Senior Accounting Specialist

24 hours ago

Hubli, Karnataka, India beBeeAccountant Full time ₹ 10,08,000 - ₹ 12,10,800
Job Summary

This is a unique opportunity to join our team as an Intercompany Accountant. In this role, you will be responsible for initiating and reconciling intercompany transactions related to development projects, construction jobs, co-investment entities, and other business lines.

Main Responsibilities:
  • Initiate and reconcile intercompany transactions related to development projects, construction jobs, co-investment entities, and other business lines.
  • Track and reconcile accounts receivable (AR) and accounts payable (AP) balances, ensuring timely settlements and following up on outstanding balances over 60 days.
  • Investigate and resolve intercompany discrepancies, ensuring alignment across business units.
  • Process billback corrections as requested by development and construction accounting teams.
Month-End Close & Consolidation:
  • Assist in the monthly close process, ensuring intercompany transactions are properly coded, approved, and recorded.
  • Collaborate with financial planning and analysis (FP&A) and development accounting teams to ensure expenses are directed to the correct ledger.
  • Prepare journal entries to reclassify expenses to regional ledgers.
  • Ensure accurate intercompany reporting within Oracle ERP system.
Cross-Functional Collaboration:
  • Work with tax teams to ensure timely payment and billback of federal, state, and local taxes and fees.
  • Partner with corporate accounting teams to enhance enterprise-wide efficiency and standardization of intercompany processes.
  • Participate in system testing and ERP upgrades related to intercompany functions.
Qualifications:
  • Bachelor's degree in Finance, Accounting, or a related field.
  • At least 3 years of accounting experience, preferably with high-volume transactions in a real estate, development, or construction accounting environment.
Technical Skills:
  • Strong knowledge of corporate and project accounting principles, Generally Accepted Accounting Principles (GAAP), and multi-entity consolidations.
  • Understanding of business operations to ensure accurate expense coding.
  • Experience with real estate accounting and ERP systems such as Oracle, Yardi, MRI, JD Edwards, RealPage, or SAP.
  • Advanced Excel skills, including pivot tables, VLOOKUPs, and data analysis.
Soft Skills:
  • Strong analytical and problem-solving abilities with attention to detail.
  • Excellent communication and cross-functional collaboration skills.
  • Strong organizational skills to manage high-volume transactions and requests.
  • Ability to prioritize multiple tasks in a fast-paced environment.
  • Self-motivated with the ability to work independently and adapt to new processes.

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