Chartered Accountant

Quick Placements; Maharashtra; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

Quick Placements seeks an experienced accounting professional to supervise day-to-day operations, ensure timely closings and maintain accurate project- and entity-wise records in a real estate backdrop.

The role requires strong analytical skills, integrity, and the ability to coordinate across finance, procurement, sales and CRM. Expect GST and tax compliance responsibilities, with a focus on timely financial reporting and controls.

Qualifications

• Strong analytical and problem-solving abilities.
• High standards of accuracy, integrity and accountability.
• Ability to independently manage responsibilities and meet deadlines.
• Commercial understanding of real estate development.
• Strong communication and interdepartmental coordination skills.

Responsibilities

• Oversee day-to-day accounting operations and ensure accurate maintenance of books of accounts.
• Oversee general ledger, accounts payable, accounts receivable and bank reconciliations.
• Review accounting entries, journal vouchers, provisions and adjustments.
• Ensure timely monthly, quarterly and annual closing of accounts.
• Prepare and review financial statements, including balance sheets, profit and loss statements and cash flow statements.
• Maintain project-wise and entity-wise accounting records.
• Monitor intercompany transactions and partner capital accounts.
• Ensure adherence to applicable accounting standards and company policies.
• Maintain project-wise cost records and profitability statements.
• Monitor contractor bills, vendor payments, retention amounts, advances and reconciliations.
• Review accounting for land acquisition, development rights, redevelopment obligations and project expenses.
• Track customer collections and project cash flows.
• Coordinate with construction, procurement, sales and CRM departments to ensure accurate financial reporting.
• Prepare project-wise cost-to-complete statements and financial MIS.
• Ensure timely GST compliance including GSTR-1, GSTR-3B and reconciliations.
• Review input tax credit eligibility and GST treatment of real estate transactions.
• Oversee TDS/TCS deductions, payments, returns and reconciliations.
• Coordinate income tax computations and annual return filings.
• Assist in handling income tax and GST assessments and notices.
• Work with external tax consultants for compliant transactions.
• Maintain updated knowledge of taxation applicable to real estate development.

Skills

Analytical skills

Problem solving

Accuracy

Integrity

Deadline driven

Job description

• Supervise day-to-day accounting operations and ensure accurate maintenance of books of accounts.
  
• Oversee general ledger, accounts payable, accounts receivable and bank reconciliations.
  
• Review accounting entries, journal vouchers, provisions and adjustments.
  
• Ensure timely monthly, quarterly and annual closing of accounts.
  
• Prepare and review financial statements, including balance sheets, profit and loss statements and cash flow statements.
  
• Maintain project-wise and entity-wise accounting records.
  
• Monitor intercompany transactions, partner capital accounts and loans.
  
• Ensure adherence to applicable accounting standards and company policies.
  
• Maintain project-wise cost records and profitability statements.
  
• Monitor contractor bills, vendor payments, retention amounts, advances and reconciliations.
  
• Review accounting for land acquisition, development rights, redevelopment obligations and project expenses.
  
• Track customer collections, outstanding receivables and project cash flows.
  
• Coordinate with construction, procurement, sales and CRM departments to ensure accurate financial reporting.
  
• Prepare project-wise cost-to-complete statements and financial MIS.
  
• Ensure timely and accurate GST compliance, including GSTR-1, GSTR-3B and applicable reconciliations.
  
• Review input tax credit eligibility and GST treatment of real estate transactions.
  
• Oversee TDS/TCS deductions, payments, returns and reconciliations.
  
• Coordinate income tax computations, advance tax payments and annual return filings.
  
• Assist in handling income tax and GST assessments, notices and departmental queries.
  
• Work with external tax consultants to ensure tax-efficient and compliant transactions
  
• Maintain updated knowledge of taxation applicable to real estate development, redevelopment and construction.
  

4. Banking, Treasury & Cash Flow Management

• Prepare periodic cash flow statements and fund requirement reports.
  
• Monitor banking transactions, loan accounts, interest calculations and repayment schedules.
  
• Coordinate with banks for project finance, working capital facilities and documentation.
  
• Track utilisation of project funds and compliance with lending conditions.
  
• Prepare financial information required by banks and financial institutions.
  
• Monitor receivables, payables and upcoming financial commitments.
  

5. Financial Planning, Budgeting & MIS

• Prepare monthly management information reports.
  
• Develop project-wise budget-versus-actual statements.
  
• Analyse cost overruns, profitability, cash flow gaps and financial variances.
  
• Assist in annual budgeting, forecasting and financial planning.
  
• Identify opportunities for cost optimisation and improvements in financial controls.
  
• Present key financial observations and actionable recommendations to management.
  

6. Statutory Compliance & Audit

• Coordinate statutory audits, tax audits, internal audits and other regulatory audits.
  
• Ensure timely completion of statutory filings and applicable financial disclosures.
  
• Support financial compliance under RERA and other applicable real estate regulations.
  
• Maintain proper accounting documentation, records and audit trails.
  
• Identify financial control weaknesses and implement corrective measures.
  
• Coordinate with company secretaries, auditors and legal consultants on finance-related matters.
  

7. Internal Controls & Process Improvement

• Establish and strengthen accounting procedures, approval systems and financial controls.
  
• Review payment authorisations and supporting documentation.
  
• Implement checks to prevent accounting errors, duplicate payments and financial irregularities.
  
• Improve accounting automation, reporting accuracy and efficiency.
  
• Supervise and guide junior accounts team members.
  
• Ensure compliance with internal financial policies and approval matrices.
  

Requirements

Skills

• Strong analytical and problem-solving abilities.
  
• High standards of accuracy, integrity and accountability.
  
• Ability to independently manage responsibilities and meet deadlines.
  
• Commercial understanding of real estate development.
  
• Strong communication and interdepartmental coordination skills.
  
• Proactive approach to identifying financial risks and improving processes.
  
• Ability to lead and develop an accounts team.