Senior Accountant

Here’s a clear, professional, ready-to-use Job Description (JD) for a Senior Accounts Executive in the Real Estate Industry:

Job Description: Senior Accounts Executive (Real Estate Industry)

Position: Senior Accounts Executive

Department: Finance & Accounts

Industry: Real Estate / Property Development

Location: [Add Location]

Reporting To: Accounts Manager / Finance Manager

Role Overview

The Senior Accounts Executive is responsible for managing day-to-day accounting operations, project-wise financial reporting, customer & vendor accounts, and compliance specific to the real estate sector. The role ensures accurate financial records, timely billing, MIS reports, and coordination with internal and external stakeholders.

Key Responsibilities

1. Accounting & Bookkeeping

Maintain and update general ledger, journal entries, and reconciliations.

Handle project-wise accounting for residential/commercial real estate projects.

Prepare monthly, quarterly, and annual financial statements.

Manage TDS, GST, RERA-related accounting entries.

2. Billing, Invoicing & Receivables

Prepare demand letters, milestone-based invoicing as per construction progress.

Follow up on customer payments and maintain receivables aging.

Monitor and reconcile customer ledger accounts.

3. Payables & Vendor Management

Verify contractor/vendor bills with work orders and site measurements.

Process payments with proper documentation and approvals.

Maintain vendor ledgers and ensure timely reconciliation.

4. Compliance & Taxation

Manage GST returns (GSTR-1, GSTR-3B) and ensure input credit reconciliation.

Handle TDS deduction & returns (24Q/26Q).

Support statutory audits, internal audits, and RERA audits.

5. Bank & Cash Management

Perform bank reconciliation statements (BRS).

Monitor project-wise fund flow and cash flow.

Manage petty cash and maintain cash books.

6. MIS & Reporting

Prepare project cost sheets, cash flow statements, and profitability reports.

Track revenue recognition (as per AS/Ind-AS 115 – Real Estate Revenue).

Provide monthly MIS to management for decision-making.

7. Coordination

Coordinate with sales, project, and legal teams for invoicing and documentation.

Liaise with auditors, consultants, financial institutions, and government bodies.

Required Skills & Competencies

Strong knowledge of real estate accounting and project finance.

Expertise in Tally ERP / SAP / Real Estate CRM (e.g., FAR Vision, Suryoday, PMS).

Good understanding of RERA rules, GST, and TDS.

Analytical skills with strong attention to detail.

Ability to work with deadlines and multitask.

Strong communication and coordination skills.

Qualifications

Bachelor’s degree in Commerce (B.Com) or equivalent.

MBA (Finance) / M.Com preferred.

3–7 years of experience in real estate or construction industry.

• It is a Full Time Accountant job for candidates with 4 - 6 years of experience.

More about this Senior Accountant job

1. What is the eligibility criteria to apply for this Senior Accountant job?
   Ans: The candidate should be Graduate and above and above with 4 - 6 years of experience of experience
2. How much salary can I expect for this job role?
   Ans: You can expect a salary of ₹30000 - ₹50000 per month that depends on your interview. It's a Full Time job in Mumbai.
3. How many working days are there for this Senior Accountant job?
   Ans: This Senior Accountant job will have 6 working days.
4. Are there any charges applicable while applying or joining this Senior Accountant job?
   Ans: No, there is no fee applicable for applying this Senior Accountant job and during the employment with the company, i.e., Gagangiri Construction.
5. Is it a work from home job?
   Ans: No, it’s not a work from home job and can't be done online.
6. How many openings are there for this Senior Accountant role?
   Ans: There is an immediate opening of 5 Senior Accountant at Gagangiri Construction
7. Who can apply for this job?
   Ans: Both Male and Female candidates can apply for this Accountant job.
8. What are the timings of this Senior Accountant job?
   Ans: This Senior Accountant job has 09:00 AM - 06:00 PM timing.