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Development Accountant Role

3 weeks ago

Nagpur, Maharashtra, India beBeeAccountant Full time ₹ 1,22,88,000 - ₹ 1,53,36,000

We are seeking a highly skilled and detail-oriented professional with 5+ years of experience in U.S. property management accounting.

The ideal candidate will be hands-on with draw accounting, payables, payrolls, and financial statement preparation, while maintaining accuracy and compliance with U.S. standards.

  • 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)
    • 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 cross-functional teams to reduce delinquencies.
    • Operational Support
    • Collaborate with cross-functional teams to address accounting queries.
    • Provide insights and support for decision-making.

Required 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.