Real Estate Accounting Professional

1 day ago

Surat, Gujarat, India beBeeAccounting Full time ₹ 25,00,000 - ₹ 50,00,000
Job Title: Real Estate Accounting Professional

We are seeking a highly skilled and detail-oriented professional to lead our property accounting operations.

This role will focus on financial management, reporting, and supporting key business functions.

The ideal candidate will be hands-on with financial statement preparation, general ledgers, and ensuring accuracy and compliance.

  • Key Responsibilities:
  • Financial Reporting & Management
  • 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.
  • 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)
  • Process invoices, review supporting documentation, and ensure proper coding and approvals.
  • Approve payables, set up wire requests, and ensure timely disbursements.
  • Reconcile vendor statements and resolve discrepancies.
  • Run aging reports and follow up with vendors for outstanding balances.
  • Accounts Receivable (AR)
  • Record rent and other receivables accurately and on time.
  • Monitor tenant ledgers, reconcile payments, and follow up on overdue balances.
  • Generate AR aging reports and work with property managers to reduce delinquencies.

Preferred Skills & Qualifications:

  • Experience: Minimum 5+ years of accounting experience in U.S. property management (development focus preferred).
  • 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 stakeholders.

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