Chartered Accountant-Real Estate

Role & responsibilities

To manage financial planning, accounting, taxation, compliance, and fund management for real estate projects, ensuring statutory adherence, cost control, and financial efficiency across residential and commercial developments.

1. Financial Management & Accounting

• Maintain books of accounts for multiple real estate projects as per Companies Act / LLP / Partnership norms.
• Oversee project-wise accounting, cost allocation, and revenue recognition (Percentage Completion Method / Completed Contract Method).
• Prepare monthly MIS, cash flow statements, project profitability reports, and variance analysis.
• Monitor project budgets, construction costs, and control overruns.

2. Taxation & Statutory Compliance

• Handle

  GST

  compliance for all the projects (ITC, reversals, GST on construction, joint development, TDR, etc.).
• Manage

  Income Tax

  matters including TDS, advance tax, tax audits, and assessments.
• Ensure compliance with

  RERA financial norms

  , including separate project bank accounts and utilization tracking.
• Coordinate with statutory auditors, tax consultants, and regulatory authorities.

3. Additional Responsibilities Taxation & Compliance

• File

  Income Tax Returns (ITR)

  for the company within statutory timelines.
• Handle

  Income Tax Returns for salaries

  , including tax computation and compliance.
• Ensure accurate

  Form 16 preparation and generation

  for employees and timely issuance.
• Manage TDS calculations, deductions, challans, and quarterly returns (Form 24Q).

4. Audit & Controls

• Conduct internal audits and strengthen financial controls across projects.
• Ensure timely statutory, tax, and RERA audits.
• Implement SOPs for procurement, payments, and approvals.

5. Legal & Commercial Support

• Support finance-related aspects of

  joint development agreements (JDA)

  , redevelopment projects, and land acquisitions.
• Review commercial terms in sale agreements from a finance and tax perspective.
• Assist in feasibility studies and project financial modelling

Preferred candidate profile

• Qualified

  Chartered Accountant (CA)

  with 4 to 5

  years

  of relevant experience
• Mandatory experience with

  Real Estate Developers / Construction / EPC companies

• Strong hands-on exposure to

  project accounting, costing, and MIS

• In-depth knowledge of

  GST (real estate specific), Income Tax, TDS, and RERA compliance

• Experience in filing

  Company Income Tax Returns

  and

  Salary Returns

• Hands-on experience in

  Form 16 generation

  and quarterly TDS returns (Form 24Q)
• Well-versed with

  RERA escrow accounts

  , fund utilization, and project-wise compliance
• Experience in handling

  statutory, tax, and internal audits

• Exposure to

  banking, project finance, and lender coordination

  will be an added advantage
• Proficient in

  Tally / ERP systems

  and

  Advanced MS Excel

• Strong analytical, compliance-oriented, and stakeholder management skills

Mumbai / Maharashtra real estate market

Location Preference:

Navi Mumbai candidates or those willing to commute to Seawoods.