditors, consultants, vendors, and customers.
Develop and implement standard operating procedures (SOPs) to improve departmental efficiency.

3. Software & Technical Skills Mandatory software knowledge:

Tally ERP 9 / TallyPrime: Accounting, ledger scrutiny, bank reconciliation, GST, TDS, and financial reporting.
Highrise: Real estate project accounting, customer/vendor transactions, project records, and related financial reports.
Winman: Income Tax computations, tax audit-related work, and tax compliance.
TaxPower: Taxation, return preparation, and related compliance activities.

The candidate should be comfortable working with Excel, including Pivot Tables, VLOOKUP/XLOOKUP, SUMIFS, data reconciliation, and financial reporting. 4. Educational Qualifications

https://jobeax.com/link/qWXnjFgQhSFTUarO [ / https://jobeax.com/link/ZrBIZ59t5D5W9yrg [ / MBA (Finance) or equivalent qualification.
CA Inter / CMA Inter qualification will be an added advantage.
Strong knowledge of accounting principles, taxation, financial reporting, and statutory compliance.

5. Required Experience & Competencies

10–12 years of relevant experience in Accounts & Finance, preferably in the Real Estate & Construction industry.
Practical experience in handling multiple companies, LLPs, and project-wise accounts.
Strong knowledge of GST, TDS, Income Tax, audits, and MahaRERA compliance.
Experience in financial reporting, project costing, cash flow management, and banking operations.
Good analytical, problem-solving, communication, and team-management skills.
High level of accuracy, integrity, ownership, and ability to meet deadlines.
Ability to work independently and coordinate effectively with management and cross-functional teams.

6. Key Performance Indicators (KPIs)

Timely closure of monthly books of accounts and submission of MIS.
Accuracy and completeness of financial statements and reconciliations.
Timely filing and payment of statutory dues.
Timely completion of MahaRERA compliance and audit requirements.
Accuracy of project-wise cost reports, profitability analysis, and cash flow forecasts.
Reduction in accounting discrepancies and outstanding reconciliation items.
Timely completion of vendor payments and banking activities.
Effective supervision, productivity, and development of the accounts team.

7. Job Location & Reporting

Job Location: Head Office.
Reporting To: Head of Accounts.
Employment Type: Full-time.

Account Manager

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