Commercial Property Accountant

5 days ago

Tiruchi, Tamil Nadu, India beBeeAccountant Full time ₹ 10,00,000 - ₹ 15,20,000
Property Accountant Opportunity

A skilled Property Accountant is required to oversee a portfolio of commercial properties, owned by various entities and meeting lender, tax, and investor requirements.

Key Responsibilities:
  • Manage property level accounting including rent rolls, lease maintenance, cash management, financial reports, annual budgets, and quarterly budget re-projections.
  • Work closely with external property teams to review and approve operating and tax escalations, annual estimates, quarterly and annual reconciliations, cost pools, expense caps, exclusions, gross ups, and base year calculations.
  • Manage loan compliance, mortgage payments, lender reporting, loan and escrow draw, and prepare unaudited financial reports as required by ownership.
  • Provide comprehensive audit support and prepare audited financial statements with footnotes (FV and Tax basis).
Requirements:
  • 5-8 years property accounting experience, with the majority in commercial real estate.
  • Experience with Funds and/or Joint Ventures, fair value GAAP, tax accounting, TRS (Taxable REIT Subsidiaries), tenant recoveries (CAM), and waterfall calculations.
  • Proficient with financial software systems applications, Microsoft Windows software programs, and MRI experience preferred.
Working Environment:

The ideal candidate will have excellent communication skills, be able to work independently, and multitask effectively in a fast-paced environment.

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