Property Portfolio Manager

3 days ago

Guntur, Andhra Pradesh, India beBeeAccountant Full time ₹ 1,50,00,000 - ₹ 2,50,00,000
Commercial Property Manager Job Description

About the Opportunity:

This is a highly challenging and rewarding role that requires you to oversee a diverse portfolio of commercial properties. You will be responsible for ensuring that these properties meet lender, tax, and investor requirements.

You will work closely with third-party property teams who manage day-to-day accounting operations using MRI software.

Key responsibilities include:

  • Preparing financial reports, annual budgets, and quarterly budget re-projections at the property level
  • Reviewing third-party property accounting for consistency, accuracy, and proper accounting
  • Managing rent rolls and lease maintenance
  • Cash management, including weekly check fundings
  • Providing support to third-party MRI users
  • Reviewing and approving operating and tax escalations
  • Annual estimates, quarterly, and annual reconciliations
  • Managing loan compliance, mortgage payments, and lender reporting
  • Preparing unaudited financial reports as required by ownership
  • Providing comprehensive audit support and preparing audited financial statements with footnotes
  • Collaborating with Beacon construction professionals on accounting for development projects
  • Preparing ad-hoc financial analysis and reporting as needed

Additionally, you will be responsible for:

  • Joint Venture Accounting, reviewing and complying with operating agreements
  • Preparing financial reporting on a consolidation or combined level, including audited financial statements with footnotes
  • Cash management, including capital calls and distributions
  • Calculating and processing management fees and income allocations

Requirements include:

  • 5-8 years of property accounting experience, with the majority in commercial real estate
  • Experience with funds and/or joint ventures
  • Experience with fair value GAAP, tax accounting, and IFRS
  • Proficient with tenant recoveries (CAM), waterfall calculations, and year-end audit
  • Ability to work independently, communicate effectively, and multitask
  • Proficiency with financial software systems and Microsoft Windows software programs

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