Property Accountant
1 month ago
Job Title: Property Accountant (India - Remote)
Position Summary:
We are seeking a skilled and experienced Property Accountant to join our team. The ideal candidate will have a background in accounting and property management, with a strong focus on analyzing monthly reports and driving process improvements. This is a full-time remote position based in India.
Primary Responsibilities:
- Maintain accurate and comprehensive accounting records for each assigned property in accordance with Generally Accepted Accounting Principles (GAAP).
- Record monthly adjusting and accrual journal entries to ensure accurate financial reporting.
- Perform monthly reconciliations of Balance Sheet accounts and bank statements.
- Compile a monthly financial statement package with all necessary supporting documentation.
- Conduct detailed analysis and provide explanations for budget variances in key income statement accounts.
- Monitor and maintain cash balances for the assigned properties.
- Update the cash flow projection to ensure accurate financial forecasting.
- Assist in the annual audit and budget preparation processes.
Qualifications:
- Minimum of 2 years of progressive accounting experience in the commercial or residential real estate industry.
- Demonstrated ability to meet deadlines and deliver high-quality work.
- Strong understanding of GAAP and its application in real estate accounting.
- Should be a qualified CA / CPA.
- Should have knowledge of Yardi.
- Excellent communication skills, both written and verbal.
- Self-motivated with the ability to work independently and remotely.
Work Timings: Eastern Standard Time Zone.
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