Senior Accountant

4 weeks ago


Hyderabad, India H I R E Full time

Job Description Greeting from H I R E Hiring for the following Job Vacancy : Role: Senior Accountant (Property Management) Job Responsibilities : * Perform day-to-day accounting functions including Bank Reconciliations, Accounts Payable (AP), Accounts Receivable (AR), and Journal Entries. * Maintain general ledger, post transactions, and assist with month-end and year-end closing procedures. * Prepare and review Financial Statements (Balance Sheet, Income Statement, and Cash Flow) in compliance with US GAAP. * Reconcile discrepancies in accounts, including tenant payment histories, vendor invoices, and property-related expenses. * Ensure all property-related transactions are recorded accurately, including maintenance costs, taxes, insurance, and other operational expenses. * Prepare monthly and quarterly reports, including variance analysis for budget versus actual performance. * Provide financial performance metrics such as Net Operating Income (NOI), Cap Rate, and ROI to support management decision-making. * Support the preparation of property tax filings, vendor 1099 forms, and other compliance-related documentation. * Assist in the preparation of property budgets and financial forecasts. * Work closely with US counterparts to understand existing processes and identify improvement opportunities. * Assist with cash flow forecasting, ensuring sufficient liquidity for property operations and debt servicing. * Reconcile and clear any unreconciled transactions in various accounts. * Support the preparation of monthly bank reconciliation reports regarding cash deposits and undeposited funds. * Collaborate with property managers and financial analysts to ensure accurate and timely financial reporting. Basic Qualifications: * Should be a Commerce Graduate. * Strong understanding of US Accounting principles, including US GAAP, property tax regulations, and IRS filing requirements. * Minimum 5+ years of experience in property management accounting or real estate accounting. * Experience in handling property management software (e.g., Yardi, AppFolio, MRI Software) will be preferred. * Proficiency in General Ledger accounting, accounts payable/receivable, and month-end closing processes. * Strong experience with bank reconciliations, AR/AP reconciliation, and financial reporting. * Experience in preparing financial statements, variance analysis, and budgeting. * Should have excellent communication skills and client interaction experience, especially working with US-based teams. * Strong willingness to learn and grow in the property management accounting field. * Should be willing to work in US shifts to coordinate with onshore teams. * Can join immediately. * Should work from office. Must have US Property Management Accounting experience to be considered for this opening. Industry: Outsourcing / BFSI / Accounting. Permanent Shift: 5:30 PM to 2:30 AM. Location: Madhapur, Hyderabad. Notice period: Immediate joiners only. Interested canshare their Resume[Confidential Information] WhatsApp : 88853 87889


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