Company: Rams Real Estate
Business: Real Estate Redevelopment / Apartment Development
Department: Finance & Accounts
Designation: Senior Accountant
Location: Chennai
Reporting To: Manager Accounts / Finance Head
Salary: 50,000–60,000 per month (All Inclusive)
Experience: 5–8 years
Employment Type: Full-time
IMPORTANT ELIGIBILITY CRITERIA
ONLY CANDIDATES WITH PROPERTY DEVELOPER / REAL ESTATE EXPERIENCE NEED APPLY.
Real estate / property development experience is mandatory. Candidates without this experience need not apply. Candidates must have hands‑on accounting experience in real estate / property development / redevelopment / apartment development / housing.
Role Overview
Hands‑on Senior Accountant responsible for independently managing key day‑to‑day accounting and finance operations, including Tally Prime, cash‑flow statements, receivables/payables, GST and taxation, payroll, reconciliations, MIS, audits and financial documentation. Must understand real‑estate project transactions, customer/vendor accounting, project expenses, collections and payments. TNRERA exposure is an advantage.
Key Responsibilities
1. Accounting & Tally Prime
- Independently manage day‑to‑day entries in Tally Prime: sales, purchases, receipts, payments, expenses and journals.
- Maintain accurate customer, vendor and project ledgers; review discrepancies and keep books/supporting documentation complete and current.
- Handle project‑related accounting and financial documentation.
2. Cash Flow Management
- Prepare and maintain cash‑flow statements; track customer inflows, vendor payments, project expenses and commitments.
- Provide regular updates; flag cash‑flow gaps/funding requirements and monitor actual versus planned cash movement.
3. Receivables & Payables
- Monitor receivables/payables, ageing and overdue amounts; maintain vendor payment schedules.
- Verify invoices/supporting documents and coordinate with Sales, CRM, Collections, Projects and vendors; escalates significant issues.
4. GST & Taxation
- Handle GST‑related accounting, invoice verification, records and statutory information.
- Maintain working knowledge of housing/real‑estate taxation; coordinate with tax consultants/auditors and ensure accurate, complete records.
5. Payroll Working & Compliance
- Prepare monthly payroll working; verify salary inputs/deductions and coordinate with HR/Administration.
- Maintain payroll accounting records and support applicable statutory compliance.
6. Reconciliations
- Perform bank, customer, vendor and applicable project‑account reconciliations; resolve differences and close items on time.
7. MIS & Management Reporting
- Prepare required daily/weekly/monthly MIS covering receivables, payables, collections, payments and project‑wise reporting.
- Track expenditure against budgets; highlight unusual transactions, variances and financial risks.
8. Audit & Compliance
- Maintain audit‑ready documentation, schedules and compliance checklists; coordinate with auditors and close queries/pending items.
9. Real Estate / Housing Industry Knowledge
- Required understanding of real‑estate project accounting, apartment/housing transactions, customer collections, project expenses/vendor payments, construction/development accounting and real‑estate taxation.
- TNRERA knowledge/exposure is an additional advantage.
10. Coordination & Ownership
- Coordinate with Sales, CRM, Projects, Procurement, HR, Administration and other teams; ensure timely finance information/documents and resolve accounting/payment queries.
- Own assigned accounting processes, keep the Manager informed of risks/exceptions/delays, and act as operational backup for routine finance activities when required.
Required Qualifications
- B.Com / M.Com / Bachelor’s degree in Commerce, Accounting, Finance or related field; CA Inter / CMA Inter is an advantage.
- 5–8 years of relevant accounting experience.
- Mandatory: Real estate / property developer experience.
- Hands‑on proficiency in Tally Prime and strong accounting principles.
- Working knowledge of GST, taxation and housing/real‑estate taxation.
- Experience in cash‑flow statement preparation, payroll working/compliances, receivables, payables, reconciliations and audit coordination.
- Strong MS Excel skills.
- TNRERA knowledge is an additional advantage.
Ideal Candidate
Hands‑on Senior Accountant able to independently manage accounting in a real‑estate/property‑development environment, with strong capability across Tally Prime, cash flows, GST/taxation, payroll, receivables/payables and reconciliations.
Key Performance Areas
- Accuracy and timeliness of accounting/Tally Prime entries and cash‑flow statements.
- Timely GST/taxation compliance and payroll processing.
- Receivables/collections and vendor payables management.
- Bank/customer/vendor reconciliations and discrepancy closure.
- Accurate, timely MIS and audit‑ready documentation.
- Effective internal coordination and compliance with real‑estate/housing requirements.