Qureos Mentor

Bricks and Milestones Projects LLP

Role Overview:The Accounts Receivable Lead will oversee project-level receivables for ongoing and completed residential projects. The role involves managing customer collections, reconciling receipts, preparing detailed MIS at unit and project levels, and ensuring accuracy in reporting. The ideal candidate should have hands-on experience with Joint Development Agreements (JDAs) &mdash; both area sharing and revenue sharing models &mdash; and proficiency in Tally.Key Responsibilities:1. Receivables Management<ul><li>Track and monitor customer receivables from booking till unit handover, ensuring timely collections.</li><li>Follow up with CRM for disbursements and overdue payments.</li><li>Maintain accurate customer accounts in Tally and Salesforce with regular reconciliations.</li><li>Share project-wise collection and outstanding status reports with management on a regular basis.</li><li>Track and maintain maintenance collections from customers for both ongoing and completed projects, ensuring proper accounting and reporting.</li></ul>2. JDA (Joint Development Agreement) Tracking<ul><li>Maintain and reconcile receivables for both area sharing and revenue sharing projects.</li><li>Coordinate with the Landowner/JD partner teams for tracking their share of receivables and reconciliation of accounts.</li><li>Share reports and coordinate with landowners for projects under revenue sharing models, ensuring transparency and timely updates.</li><li>Prepare project-level JDA statements showing sales, collections, and payable/receivable balances under each model.</li></ul>3. MIS &amp; Reporting<ul><li>Prepare detailed MIS at project level, including:</li><li>Unit-wise sales and collection data</li><li>Outstanding position &amp; overdue analysis</li><li>Revenue vs. target tracking</li><li>Consolidate and share weekly and monthly collection dashboards with management.</li></ul>4. Accounting &amp; Compliance<ul><li>Oversee recording of all receipts in Tally, ensuring linkage with project and unit details.</li><li>Ensure GST, TDS, and other statutory compliances related to receipts.</li><li>Coordinate with internal and statutory auditors for AR schedules, confirmations, and reconciliations.</li></ul>5. Team Building &amp; Training<ul><li>Guide and supervise 2&ndash;3 team members handling data entry, reconciliation, and follow-ups.</li><li>Lead team-building initiatives and provide ongoing training and mentoring to junior staff to enhance accuracy, accountability, and skill development.</li><li>Ensure accuracy and timeliness of daily updates by the team.</li><li>Support inter-departmental coordination with Sales, CRM, Legal, and Finance teams.</li></ul>Key Skills &amp; Competencies:<ul><li>In-depth knowledge of real estate receivables and JDA structures (area &amp; revenue sharing).</li><li>Experience in maintenance billing and collections for real estate projects.</li><li>Strong understanding of Tally accounting</li><li>Proficient in Excel, MIS reporting, and data analysis.</li><li>Ability to handle large data sets and maintain meticulous accuracy.</li><li>Good communication and follow-up skills with internal teams.</li><li>Organized, proactive, and detail-oriented with leadership capability.</li></ul>Qualifications:<ul><li>B.Com / M.Com / MBA (Finance)</li><li>Experience in real estate or construction accounting is mandatory</li><li>Working knowledge of Tally and Salesforce is essential</li><li>Familiarity with GST / TDS provisions and revenue recognition norms with respect to AR of residential real estate</li></ul>Performance Indicators (KPIs):<ul><li>Timeliness and accuracy of unit-level MIS and reconciliations</li><li>Reduction in receivable aging and overdue amounts</li><li>Accuracy of JDA project tracking and reporting</li><li>Timeliness of MIS and audit submissions</li><li>Team skill enhancement and efficiency improvements</li><li>Effective maintenance collection tracking and reporting</li><li>Team performance and task turnaround</li></ul>Job Type: Full-timePay: &#8377;450,000.00 - &#8377;600,000.00 per yearBenefits:<ul><li>Food provided</li><li>Health insurance</li><li>Paid sick time</li><li>Provident Fund</li></ul>Experience:<ul><li>Real Estate/Construction: 2 years (Required)</li></ul>Location:<ul><li>HSR Layout, Bengaluru, Karnataka (Required)</li></ul>Work Location: In person

Sr. Account Receivable

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Bricks and Milestones Projects LLP

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Sr. Account Receivable