Accountant

Job Description – Accountant (Real Estate)Position: Accountant

Industry: Real Estate

Location: Noida / Gurugram

Company: Agarwal & Gehlot Realtors Pvt Ltd

Job SummaryWe are looking for a highly skilled and experienced Accountant with a strong understanding of real estate accounting, taxation, statutory compliance, and financial reporting. Candidates must have hands-on experience in handling day-to-day accounts as well as ensuring compliance with all applicable laws and regulations related to the real estate sector.

• Key ResponsibilitiesMaintain books of accounts and complete accounting records.
• Prepare and reconcile bank accounts, ledgers, receivables, payables, and cash flow statements.
• Record sales, purchases, brokerage payments, commissions, advances, and property transactions.
• Prepare monthly MIS reports, P&L, Balance Sheet, and management reports.
• Handle vendor payments, customer receipts, and fund management.
• Coordinate with auditors, banks, consultants, and government authorities.
• Manage accounting software such as Tally, Zoho Books, or similar ERP systems.

Mandatory Compliance Knowledge (Must Have)The candidate must have practical working knowledge of:

• Direct TaxationTDS deduction, payment, return filing, and reconciliation.
• TDS on rent, professional fees, contractor payments, commission, brokerage, and salaries.
• Form 16, Form 16A, and TRACES portal.
• Advance Tax and Income Tax provisions.
• Corporate Income Tax compliance.
• GST ComplianceGST registration and amendments.
• GST invoicing and e-invoicing requirements.
• GSTR-1, GSTR-3B, and annual return filing.
• Input Tax Credit (ITC) reconciliation.
• GST implications on real estate transactions.
• Reverse Charge Mechanism (RCM).
• ROC & Corporate ComplianceROC annual filings.
• Director-related compliances.
• Board resolutions and statutory registers.
• MCA portal filings.
• Compliance under the Companies Act.
• Payroll & Labour ComplianceSalary processing.
• PF compliance.
• ESIC compliance.
• Professional Tax (where applicable).
• Labour law compliance and employee records.
• Real Estate-Specific KnowledgeAccounting of property bookings, cancellations, transfers, and refunds.
• Brokerage and commission accounting.
• Understanding of Builder-Buyer Agreements.
• RERA-related financial documentation and compliance.
• Customer ledger management.
• Escrow and project-specific accounting (preferred).
• Property transfer and assignment accounting.
• Real estate revenue recognition principles.
• Required SkillsStrong command over Tally Prime and MS Excel (VLOOKUP, Pivot Tables, MIS Reporting).
• Excellent understanding of taxation and statutory compliance.
• Ability to independently close monthly and yearly accounts.
• Strong analytical and reconciliation skills.
• Good communication and documentation abilities.
• QualificationB.Com / M.Com / CA Inter / CMA Inter preferred.
• Minimum 3–5 years of accounting experience.
• Prior experience in the real estate industry will be highly preferred.

Selection CriteriaCandidates will be assessed on:

• Practical accounting knowledge.
• GST and TDS expertise.
• Real estate accounting experience.
• Compliance handling capability.
• Excel and reporting skills.

Only candidates with hands-on experience in GST, TDS, ROC filings, payroll compliance, and real estate accounting will be considered for this position.