Sr. Executive / Assistant Manager - Accounts

Ramsons Trendsquares Realty; Bengaluru; On-site; INR 600,000 - 900,000; Full time

Job summary

Ramsons Trendsquares Realty in Bengaluru is seeking an experienced accounts professional to manage project-based accounting for our real estate and construction portfolio. You will record expenses, track vendor invoices, and reconcile contractor ledgers.

You will handle RA bills, mobilisation advances, retention money, customer bookings and collections, and project MIS. Basic GST/TDS and RERA movements support month-end closing.

Responsibilities

• Project-wise accounting recording and tracking expenses for each project.
• Vendor accounting for contractors, suppliers and service providers.
• Contractor/subcontractor ledger reconciliation.
• Purchase and service invoice verification with PO/WO and supporting documents.
• RA Bill accounting and tracking of contractor payments.
• Mobilisation advances given to contractors and their subsequent recovery.
• Retention money payable/receivable from contractors.
• Material purchase accounting – steel, cement, electrical, plumbing, woodwork, etc.
• Project expense tracking against approved budgets.
• Customer accounting – unit-wise booking, demands raised, collections and outstanding amounts.
• Customer advances and adjustment against demands.
• Receivables ageing and collection reconciliation.
• Channel partner/broker commission accounting and reconciliation.
• Project-wise cost reports and MIS.
• Bank reconciliation and project-related bank transactions.
• Basic understanding of RERA-related accounting and project fund movements.
• Basic understanding of GST/TDS implications on construction/vendor transactions.
• Support month-end closing and preparation of project-wise schedules.
• Past experience working with Real estate / Construction / Hospitality industry preferred

Job description

Key Responsibilities:

• Project-wise accounting recording and tracking expenses separately for each project.
• Construction vendor accounting recording invoices from contractors, suppliers and service providers.
• Contractor/subcontractor ledger reconciliation.
• Purchase and service invoice verification with PO/WO, measurement sheets and supporting documents.
• RA Bill accounting and tracking of contractor payments.
• Mobilisation advances given to contractors and their subsequent recovery.
• Retention money payable/receivable from contractors.
• Vendor advances and adjustment against subsequent invoices.
• Material purchase accounting – steel, cement, electrical, plumbing, woodwork, etc.
• Project expense tracking against approved budgets.
• Customer accounting – unit-wise booking, demands raised, collections and outstanding amounts.
• Customer advances and adjustment against demands.
• Receivables ageing and collection reconciliation.
• Channel partner/broker commission accounting and reconciliation.
• Project-wise cost reports and MIS.
• Bank reconciliation and project-related bank transactions.
• Basic understanding of RERA-related accounting and project fund movements.
• Basic understanding of GST/TDS implications on construction/vendor transactions.
• Support month-end closing and preparation of project-wise schedules.

Past experience working with Real estate / Construction / Hospitality industry preferred