Property Management Accountant

FinAcct Technologies is an ITEs/BPO company providing high quality flexible BPO services. FinAcct Technologies founded with purpose to enable companies to embrace an exceptional service in finance, accounting, consulting, marketing, Backoffice, IT services, ITeS solutions by leveraging the best stack of an outsourcing partnership that fit their needs.

We are looking for talented and enterprising candidates who have strong accounting acumen and willingness to learn the unknown and grow with the organization.

Whats In It For You

• Be a part of growing and transformation journey.
• This is the place to learn and enhance your skills while having the chance to work on enterprise level service Industry.
• Continuous learning and development opportunities to develop with Organization.

This position will report to FinOps Manager.

Job Description:

We are looking for a sharp, experienced Property Management Accounting Team Member with a strong understanding of accounting, financial analysis, and property management processes. This position requires US Accounting experience within the property management industry.

You should be an initiative-taker, motivated, with good communication skills and a positive, flexible approach to problem-solving. The applicant should have the ability to thrive in a fast-paced, deadline-driven environment and collaborate effectively with both offshore and onshore teams.

What We Are Looking For:

• Perform day-to-day accounting functions including Bank Reconciliations, Accounts Payable (AP), Accounts Receivable (AR), and Journal Entries.
• Maintain general ledger, post transactions, and assist with month-end and year-end closing procedures.
• Prepare and review Financial Statements (Balance Sheet, Income Statement, and Cash Flow) in compliance with US GAAP.
• Reconcile discrepancies in accounts, including tenant payment histories, vendor invoices, and property-related expenses.
• Ensure all property-related transactions are recorded accurately, including maintenance costs, taxes, insurance, and other operational expenses.
• Prepare monthly and quarterly reports, including variance analysis for budget versus actual performance.
• Provide financial performance metrics such as Net Operating Income (NOI), Cap Rate, and ROI to support management decision-making.
• Support the preparation of property tax filings, vendor 1099 forms, and other compliance-related documentation.
• Assist in the preparation of property budgets and financial forecasts.
• Work closely with US counterparts to understand existing processes and identify improvement opportunities.
• Assist with cash flow forecasting, ensuring sufficient liquidity for property operations and debt servicing.
• Reconcile and clear any unreconciled transactions in various accounts.
• Support the preparation of monthly bank reconciliation reports regarding cash deposits and undeposited funds.
• Collaborate with property managers and financial analysts to ensure accurate and timely financial reporting.

Basic Qualifications:

• Should be a Commerce Graduate.
• Strong understanding of US Accounting principles, including US GAAP, property tax regulations, and IRS filing requirements.
• Minimum 2-5 years of experience in property management accounting or real estate accounting.
• Experience in with property management software (e.g., AppFolio, MRI Software) is handling property management software (e.g., AppFolio, MRI Software) will be preferred.
• Proficiency in General Ledger accounting, accounts payable/receivable, and month-end closing processes.
• Strong experience with bank reconciliations, AR/AP reconciliation, and financial reporting.
• Experience in preparing financial statements, variance analysis, and budgeting.
• Should have excellent communication skills and client interaction experience, especially working with US-based teams.
• Strong willingness to learn and grow in the property management accounting field.
• Should be willing to work in US shifts to coordinate with onshore teams.
• Can join immediately.
• Should work from office.

Must have US Property Management Accounting experience to be considered for this opening.

Industry: Outsourcing / BFSI / Accounting.

Permanent Shift: 5:30 PM to 2:30 AM.

Location: Madhapur, Hyderabad.

Notice period: Immediate joiners only.