Development Accounting Specialist

15 hours ago

Belgaum, Karnataka, India beBeeProperty Full time ₹ 90,00,000 - ₹ 1,20,00,000

Accounting Professional

We are seeking a highly skilled and detail-oriented professional to lead our property accounting team. This role will focus on financial management, reporting, and operational support for development projects.

Key Responsibilities:

  • Financial Reporting: Prepare, review, and analyze financial statements for development projects. Maintain general ledgers and ensure accurate monthly and year-end closing.
  • Manage cash flow and disbursements: Process and approve payables, wire requests, and ensure timely disbursements. Run aging reports, monitor outstanding payables, and follow up with vendors.
  • Accounts Payable (AP) Management: Process invoices, review supporting documentation, and ensure proper coding and approvals. Approve payables, set up wire requests, and ensure timely disbursements.
  • Vendor Reconciliation: Reconcile vendor statements and resolve discrepancies. Run aging reports and follow up with vendors for outstanding balances.
  • Accounts Receivable (AR) Management: 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 stakeholders to reduce delinquencies.
  • Operational Support: Collaborate with cross-functional teams to address accounting queries. Provide insights and support for project-related decision-making.

Required Skills & Qualifications:

  • Experience: Minimum 5+ years of accounting experience in property management (development focus preferred).
  • Software Skills: Proficiency in Yardi.
  • Technical Skills: Advanced Excel skills for data analysis, reporting, and reconciliations.
  • Knowledge Areas: Financial management, cash flow management, accounts payable, accounts receivable, and payroll processing.
  • Strong analytical and problem-solving skills with excellent attention to detail.
  • Effective communication skills to collaborate with stakeholders.

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