Financial Transactions Specialist

3 hours ago

Jaipur, Rajasthan, India beBeeAccountant Full time ₹ 7,50,000 - ₹ 10,00,000
Key Responsibilities:
  • We are seeking a highly skilled Financial Transactions Specialist to join our team. The successful candidate will be responsible for initiating and reconciling intercompany transactions related to development projects, construction jobs, co-investment entities, and other business lines.
  • The ideal candidate will track and reconcile AR and AP balances, ensuring timely settlements and following up on outstanding balances over 60 days.
  • The selected individual will investigate and resolve intercompany discrepancies, ensuring alignment across business units.
  • The Specialist will process billback corrections as requested by development and construction accounting teams.
Month-End Close & Consolidation:
  • The Financial Transactions Specialist will assist in the monthly close process, ensuring intercompany transactions are properly coded, approved, and recorded.
  • Collaborating with FP&A and development accounting teams, the Specialist will ensure expenses are directed to the correct ledger.
  • Preparation of journal entries to reclassify expenses to regional ledgers is a key responsibility of this role.
  • The Specialist will ensure accurate intercompany reporting within Oracle.
    • Cross-Functional Collaboration:
    • The Financial Transactions Specialist will work with tax teams to ensure the timely payment and billback of federal, state, and local taxes and fees.
    • Partnering with corporate accounting teams, the Specialist will enhance enterprise-wide efficiency and standardization of intercompany processes.
    • Participation in system testing and ERP upgrades related to intercompany functions is also required.
    Qualifications:

Education and Experience:

  • A Bachelor's degree in Finance, Accounting, or a related field.
  • Three or more 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, 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 (pivot tables, VLOOKUPs, 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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