Accountant

Accountant – Real Estate & Construction (Prana by Nilaya)

LocationCompany: Nilaya Eco Homes LLP

Office / Site: Ranchi (Project: Prana by Nilaya, BIT Mesra Road, Near Navodaya Vidyalaya, Mesra)

About Nilaya Eco Homes LLP & Prana by NilayaNilaya Eco Homes LLP is a detail-oriented real estate development firm focused on creating well-designed, spacious and mindful homes.

Prana by Nilaya is our flagship high-rise residential project (B+G+12) near BIT Mesra, Ranchi, with carefully planned apartments, ample open spaces and lifestyle amenities.

We are looking for an Accountant experienced in Real Estate / Construction who can handle project-level accounts, customer payments, vendor bills and statutory compliances with accuracy and discipline.

Role SummaryThe Accountant will be responsible for end-to-end accounting and finance support for Nilaya Eco Homes LLP and the Prana by Nilaya project, including:

• Day-to-day bookkeeping and accounting entries
• Customer receipt tracking and demand schedules
• Vendor bill processing and project cost tracking
• GST, TDS and other statutory compliances (in coordination with CA)
• MIS and reports for management

This is a hands-on role requiring strong experience with Tally / accounting software, GST, TDS, and real estate billing structures.

• Key Responsibilities1. Day-to-Day AccountingRecord all accounting entries in Tally / accounting software:
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• Purchase, sales, receipts, payments, journal vouchers
• Petty cash expenses, site expenses, office expenses
• Maintain proper supporting documents for every transaction (bills, vouchers, approvals).
• Ensure correct ledger classification for all entries (project-wise, expense-head wise).
• 2. Customer Accounting – Flats / UnitsCoordinate with Sales Team for:
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• Booking details, unit details, payment plans, offers/discounts.
• Prepare and update customer-wise accounts:
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• Demand raised (as per construction-linked or time-linked plan)
• Amounts received, balance outstanding, interest/penalties if any
• Issue/verify receipts for customer payments (cash/cheque/NEFT/RTGS/UPI) and reconcile with bank.
• Keep records of:
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• Booking forms, allotment letters, cancellation / transfer cases, etc.
• Support in preparing statements for banks (for home loan cases) and customer clarifications.
• 3. Vendor & Contractor Bills – Project AccountingReceive and verify vendor / contractor bills for:
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• Civil works, material supply, labour, consultants, professional fees, etc.
• Coordinate with Site Engineer / Project Manager for:
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• Work done confirmation, measurements and approvals.
• Check:
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• Calculations, rates, applicable taxes (GST, TDS), advances, debit notes.
• Process entries and prepare payment proposals based on cash-flow and approvals.
• Maintain project cost summaries:
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• Head-wise and vendor-wise expenditure tracking for Prana by Nilaya.
• 4. GST, TDS & Statutory Compliance (with CA)Prepare data for monthly GST workings:
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• Sales (outward), Purchases (inward), Input tax credit, RCM (if applicable)
• Assist in:
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• GSTR-1, GSTR-3B workings in coordination with external CA / consultant.
• Handle TDS compliance:
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• Identify payments where TDS is applicable (contractor, professional, rent, etc.)
• Ensure timely deduction and payment of TDS
• Maintain TDS registers and provide details to CA for return filing.
• Maintain all relevant supporting documentation for audit and regulatory purposes.
• 5. Banking, Cash Flow & ReconciliationHandle bank-related tasks:
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• Preparing cheques / online payment instructions
• NEFT/RTGS/IMPS documentation as needed
• Perform bank reconciliation on a monthly (preferably weekly) basis.
• Maintain and reconcile petty cash – both head office and site cash (if applicable).
• Prepare simple cash-flow statements / projections (in coordination with management).
• 6. MIS & Management ReportingPrepare regular MIS reports such as:
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• Customer outstanding report (flat-wise)
• Collection vs target report (monthly)
• Project expenditure summary (by vendor / by head)
• Payables list – vendors, contractors, statutory dues
• Submit weekly and monthly financial summaries to management in agreed formats (Excel / PDF).
• 7. Coordination with Site, Sales & CAWork closely with:
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• Sales team – for customer payment status and demands.
• Site team / Project Manager – for vendor bills, site expenses, work progress vs payments.
• External CA / Consultant – for GST, TDS, income tax, audit, ROC/RERA related support.
• Provide all required financial data and documents for:
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• Loan proposals, RERA compliance (if applicable), banker meetings, audit queries.
• 8. Systems, Controls & Record KeepingImplement and follow basic internal controls:
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• Maker-checker for payments, approvals before processing, proper filing system.
• Maintain neat, audit-ready files (physical + digital):
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• Vouchers, invoices, agreements, approvals, bank statements, reconciliations, returns.
• Suggest improvements in accounting & documentation processes to improve accuracy and transparency.
• Eligibility & QualificationsEducationB.Com / M.Com in Accounts / Finance from a recognised institution.
• Inter CA / CMA will be an added advantage (not compulsory).
• ExperienceMinimum 5 years of experience in accounting.
• Out of this, at least 2–3 years in Real Estate / Construction / Infrastructure is strongly preferred.
• Experience with:
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• Project-based accounting
• GST & TDS
• Vendor and customer reconciliation
• Technical SkillsStrong working knowledge of Tally / Tally Prime (or similar accounting ERP).
• MS Excel – comfortable with:
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• VLOOKUP / XLOOKUP, basic formulas, filters, pivot tables.
• Good understanding of:
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• GST (basic structure, input credit, real estate billing logic)
• TDS on contractors, professionals, rent etc.
• Basic familiarity with RERA, home loan documentation and real estate billing formats is a plus.
• Behavioural SkillsHigh integrity and trustworthiness – especially in money-related matters.
• Very detail-focused and organized in maintaining records.
• Ability to handle multiple tasks and deadlines calmly.
• Strong communication in Hindi, and working English for emails and documentation.
• Proactive in following up for approvals, clarifications and missing documents.
• Work ConditionsLocation: Ranchi (Office / Site-based, with visits to project site at BIT Mesra as required).
• Working Days: 6 days a week (timings aligned with office / site schedule).
• Extended hours may be required during month-end, billing, audit or major events.
• CompensationSalary: As per experience, profile strength and local market standards.
• Possibility of increment and growth based on performance, reliability, and ability to handle larger portfolio as Nilaya grows.
• ReportingReporting To:
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• Director / Partner – Nilaya Eco Homes LLP
• Coordination with external CA / tax consultant