Property Financial Specialist

3 days ago

Nellore, Andhra Pradesh, India beBeeAccountant Full time ₹ 10,00,000 - ₹ 12,50,000

Job Summary

We are seeking a highly skilled Property Accountant with 3+ years of experience in U.S. property management accounting.

The ideal candidate will have expertise in financial reporting, development accounting, and supporting key property management operations.

Key Responsibilities:

  • Financial Reporting & Development Accounting: Prepare, review, and analyze financial statements for development projects.
  • Maintain general ledgers and ensure accurate monthly and year-end closing.
  • Handle draw accounting, including preparation and tracking of draw requests.
  • Payables & Cash Management: Process and approve payables, wire requests, and ensure timely disbursements.
  • Run aging reports, monitor outstanding payables, and follow up with vendors.
  • Accounts Payable (AP) & Accounts Receivable (AR): Process invoices, review supporting documentation, and ensure proper coding and approvals.
  • Record rent and other receivables accurately and on time.
  • Reconcile vendor statements and resolve discrepancies.
  • Run aging reports and follow up with vendors for outstanding balances.
  • Generate AR aging reports and work with property managers to reduce delinquencies.
  • Operational Support: Collaborate with U.S. cross-functional teams to address accounting queries.

Preferred Skills & Qualifications:

  • Experience: Minimum 3+ years of accounting experience in U.S. property management.
  • Software Skills: Proficiency in Yardi.
  • Technical Skills: Advanced Excel skills for data analysis, reporting, and reconciliations.
  • Knowledge Areas: Development accounting, draw accounting, financial statements, wire transfers, payables, and payroll processing.
  • Strong analytical and problem-solving skills with excellent attention to detail.
  • Effective communication skills to collaborate with U.S. stakeholders.

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