Accountant

Accountant – Real Estate & Construction (Prana by Nilaya) LocationCompany: Nilaya Eco Homes LLP Office / Site: Ranchi (Project: Prana by Nilaya, BIT Mesra Road, Near Navodaya Vidyalaya, Mesra) About Nilaya Eco Homes LLP & Prana by NilayaNilaya Eco Homes LLP is a detail-oriented real estate development firm focused on creating well-designed, spacious and mindful homes. Prana by Nilaya is our flagship high-rise residential project (B+G+12) near BIT Mesra, Ranchi, with carefully planned apartments, ample open spaces and lifestyle amenities. We are looking for an Accountant experienced in Real Estate / Construction who can handle project-level accounts, customer payments, vendor bills and statutory compliances with accuracy and discipline. Role SummaryThe Accountant will be responsible for end-to-end accounting and finance support for Nilaya Eco Homes LLP and the Prana by Nilaya project, including: Day-to-day bookkeeping and accounting entries Customer receipt tracking and demand schedules Vendor bill processing and project cost tracking GST, TDS and other statutory compliances (in coordination with CA) MIS and reports for management This is a hands-on role requiring strong experience with Tally / accounting software, GST, TDS, and real estate billing structures. Key Responsibilities1. Day-to-Day AccountingRecord all accounting entries in Tally / accounting software: Purchase, sales, receipts, payments, journal vouchers Petty cash expenses, site expenses, office expenses Maintain proper supporting documents for every transaction (bills, vouchers, approvals). Ensure correct ledger classification for all entries (project-wise, expense-head wise). 2. Customer Accounting – Flats / UnitsCoordinate with Sales Team for: Booking details, unit details, payment plans, offers/discounts. Prepare and update customer-wise accounts: Demand raised (as per construction-linked or time-linked plan) Amounts received, balance outstanding, interest/penalties if any Issue/verify receipts for customer payments (cash/cheque/NEFT/RTGS/UPI) and reconcile with bank. Keep records of: Booking forms, allotment letters, cancellation / transfer cases, etc. Support in preparing statements for banks (for home loan cases) and customer clarifications. 3. Vendor & Contractor Bills – Project AccountingReceive and verify vendor / contractor bills for: Civil works, material supply, labour, consultants, professional fees, etc. Coordinate with Site Engineer / Project Manager for: Work done confirmation, measurements and approvals. Check: Calculations, rates, applicable taxes (GST, TDS), advances, debit notes. Process entries and prepare payment proposals based on cash-flow and approvals. Maintain project cost summaries: Head-wise and vendor-wise expenditure tracking for Prana by Nilaya. 4. GST, TDS & Statutory Compliance (with CA)Prepare data for monthly GST workings: Sales (outward), Purchases (inward), Input tax credit, RCM (if applicable) Assist in: GSTR-1, GSTR-3B workings in coordination with external CA / consultant. Handle TDS compliance: Identify payments where TDS is applicable (contractor, professional, rent, etc.) Ensure timely deduction and payment of TDS Maintain TDS registers and provide details to CA for return filing. Maintain all relevant supporting documentation for audit and regulatory purposes. 5. Banking, Cash Flow & ReconciliationHandle bank-related tasks: Preparing cheques / online payment instructions NEFT/RTGS/IMPS documentation as needed Perform bank reconciliation on a monthly (preferably weekly) basis. Maintain and reconcile petty cash – both head office and site cash (if applicable). Prepare simple cash-flow statements / projections (in coordination with management). 6. MIS & Management ReportingPrepare regular MIS reports such as: Customer outstanding report (flat-wise) Collection vs target report (monthly) Project expenditure summary (by vendor / by head) Payables list – vendors, contractors, statutory dues Submit weekly and monthly financial summaries to management in agreed formats (Excel / PDF). 7. Coordination with Site, Sales & CAWork closely with: Sales team – for customer payment status and demands. Site team / Project Manager – for vendor bills, site expenses, work progress vs payments. External CA / Consultant – for GST, TDS, income tax, audit, ROC/RERA related support. Provide all required financial data and documents for: Loan proposals, RERA compliance (if applicable), banker meetings, audit queries. 8. Systems, Controls & Record KeepingImplement and follow basic internal controls: Maker-checker for payments, approvals before processing, proper filing system. Maintain neat, audit-ready files (physical + digital): Vouchers, invoices, agreements, approvals, bank statements, reconciliations, returns. Suggest improvements in accounting & documentation processes to improve accuracy and transparency. Eligibility & QualificationsEducationB.Com / M.Com in Accounts / Finance from a recognised institution. Inter CA / CMA will be an added advantage (not compulsory). ExperienceMinimum 5 years of experience in accounting. Out of this, at least 2–3 years in Real Estate / Construction / Infrastructure is strongly preferred. Experience with: Project-based accounting GST & TDS Vendor and customer reconciliation Technical SkillsStrong working knowledge of Tally / Tally Prime (or similar accounting ERP). MS Excel – comfortable with: VLOOKUP / XLOOKUP, basic formulas, filters, pivot tables. Good understanding of: GST (basic structure, input credit, real estate billing logic) TDS on contractors, professionals, rent etc. Basic familiarity with RERA, home loan documentation and real estate billing formats is a plus. Behavioural SkillsHigh integrity and trustworthiness – especially in money-related matters. Very detail-focused and organized in maintaining records. Ability to handle multiple tasks and deadlines calmly. Strong communication in Hindi, and working English for emails and documentation. Proactive in following up for approvals, clarifications and missing documents. Work ConditionsLocation: Ranchi (Office / Site-based, with visits to project site at BIT Mesra as required). Working Days: 6 days a week (timings aligned with office / site schedule). Extended hours may be required during month-end, billing, audit or major events. CompensationSalary: As per experience, profile strength and local market standards. Possibility of increment and growth based on performance, reliability, and ability to handle larger portfolio as Nilaya grows. ReportingReporting To: Director / Partner – Nilaya Eco Homes LLP Coordination with external CA / tax consultant