Commercial Property Accountant

2 days ago


Vellore, Tamil Nadu, India beBeeAccounting Full time ₹ 12,90,000 - ₹ 19,30,000
About the Opportunity

This role is responsible for a portfolio of commercial properties, owned by various funds and joint ventures. The ideal candidate will work closely with multiple teams to meet lender, tax, and investor requirements.

The primary duties include:

  • Managing property-level accounting, including reviewing third-party property accounting for consistency, accuracy, and proper accounting.
  • Oversight of third-party property teams, ensuring timely completion of tasks and adherence to financial standards.
  • Cash management, including weekly check fundings, rent rolls, and lease maintenance.
  • Financial reporting, annual budgets, and quarterly budget re-projections.
  • Tax basis amortization and depreciation calculations, as well as preparation of unaudited financial reports.
Required Skills and Qualifications

To be successful in this role, candidates must possess:

  • 5-8 years of property accounting experience, with a focus on commercial real estate.
  • Experience working with funds and/or joint ventures, including knowledge of fair value GAAP, tax accounting, and IFRS.
  • Proficiency in tenant recoveries (CAM) and understanding of waterfall calculations.
  • Strong analytical and problem-solving skills, with the ability to multitask and prioritize.
  • Proficiency in financial software systems applications, including MRI experience.
Benefits

This role offers a dynamic work environment, with opportunities for professional growth and development. The ideal candidate will be able to work independently and effectively communicate with colleagues and stakeholders.

Others

This position requires strong attention to detail, organizational skills, and the ability to meet deadlines in a fast-paced environment. The ideal candidate will be able to adapt to changing priorities and contribute to a team-oriented culture.



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