Accountant_

Zodiac HR Consultants; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Job summary

Zodiac HR Consultants seeks an experienced Accountant to lead project finance, treasury management and statutory compliance for a Mumbai residential developer. You will build complex cash-flow models, raise funding from banks and investors, and ensure timely payments and regulatory adherence.

The role requires Chartered Accountant with 5+ years post-qualification, including 3+ years in a leadership finance role, with strong MahaRERA, GST and tax knowledge and ERP experience.

Qualifications

• Chartered Accountant with 5+ years post-qualification experience.
• 3+ years leading finance at a Mumbai residential developer.
• Experience with society redevelopment preferred.

Responsibilities

• Strategy and fundraising for projects.
• Build cash-flow models covering member obligations, premiums, TDR, construction, finance costs and sales.
• Raise project funding from banks, NBFCs, AIFs and equity partners; negotiate terms and covenants.
• Manage investor relationships and fund/co-investment arrangements.
• Oversee accounting, reporting and internal controls across projects.
• Ensure MahaRERA compliance and audit readiness.
• Deliver monthly MIS, budget-vs-actual and project cash-flow reports.

Skills

MahaRERA knowledge

GST & income tax knowledge

Lender relations

Education

Chartered Accountant

CFA

MBA (Finance)

Tools

SAP

FarVision

Tally

Job description

Role & responsibilities

Accountant

6 Days working

Key Responsibilities

• Strategy & Fundraising
• Build project feasibility and cash-flow models covering member obligations, premiums, TDR, construction, finance costs and sales
• Raise and manage project funding from banks, NBFCs, AIFs and equity partners, and negotiate terms, security and covenants
• Manage investor relationships and help structure fund and co-investment arrangements
• Treasury & Society Commitments
• Manage cash flow, customer collections, banking relationships, credit limits and escrow accounts
• Plan funds for MCGM premiums, TDR purchases, stamp duty and construction milestones
• Issue and track bank guarantees to societies, and make sure member rent, corpus and shifting payments go out on time
• Prepare financial credentials for society tenders and present them to society committees and PMCs. These include audited financials, net worth and solvency certificates, and comfort letters from lenders and investors.
• Accounting, Reporting & Controls
• Oversee books of accounts, project-wise costing and revenue recognition (Ind AS 115 or the ICAI Guidance Note, as applicable)
• Deliver monthly MIS, budget-vs-actual and project cash-flow reports to the promoters
• Finalise accounts and manage statutory, tax and internal audits
• Strengthen internal controls, including approval matrices, contractor bill checks, payment authorisation and ERP systems
• Build, lead and develop the accounts team
• Tax & Regulatory Compliance
• MahaRERA: designated project accounts, CA withdrawal certificates, quarterly updates and annual audited statements
• GST and income tax, including issues specific to redevelopment (development rights, TDR/FSI, members' units, TDS)
• ROC/MCA compliance, working with legal and secretarial advisors

Candidate Profile

• Chartered Accountant; a CFA or MBA (Finance) is a plus
• 5+ years of experience after qualifying, including 3+ years leading finance at a Mumbai residential developer
• Experience with society redevelopment strongly preferred
• Proven record of raising project finance and managing lender relationships
• Strong command of MahaRERA, GST and income tax as they apply to real estate
• Skilled in ERP and accounting systems (SAP, Farvision, Tally or similar)
• High integrity and discretion; comfortable in a hands-on, promoter-led company
• Confident communicator with lenders, investors, auditors and society

Preferred candidate profile