Accounting Specialist

NKlusive · Greater kolkata area, India

Job Description

Accounting ERP Specialist – Cost Structuring

Location: Kolkata

Company: NK Realtors

Employment Type: Full-time

About NK Realtors

NK Realtors is one of Eastern India's leading real estate advisory and marketing organizations with a legacy of excellence spanning over three decades. As we continue to strengthen our project delivery and financial governance capabilities, we are building a robust ERP-driven cost management framework to enable real-time visibility into project costs across multiple residential developments.

About the Role

We are looking for an Accounting ERP Specialist – Cost Structuring to design and implement the cost architecture within our ERP ecosystem. This is not a routine accounting operations role—it is a system-building opportunity for someone who enjoys translating complex business processes into scalable financial structures.

The successful candidate will develop an end-to-end cost framework that provides accurate project costing across land acquisition, construction, design, marketing, amenities, and corporate overheads while ensuring financial transparency and decision-ready reporting.

This role is ideal for professionals who want to build systems from the ground up rather than maintain existing processes.

Key Responsibilities

ERP Cost Structure Design

• Design and implement the Chart of Cost Accounts, Cost Centers, and Cost Categories within the ERP.
• Develop a scalable cost architecture for multiple projects across different cities.
• Configure BOQ-linked cost structures wherever applicable.
• Ensure the structure supports future business expansion and new project launches.

Cost Allocation & Project Accounting

• Develop logical and auditable cost allocation methodologies for:
• Shared corporate overheads
• Marketing expenses
• Design and architecture costs
• Administrative costs
• Phase-wise project capitalization
• Land acquisition and development costs
• Common infrastructure and amenities
• Ensure compliance with accounting standards and audit requirements.

Budgeting & Cost Monitoring

• Configure Budget vs. Actual reporting within the ERP.
• Develop meaningful variance reports for project leadership.
• Build intuitive dashboards that enable management to review project financial health quickly.
• Improve reporting visibility for founders, finance leaders, and project heads.

Business Process Integration

• Work closely with Project, Construction, Finance, Procurement, and Site teams to understand actual cost flows.
• Translate operational workflows into efficient ERP configurations.
• Identify process gaps and recommend improvements to enhance cost visibility and financial control.

Continuous Improvement

• Refine and optimize the ERP cost framework as projects evolve.
• Ensure consistency, scalability, and data integrity across all projects.
• Support automation initiatives related to project accounting and financial reporting.

Desired Candidate Profile

Experience

• 2–6 years of hands-on experience configuring Project Accounting or Cost Accounting modules within ERP systems.
• Experience with Tally Prime, SAP Business One, Oracle NetSuite, Zoho Books , or similar ERP platforms.
• Experience in real estate, infrastructure, EPC, construction, manufacturing, or project-driven businesses is preferred.

Technical Competencies

• Strong understanding of:
• Cost Accounting
• Project Accounting
• Cost Allocation
• Overhead Absorption
• Capitalization vs. Expense Accounting
• Cost Center Accounting
• Budgeting & Variance Analysis
• Ability to build logical financial structures rather than simply operate existing ERP systems.
• Excellent analytical and problem-solving skills.

Behavioral Competencies

• Strong systems-thinking approach.
• Ability to simplify complex financial structures for business users.
• Comfortable working directly with founders, leadership teams, and cross-functional stakeholders.
• High ownership, attention to detail, and solution-oriented mindset.

Why Join NK Realtors?

• Opportunity to build a company-wide ERP cost architecture from the ground up.
• Work directly with leadership on high-impact business initiatives.
• Influence financial decision-making across multiple premium real estate developments.
• Be part of a fast-growing organization where your work directly shapes business outcomes.

Application Assignment (Mandatory)

Instead of a traditional cover letter, shortlisted applicants must submit a practical assignment demonstrating their approach to cost structuring.

Assignment

Design a Cost Structure Framework for a real estate company managing multiple simultaneous projects with shared corporate functions.

Your submission should include:

• Proposed Chart of Cost Accounts
• Cost Center hierarchy
• Cost Categories
• Project-wise allocation methodology
• Shared overhead allocation logic (Corporate, Design, Marketing, HR, Finance, etc.)
• Capitalization vs. Expense treatment
• Sample Budget vs. Actual reporting structure