Senior Accountant - Real Estate & RERA

JOB DESCRIPTION

Senior Accountant - Real Estate \& RERA

Position

Senior Accountant

Department

Finance \& Accounts

Industry

Real Estate / Property Development

Experience

5-10 Years

Location

Bengaluru

Employment Type

Full-Time

Role Overview

We are looking for an experienced Senior Accountant with a strong background in the real estate industry and hands-on knowledge of RERA-related accounting and compliance. The candidate will manage day-to-day accounting, project-wise financial records, statutory compliance, reconciliations, taxation, MIS reporting, and provide accurate financial information to management.

Candidates with prior experience in real estate developers/builders will be preferred.

Key Responsibilities

• Manage day-to-day accounting activities including general ledger, accounts payable, accounts receivable, journal entries, and reconciliations.

• Maintain project-wise books of accounts, cost tracking, expenses, collections, and financial records for real estate projects.

• Handle accounting and financial documentation related to RERA-registered projects.

• Track and reconcile customer collections, booking amounts, instalments, cancellations, refunds, and outstanding receivables.

• Coordinate and maintain records required for RERA compliance, audits, certifications, and periodic reporting.

• Monitor project costs, contractor/vendor payments, purchase bills, work orders, and supporting documentation.

• Handle bank reconciliations and maintain accurate bank and cash records.

• Manage statutory compliance relating to GST, TDS, and other applicable taxes, including preparation of supporting data for returns.

• Prepare monthly MIS reports, cash-flow statements, P\&L, balance sheet schedules, receivables/payables reports, and project-wise financial reports.

• Assist in month-end and year-end closing of accounts and coordinate with auditors, Chartered Accountants, banks, consultants, vendors, customers, and internal teams.

• Support management with budgeting, cash-flow planning, cost monitoring, and financial analysis.

• Ensure proper maintenance of accounting records and supporting documentation for statutory, internal, and RERA audits.

RERA Expertise Required

• Practical experience in accounting and financial compliance for RERA-registered real estate projects.

• Maintaining project-wise financial records and fund utilisation details.

• Preparing and coordinating financial data and documentation required for RERA filings, audits, and CA certifications.

• Tracking project collections, expenditure, withdrawals, and supporting documentation in accordance with applicable RERA requirements.

Candidate Requirements

• B.Com / M.Com / MBA Finance or equivalent qualification.

• 5-10 years of relevant accounting experience.

• Mandatory experience in the Real Estate / Property Development industry.

• Strong practical knowledge of RERA accounting and compliance.

• Good knowledge of GST, TDS, accounting standards, and statutory compliance.

• Experience with Tally / ERP or similar accounting software and strong working knowledge of MS Excel.

• Ability to independently handle accounts and coordinate with auditors and consultants.

• Strong analytical, documentation, communication, and coordination skills with excellent attention to detail.

Preferred Candidate Profile

Candidates who have worked with a real estate developer or builder and have independently handled project accounting, RERA-related financial documentation, taxation, reconciliations, audits, and MIS reporting will be strongly preferred.

Real Estate experience and RERA expertise are key requirements for this position.

Pay

₹75,000.00 - ₹80,000.00 per month

Education

• Bachelor's (Required)

Experience

• Accounting: 5 years (Required)

Work Location

In person