Job Description

Accountant – Real Estate & Construction (Raipur)

Job Overview

We are looking for an experienced and sharp Accountant to handle day-to-day financial operations at our head office in Raipur, Chhattisgarh. In this role, you will manage site-wise project accounting, vendor payouts, and statutory compliances for our residential and commercial construction projects across the region.

Important Requirement: Prior core experience working specifically within a Real Estate Construction Company or the Construction Industry is absolutely mandatory. Local candidates or those with deep experience in the Raipur real estate market will be highly preferred.

Key Responsibilities

• Project Cost Accounting: Maintain accurate, site-wise books of accounts for ongoing construction projects in and around Raipur, keeping track of material costs, labor expenses, and overheads.
• Contractor & Vendor Billing: Verify and process bills submitted by civil contractors, sub-contractors, and material suppliers (cement, steel, etc.) against actual site work measurements and purchase orders.
• Tax & Statutory Compliance: Handle industry-specific compliances, including CGST & SGST calculations (with strict verification of Input Tax Credit), TDS deductions (including TDS on works contracts under Section 194C), and financial reporting for Chhattisgarh RERA (CG-RERA).
• Cash Flow Management: Monitor site expenses against sanctioned project budgets, manage daily cash flows for site operations, and coordinate weekly or fortnightly labor payments.
• Reconciliation: Conduct regular ledger reconciliations for regional vendors, contractors, and banks, ensuring all site-level transactions are properly backed by bills and vouchers.
• Financial Reporting: Prepare project profitability reports, monthly trial balances, and cost-variance sheets to help management track construction budgets.

Qualifications & Experience

• Education: Bachelor’s degree in Commerce (B.Com), M.Com, or an equivalent accounting qualification.
• Experience: Minimum 3 to 5 years of core accounting experience, out of which a relevant field experience in a Real Estate Construction Company is a must.
• Software Skills: Hands-on experience with Tally Prime or construction-specific ERP software. High proficiency in MS Excel for managing cost sheets and data analysis.

Required Skills

• Deep understanding of construction accounting principles, such as revenue recognition based on project completion milestones.
• Sound knowledge of Indian tax laws applicable to the construction sector (GST on works contracts, reverse charge mechanisms, and TDS).
• Familiarity with local market dynamics, vendors, and regulatory processes in Chhattisgarh.
• Strong communication skills to coordinate effectively with Raipur-based project managers, site storekeepers, and technical teams.

Job Location & Details

• Location: Raipur, Chhattisgarh (Head Office)
• Job Type: Full-time, Permanent
• Salary: Competitive and based on experience, matching Raipur real estate industry standards.