Accountant_

Role & responsibilities

Accountant

6 Days working

Key Responsibilities

• Strategy & Fundraising

• Build project feasibility and cash-flow models covering member

obligations, premiums, TDR, construction, finance costs and sales

• Raise and manage project funding from banks, NBFCs, AIFs and equity

partners, and negotiate terms, security and covenants

• Manage investor relationships and help structure fund and co-

investment arrangements

• Treasury & Society Commitments

• Manage cash flow, customer collections, banking relationships, credit

limits and escrow accounts

• Plan funds for MCGM premiums, TDR purchases, stamp duty and

construction milestones

• Issue and track bank guarantees to societies, and make sure member

rent, corpus and shifting payments go out on time

• Prepare financial credentials for society tenders and present them to

society committees and PMCs. These include audited financials, net

worth and solvency certificates, and comfort letters from lenders and

investors.

• Accounting, Reporting & Controls

• Oversee books of accounts, project-wise costing and revenue

recognition (Ind AS 115 or the ICAI Guidance Note, as applicable)

• Deliver monthly MIS, budget-vs-actual and project cash-flow reports to

the promoters

• Finalise accounts and manage statutory, tax and internal audits
• Strengthen internal controls, including approval matrices, contractor bill

checks, payment authorisation and ERP systems

• Build, lead and develop the accounts team

• Tax & Regulatory Compliance

• MahaRERA: designated project accounts, CA withdrawal certificates,

quarterly updates and annual audited statements

• GST and income tax, including issues specific to redevelopment

(development rights, TDR/FSI, members' units, TDS)

• ROC/MCA compliance, working with legal and secretarial advisors

• Candidate Profile

• Chartered Accountant; a CFA or MBA (Finance) is a plus

• 5+ years of experience after qualifying, including 3+ years leading

finance at a Mumbai residential developer

• Experience with society redevelopment strongly preferred
• Proven record of raising project finance and managing lender

relationships

• Strong command of MahaRERA, GST and income tax as they apply to

real estate

• Skilled in ERP and accounting systems (SAP, Farvision, Tally or similar)
• High integrity and discretion; comfortable in a hands-on, promoter-led

company

• Confident communicator with lenders, investors, auditors and society

Preferred candidate profile