Account Executive

B S Estates; Bangalore Rural; On-site; INR 600,000 - 900,000; Full time

Benefits offered by this job

Competitive salary

Performance incentives

Professional environment

Job summary

B S Estates in Bangalore is seeking an experienced finance professional to handle day-to-day accounting, real estate transaction tracking, and tax compliance. You will maintain ledgers, prepare statutory filings, and support budgeting and reporting.

The role requires 2–5 years of relevant experience, proficiency in Tally Prime/Zoho Books/ERP, and strong MS Excel skills. Knowledge of Indian GST and TDS is essential.

Qualifications

• 2 to 5 years of relevant accounting experience; prior experience in Real Estate, Property Management, or Construction sectors preferred.
• Proficiency in Tally Prime, Zoho Books, or ERP software.
• Strong MS Excel skills (VLOOKUP, Pivot Tables, SUMIFS).
• In-depth understanding of Indian GST laws, TDS deductions on property, and general accounting standards.

Responsibilities

• Record daily financial transactions, journal entries, ledger postings, and bank operations.
• Prepare invoices, debit/credit notes, receipts, and vendor vouchers.
• Manage bank reconciliations and track daily cash flows.
• Track client booking advances, installments, and broker commissions.
• Coordinate with sales and legal teams to reconcile receipts with agreements.

Skills

Analytical skills

Attention to detail

Problem solving

Education

Bachelor's degree in Commerce or Finance

Master's (M.Com/MBA Finance) or CA Inter is a plus

Tools

Tally Prime

Zoho Books

ERP software

MS Excel

Job description

Key Responsibilities & Duties

1. Day-to-Day Financial Operations

• Record daily financial transactions, journal entries, ledger postings, and bank operations accurately in accounting software (e.g., Tally Prime, ).
• Prepare and verify invoices, debit/credit notes, client payment receipts, and vendor vouchers.
• Manage bank reconciliations (BRS) regularly and track daily cash flows and petty cash expenses.

2. Real Estate Accounts & Transaction Management

• Track client booking advances, installment schedules, milestone payments, and broker/agency commission payouts.
• Maintain cost center accounting for different projects, properties, or site offices under B S Estates.
• Coordinate with sales and legal teams to reconcile booking receipts against client agreements and builder/property files.

3. Tax Compliance & Statutory Filings

• Calculate, prepare, and ensure timely filing and deposit of statutory dues, including:
  
  • GST: Monthly GSTR-1, GSTR-3B preparation, Input Tax Credit (ITC) reconciliation with GSTR-2B.
  • TDS/TCS: Calculation of TDS on vendor payments, contractor bills, and real estate property transactions; quarterly TDS return filings.
• Assist internal/external auditors during annual statutory audits, tax audits, and financial reviews.

4. Vendor & Client Account Reconciliation

• Reconcile vendor ledgers, contractor bills, and supplier payments against purchase orders and work completion reports.
• Follow up on outstanding client receivables, maintain aging analysis reports, and notify the sales/operations team of pending dues.

5. Financial Reporting & Budgeting Support

• Assist in preparing monthly, quarterly, and annual financial statements (Profit & Loss Account, Balance Sheet, Cash Flow Statements).
• Help generate MIS (Management Information System) reports on project expenses, sales collections, and operating costs for executive management.

Key Performance Indicators (KPIs)

• Books Accuracy: Zero errors in ledger entries and cost allocation across property accounts.
• Timely Tax Compliance: 100% on-time tax filings and deposits to avoid late fees or interest penalties.
• Reconciliation Efficiency: Monthly bank and GST (2B vs. Ledger) reconciliations completed within the first week of every month.
• Receivable Days: Efficient tracking and reduction of overdue client receivables.

Requirements & Qualifications

• Education: Bachelors degree in Commerce (B.Com) or Finance; Master's (M.Com/MBA Finance) or CA Inter is a plus.
• Experience: 2 to 5 years of relevant accounting experience (prior experience in Real Estate, Property Management, or Construction sectors is preferred).
• Technical Skills:
  
  • Proficiency in Tally Prime, Zoho Books, or ERP software.
  • Strong working knowledge of MS Excel (VLOOKUP, Pivot Tables, SUMIFS).
  • In-depth understanding of Indian GST laws, TDS deductions on property (Section 194IA), and general accounting standards.
• Analytical Skills: Excellent numerical accuracy, attention to detail, and problem-solving abilities.

What We Offer

• Competitive fixed salary and performance incentives.
• Opportunities to learn real estate asset management and project finance handling.
• A supportive and professional working environment.