Chartered Accountant

Role & responsibilities

Chartered Accountant (CA) Roles & Responsibilities

Industry: Real Estate & Infrastructure Development

1. Job Purpose

To manage the company's overall financial planning, accounting, taxation, statutory compliance, budgeting, auditing, cash flow management, and financial reporting, ensuring financial accuracy, regulatory compliance, and profitability across all real estate projects.

2. Key Roles & Responsibilities

1. Accounting & Financial Management

• Oversee day-to-day accounting, general ledger, journal entries, and financial transactions.
• Ensure accurate maintenance of books of accounts for the company and individual projects.
• Monitor accounts payable, accounts receivable, vendor payments, and customer collections.
• Review bank reconciliations and ensure timely closure of monthly and annual accounts.

2. Taxation & Statutory Compliance

• Ensure timely GST returns, TDS deductions, payments, and returns.
• Manage income tax computations, advance tax, and tax audit requirements.
• Ensure compliance with applicable Companies Act provisions and other statutory regulations.
• Coordinate with tax consultants, statutory auditors, and government authorities.
• Maintain proper tax records and documentation for all projects.

3. Real Estate Project Accounting

• Maintain project-wise accounts, budgets, expenses, and profitability reports.
• Monitor construction costs, land acquisition costs, development expenses, and project overheads.
• Track project-wise revenue, customer advances, booking receipts, and outstanding payments.
• Verify contractor bills, purchase invoices, work orders, and payment certifications.
• Reconcile project costs against approved budgets and identify cost overruns.
• Ensure appropriate accounting for property sales, construction costs, and project completion.

4. Financial Planning & Budgeting

• Prepare annual budgets, project budgets, and financial forecasts.
• Develop cash flow projections based on construction schedules, sales, and collections.
• Monitor actual expenses against budgets and recommend corrective actions.
• Analyze project profitability, return on investment (ROI), and financial feasibility.
• Advise management on cost control and financial planning.

5. Banking, Loans & Fund Management

• Manage banking operations, bank reconciliations, and fund utilization.
• Monitor loan repayments, EMIs, interest expenses, and repayment schedules.
• Coordinate with banks and financial institutions for loans, renewals, and documentation.
• Monitor loan covenants, repayment obligations, and potential overdue accounts.
• Optimize working capital and ensure sufficient funds for project execution.

6. Audit & Internal Controls

• Coordinate statutory, internal, tax, and project audits.
• Ensure proper supporting documents for financial transactions.
• Establish financial controls to prevent errors, fraud, and unauthorized payments.
• Review internal processes and recommend improvements.
• Resolve audit observations and ensure timely submission of required records.

7. RERA & Real Estate Regulatory Compliance

• Coordinate financial reporting and documentation required under applicable RERA regulations.
• Monitor project-specific bank accounts and fund utilization in accordance with applicable RERA requirements.
• Coordinate with legal, project, and compliance teams regarding financial certificates and statutory submissions.
• Maintain records of project receipts, withdrawals, expenses, and relevant supporting documents.

8. MIS & Management Reporting

• Prepare monthly, quarterly, and annual financial statements.
• Submit project-wise profit and loss reports, balance sheets, and cash flow statements.
• Prepare reports on sales, collections, outstanding receivables, vendor liabilities, and project expenses.
• Provide financial analysis and recommendations to the Directors and senior management.
• Highlight financial risks, cost variations, and opportunities to improve profitability.

9. Vendor & Customer Financial Management

• Verify vendor invoices, contractor bills, and payment requests.
• Monitor customer outstanding balances and collection performance.
• Reconcile customer ledgers, booking amounts, cancellations, refunds, and adjustments.
• Ensure payments are made according to approved terms and company policies.
• Coordinate with the Sales, Purchase, Legal, and Project departments.

10. Team Management & Coordination

• Supervise the Accounts and Finance team and allocate responsibilities.
• Ensure timely and accurate financial reporting by team members.
• Coordinate with HR for payroll, employee reimbursements, and statutory deductions.
• Work closely with Directors, Project Managers, Purchase, Sales, Legal, and Administration teams.
• Implement accounting software, ERP systems, and standardized financial procedures.

3. Required Qualifications & Skills

• Chartered Accountant (CA) qualification from ICAI.
• Relevant experience in real estate, infrastructure, construction, or property development.
• Strong knowledge of GST, TDS, Income Tax, Companies Act, and applicable RERA requirements.
• Experience in project accounting, budgeting, cash flow management, and financial reporting.
• Proficiency in Tally, Microsoft Excel, and accounting or ERP software.
• Strong analytical, leadership, communication, and decision-making skills.
• Ability to manage multiple projects, deadlines, and financial priorities.

4. Key Performance Indicators (KPIs)

• Accuracy and timely closure of accounts.
• Timely filing of statutory returns and tax payments.
• Project-wise budget control and cost variance management.
• Timely preparation of MIS and financial reports.
• Reduction in overdue customer receivables.
• Effective cash flow and working capital management.
• Timely loan instalment payments and compliance with loan conditions.
• Successful completion of audits with minimal unresolved observations.

5. Preferred Candidate Profile

The ideal candidate should be a qualified Chartered Accountant with strong experience in real estate financial management, project costing, taxation, statutory compliance, banking, and financial planning. The candidate should possess the ability to work closely with Directors and department heads, provide strategic financial advice, maintain financial discipline, and support the company's growth and profitability.

Designation: Chartered Accountant (CA) / Head of Finance

Department: Accounts & Finance

Reporting To: Director / Managing Director

Experience: 5–10 years of relevant experience preferred, particularly in real estate or infrastructure

Preferred candidate profile