Job Description
Qualifications
• Proficiency in preparing financial statements, budgets, and financial reports
• Strong knowledge of tax compliance and financial regulations
• Skills in financial analysis and auditing
• Attention to detail and accuracy in record-keeping
• Excellent written and verbal communication skills
• Ability to work independently and collaboratively within a team
• Experience in the real estate sector is an advantage
• Bachelor's degree in Accounting, Finance, or related field; CA certification is required
1. Financial Planning and Analysis
• Prepare and analyze financial reports, budgets, and forecasts to ensure proper allocation of resources.
• Monitor and assess the financial performance of ongoing real estate projects.
• Evaluate project feasibility through financial modeling and cost-benefit analysis
2. Accounting and Bookkeeping
• Maintain accurate records of financial transactions, including accounts payable, accounts receivable, and general ledger entries.
• Ensure compliance with accounting standards and regulations relevant to the real estate industry.
• Conduct periodic reconciliation of bank accounts and financial statements.
3. Taxation and Compliance
• Ensure timely filing of tax returns, including GST, income tax, and other applicable taxes.
• Advise on tax-efficient structuring of real estate transactions and projects.
• Liaise with tax authorities and auditors to resolve compliance-related issues.
4. Audit and Internal Controls
• Oversee internal and external audits, ensuring adherence to regulatory and organizational standards.
• Develop and implement robust internal controls to mitigate financial risks.
• Identify areas of improvement in financial and operational processes.
5. Funding and Treasury Management
• Manage cash flow to ensure adequate liquidity for project execution and operational needs.
• Liaise with banks, financial institutions, and investors for financing and loan approvals.
• Monitor repayment schedules and manage financial risks associated with borrowings.
6. Regulatory Compliance and Reporting
• Ensure compliance with local laws, including RERA (Real Estate Regulatory Authority) regulations.
• Prepare and submit reports to regulatory authorities and stakeholders as required.
• Stay updated on changes in laws and regulations impacting the real estate sector.
7. Project Cost Management
• Review and control project expenses to prevent cost overruns.
• Collaborate with project managers to ensure financial discipline in project execution.
• Analyze deviations from budgets and propose corrective actions.
8. Strategic Advisory
• Provide financial insights to support strategic decisions, such as land acquisition, joint ventures, and new project launches.
• Evaluate investment opportunities and advise on portfolio diversification.
• Assist in developing pricing strategies for real estate properties.
+.Stakeholder Communication
• Prepare and present financial reports to management, investors, and other stakeholders.
• Collaborate with legal, sales, and marketing teams to align financial strategies with business goals.
• Act as a point of contact for financial and accounting matters.
10. Team Leadership and Development
• Lead and mentor a team of accountants and finance professionals.
• Conduct training sessions to enhance team competency in financial management.
• Foster a culture of accountability and continuous improvement within the team.
• Proficiency in preparing financial statements, budgets, and financial reports
• Strong knowledge of tax compliance and financial regulations
• Skills in financial analysis and auditing
• Attention to detail and accuracy in record-keeping
• Excellent written and verbal communication skills
• Ability to work independently and collaboratively within a team
• Experience in the real estate sector is an advantage
• Bachelor's degree in Accounting, Finance, or related field; CA certification is required
1. Financial Planning and Analysis
• Prepare and analyze financial reports, budgets, and forecasts to ensure proper allocation of resources.
• Monitor and assess the financial performance of ongoing real estate projects.
• Evaluate project feasibility through financial modeling and cost-benefit analysis
2. Accounting and Bookkeeping
• Maintain accurate records of financial transactions, including accounts payable, accounts receivable, and general ledger entries.
• Ensure compliance with accounting standards and regulations relevant to the real estate industry.
• Conduct periodic reconciliation of bank accounts and financial statements.
3. Taxation and Compliance
• Ensure timely filing of tax returns, including GST, income tax, and other applicable taxes.
• Advise on tax-efficient structuring of real estate transactions and projects.
• Liaise with tax authorities and auditors to resolve compliance-related issues.
4. Audit and Internal Controls
• Oversee internal and external audits, ensuring adherence to regulatory and organizational standards.
• Develop and implement robust internal controls to mitigate financial risks.
• Identify areas of improvement in financial and operational processes.
5. Funding and Treasury Management
• Manage cash flow to ensure adequate liquidity for project execution and operational needs.
• Liaise with banks, financial institutions, and investors for financing and loan approvals.
• Monitor repayment schedules and manage financial risks associated with borrowings.
6. Regulatory Compliance and Reporting
• Ensure compliance with local laws, including RERA (Real Estate Regulatory Authority) regulations.
• Prepare and submit reports to regulatory authorities and stakeholders as required.
• Stay updated on changes in laws and regulations impacting the real estate sector.
7. Project Cost Management
• Review and control project expenses to prevent cost overruns.
• Collaborate with project managers to ensure financial discipline in project execution.
• Analyze deviations from budgets and propose corrective actions.
8. Strategic Advisory
• Provide financial insights to support strategic decisions, such as land acquisition, joint ventures, and new project launches.
• Evaluate investment opportunities and advise on portfolio diversification.
• Assist in developing pricing strategies for real estate properties.
+.Stakeholder Communication
• Prepare and present financial reports to management, investors, and other stakeholders.
• Collaborate with legal, sales, and marketing teams to align financial strategies with business goals.
• Act as a point of contact for financial and accounting matters.
10. Team Leadership and Development
• Lead and mentor a team of accountants and finance professionals.
• Conduct training sessions to enhance team competency in financial management.
• Foster a culture of accountability and continuous improvement within the team.
💡 Quick Summary
Seeking a career-building opportunity? The Chartered Accountant - Real Estate position is now open for candidates interested in the Accountant Jobs sector. This role in Ghaziabad offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.