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Reconciliation Specialist
2 months ago
Job Title: Reconciliation Specialist
Location: Hybrid, Pune
About Us:
Karnani is an accommodation and property management company dedicated to providing housing solutions to students & working professionals in the UK.
We manage a diverse portfolio of properties and prioritize operational excellence.
Job Description (Please read carefully)
We are seeking an experienced Reconciliation Specialist / Finance Admin to oversee accounts receivable and accounts payable functions within our property management company. You must have a strong background in financial management including but not limited to book keeping, AR, AP, Case handling, B2C servicing, cash flow management, dispute management and slightly you must also know about taxes.
Responsibilities:
- Manage all aspects of accounts receivable and accounts payable processes for the company's accommodation properties.
- Managing employee management, invoice processing, reimbursement procedures, and managing payslip and payroll operations.
- Oversee the billing and collection process, ensuring timely invoicing and payment of rents, utilities, and other fees.
- Monitor and manage tenant accounts, including reconciliations and resolving any outstanding issues or discrepancies.
- Coordinate with sales and property managers and leasing teams to ensure accurate and timely recording of rental income and expenses.
- Develop and maintain relationships with vendors and utility providers to facilitate timely payments and resolve billing discrepancies.
- Prepare monthly financial reports and analysis related to accounts receivable and accounts payable activities.
- Monitor cash flow and working capital requirements, optimizing cash management processes to ensure sufficient liquidity.
- Implement and maintain internal controls and procedures to safeguard company assets and ensure compliance with financial regulations.
- Collaborate with the finance team to support budgeting, forecasting, and financial planning activities.
- Stay informed about industry trends and best practices related to accounts receivable and accounts payable management.
NOTE: You will also be required to assist the company with administrative support into our operation like data collection, sheet alteration, paperwork sync and so on.
Qualifications:
- Bachelor's degree in Accounting, Finance, or related field; CPA or equivalent qualification preferred.
- Minimum of 4 years of similar industry experience in accounting or finance roles, with a focus on accounts receivable and payable functions.
- Proven experience working in property management, real estate, or related industries preferred.
- Strong understanding of accounting principles and financial reporting standards.
- Proficiency in accounting software and Microsoft Excel; experience with property
- Management software Quick books and Zoho books is a plus.
- Excellent communication and interpersonal skills, with the ability to collaborate
- effectively across departments and with external stakeholders.
- Detail oriented with strong analytical and problem solving abilities.
- Ability to work independently and prioritize tasks in a fast paced environment.
Benefits:
- Salary 40,000 INR - 55,000 INR / month (on hand)
- Timings and Days: Monday to Friday and Alternative Saturday's from 12:00 p.m. - 8:30 p.m. IST
- Paid time off and holidays
- Professional development opportunities
- Employment achievement rewards
How to Apply:
• Interested candidates are encouraged to submit their resume and cover letter detailing their relevant experience and qualifications to hr@thekarnani.com
Please include "Financial Controller Accounts" along with your name in the subject line of your email. Based on the JD, you must also tell us in your cover letter how you will fulfil the requisites.
Karnani is an equal opportunity employer committed to diversity and inclusion in the workplace. We welcome applicants from all backgrounds to apply. Maybe you could be the right person for us, so do not delay.