Development Accountant Specialist

2 days ago

Udaipur, Rajasthan, India beBeeAccountant Full time ₹ 9,00,000 - ₹ 12,00,000

Key Responsibilities:

A key role in our organization involves initiating and reconciling intercompany transactions related to development projects, construction jobs, co-investment entities, and other business lines.

  • Track and reconcile accounts receivable and payable balances, ensuring timely settlements and following up on outstanding balances over 60 days.
  • Investigate and resolve intercompany discrepancies, ensuring alignment across business units.
  • Process billback corrections as requested by development and construction accounting teams.

Month-End Close & Consolidation:

  • Assist in the monthly close process, ensuring intercompany transactions are properly coded, approved, and recorded.
  • Collaborate with finance professionals and development accounting teams to ensure expenses are directed to the correct ledger.
  • Prepare journal entries to reclassify expenses to regional ledgers.
  • Ensure accurate intercompany reporting within enterprise resource planning systems.

Cross-Functional Collaboration:

  • Work with tax specialists to ensure the timely payment and billback of federal, state, and local taxes and fees.
  • Partner with corporate accounting teams to enhance efficiency and standardization of intercompany processes.
  • Participate in system testing and enterprise resource planning upgrades related to intercompany functions.

Qualifications:

Education & Experience:

  • Bachelor's degree in Finance, Accounting, or a related field.
  • 3+ 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, Generally Accepted Accounting Principles (GAAP), and multi-entity consolidations.
  • Understanding of business operations to ensure accurate expense coding.
  • Experience with real estate accounting and enterprise resource planning 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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