Property Accountant

3 days ago

Delhi NCR, India Gallagher & Mohan Full time ₹ 12,00,000 - ₹ 36,00,000 per year

Property Accountant (GL/R2R)

Role Overview
•

We are seeking a detail-oriented and experienced Property Accountant (GL/R2R) to join our dynamic real estate accounting team. The ideal candidate will be responsible for managing the day-to-day accounting operations of assigned properties within our real estate portfolio. This role requires a solid understanding of accounting principles, property management, and real estate finance. You will work closely with property managers, asset managers, and the Controller to ensure accurate financial reporting, budgeting, and compliance with all regulatory and company requirements.

Scope
•

  • Manage the end-to-end accounting cycle (R2R) for assigned properties, including journal entries, accruals, reconciliations, and financial statement preparation.
  • Maintain general ledger (GL) integrity by ensuring all transactions are recorded accurately.
  • Perform monthly, quarterly, and annual closing activities, including balance sheet and P&L reviews.
  • Prepare and review financial packages for each property, ensuring completeness and accuracy before submission to senior management.
  • Process and monitor accounts payable (AP) and accounts receivable (AR) activities, including vendor invoices, tenant billings, and collections.
  • Manage cash flow for assigned properties, including monitoring bank balances, reconciling accounts, and preparing funding requests or distributions.
  • Assist with budgeting and forecasting, including variance analysis and commentary on property performance.
  • Support draw requests, RFR submissions, and other compliance-related documentation for lenders and investors.
  • Collaborate with internal teams and external auditors to support audits, reviews, and other financial examinations.
  • Ensure adherence to internal controls, company policies, and industry regulations.

Software
•

  • Must have Yardi experience - non-negotiable.
  • Familiarity with AP systems, cash management workflows, and compliance processes in real estate accounting.

Required Education and Experience
•

  • Bachelors degree in Accounting, Finance, or a related field
  • 24 years of total accounting experience, including GL/R2R functions and 1+ year in property accounting (Multifamily experience preferred).
  • Strong knowledge of GAAP, real estate accounting principles, and property management operations.
  • Proficiency in Yardi and Microsoft Office Suite, especially Excel.
  • Strong analytical, problem-solving, and organizational skills with attention to detail.
  • Excellent communication and interpersonal skills, with a strong customer service mindset.

  • Ability to manage multiple priorities and meet deadlines in a fast-paced environment.

  • Title: Property Accountant (GL/R2R)

  • Department: Accounting Wing
  • Employment Type: Full-Time, Permanent
  • Location: Remote (New Delhi)
  • Shift Timings: EST/PST (US Time Zone)

Note: Immediate joiners are preferred (within a week).

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