Chartered Accountant

ORA Group; Mumbai City; On-site; INR 900,000 - 1,400,000; Full time

Job summary

ORA Group in Mumbai seeks a qualified Chartered Accountant to oversee balance sheet reconciliations for real estate projects and corporate accounts. You will manage project accounting, WIP, escrow accounts, and capital expenditures while ensuring timely closure under AS/Ind-AS/IFRS.

As the key contact for auditors and regulators, you will prepare audit schedules and financial statements, implement corrective actions, and maintain robust internal controls over billing, procurement, and cash flow.

Qualifications

• Strong foundation in accounting principles and financial reporting.
• Proficient with ERP systems and MS Excel.
• Demonstrated analytical ability and problem solving.
• Attention to detail and ability to meet deadlines.
• Excellent interpersonal and communication skills.
• Ability to work independently and in a team.
• ICAI membership is mandatory.

Responsibilities

• Review monthly, quarterly, and annual balance sheet reconciliations for real estate projects and corporate accounts.
• Monitor project accounting, including work-in-progress (WIP), escrow accounts, and capital expenditures.
• Track vendor advances, customer receivables, and loan or debt servicing schedules.
• Ensure timely closure of books under AS, Ind-AS or IFRS.
• Act as the point of contact for internal, statutory, and tax auditors.
• Prepare audit schedules, financial statements, and supporting documentation for real estate transactions.
• Implement corrective action plans to resolve audit observations and gaps.
• Review internal controls over project billing, procurement, and cash flow management.
• Generate and analyse financial reports to support management decision making.
• Coordinate with internal teams to ensure timely closure of accounts.
• Monitor adherence to real estate regulations (RERA) and corporate laws with tax compliance awareness.
• Coordinate with external statutory and tax auditors during periodic reviews.
• Maintain up-to-date compliance calendars and report regulatory risks.
• Track changes in financial and real estate legislation to update company policies.
• Coordinate with legal teams for land titles documentation and statutory registers.

Skills

Accounting principles

Financial reporting

Analytical skills

Attention to detail

MS Office

Interpersonal skills

Communication skills

Teamwork

Education

Chartered Accountant (CA) - ICAI member

Tools

ERP software

MS Excel

Job description

Role & responsibilities

Balance Sheet & Financial Integrity

• Review monthly, quarterly, and annual balance sheet reconciliations for real estate projects and corporate accounts.
• Monitor project accounting, including work-in-progress (WIP), escrow accounts, and capital expenditures.
• Track vendor advances, customer receivables, and loan or debt servicing schedules.
• Ensure timely closure of books under relevant accounting standards (like AS,Ind-AS or IFRS).

Audit Duties

• Act as the point of contact for internal, statutory, and tax auditors.
• Prepare audit schedules, financial statements, and supporting documentation for real estate transactions.
• Implement corrective action plans to resolve audit observations and compliance gaps.
• Review internal controls over project billing, procurement, and cash flow management.
• Generate and analyse financial reports to support management decision making.
• Coordinate with internal teams to ensure timely closure of accounts.

Regulatory & Statutory Compliance

• Monitor adherence to real estate regulations (such as RERA guidelines, and corporate laws and working knowledge of tax compliances.
• Coordinate with external statutory and tax auditors during periodic reviews .
• Maintain up-to-date compliance calendars and report regulatory risks.
• Track changes in financial and real estate legislation to update company policies.
• Coordinate with legal teams for land titles documentation, and statutory registers.

Key Skills & Competencies

• Strong understanding of accounting principles and financial reporting.
• Excellent knowledge of ERP software.
• Attention to detail, accuracy, and ability to meet deadlines.
• Strong analytical and problem-solving abilities.
• Proficient in MS Office (Excel, Word, PowerPoint).
• Good interpersonal and communication skills.
• Ability to work independently and as part of a team.
• Analytical skill

Preferred candidate profile

Member of ICAI is a must