Senior Accountant

4 days ago

Noida, India Bm2k Global Full time

Job Title: Multifamily Property Management Senior Accountant

Job Summary:


We are seeking a highly skilled and detail-oriented individual to join our multifamily property management team as a Senior Accountant/Accounting Supervisor. In this role, you will be responsible for overseeing the financial operations and reporting for our portfolio of multifamily properties. Your expertise in property accounting, financial analysis, and team supervision will be vital in ensuring accurate and timely financial information and supporting the overall success of our property management operations.

  • Strong Knowledge of QuickBooks and Advanced Excel

Responsibilities:


  1. Financial Management:

  2. Manage and oversee the day-to-day accounting functions for our multifamily properties, including accounts payable, accounts receivable, general ledger, and financial reporting.

  3. Ensure accurate and timely completion of month-end and year-end closing processes.

  4. Prepare and review financial statements, budgets, and variance analyses for each property.

  5. Monitor cash flow, liquidity, and financial performance indicators to identify areas for improvement and make strategic recommendations.


  1. Property Accounting:

  • Maintain accurate records of property transactions, including rent collection, lease agreements, and vendor contracts.

  • Reconcile bank statements, investment accounts, and other financial statements related to the properties.

  • Coordinate with property managers to ensure accurate and timely recording of property-related expenses, income, and capital expenditures.

  • Compliance and Audit:

  • Ensure compliance with all applicable accounting principles, regulations, and industry standards.

  • Work closely with auditors during annual financial audits and assist in the preparation of audit schedules and supporting documents.

  • Implement and maintain internal controls to safeguard assets and mitigate financial risks.

  • Team Supervision and Development:

  • Lead and mentor a team of accounting professionals, providing guidance, training, and performance evaluations.

  • Foster a collaborative and positive work environment, promoting teamwork and professional growth.


Qualifications:

  • Bachelor's degree in Accounting, Finance, or a related field. CPA designation preferred.

  • Minimum of 5 years of experience in property accounting or real estate finance, preferably in a multifamily property management environment.

  • Strong knowledge of generally accepted accounting principles (GAAP) and property accounting concepts.

  • Proficient in using property management accounting software and Microsoft Excel.

  • Excellent analytical, problem-solving, and decision-making skills.

  • Strong attention to detail and ability to prioritize and meet deadlines.

  • Effective communication and interpersonal skills to liaise with internal stakeholders, property managers, and external auditors.

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