Accountant (Property Management Accounting Team Member)

2 weeks ago

Hyderabad, Telangana, India Enormous It Services Full time ₹ 2,50,000 - ₹ 6,00,000 per year

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 2-6 years of experience in property management accounting or real estate accounting.
  • Experience in handling property management software (e.g., Yardi, 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.

  • Property Accounting Manager

    4 days ago

    Hyderabad, Telangana, India CES Full time

    We have an immediate job opportunity for you as an Analyst//Senior Analyst//Team Leader//AM - Property Accountant.Location : Hyderabad (Hybrid Model)Shift Timings : 3:00 PM IST to 12 AM ISTA property accountant manages the financial records, transactions, and reporting for real estate properties owned, managed, or leased by a company or individual. Their...

  • Property management Accountant

    2 weeks ago

    Hyderabad, Telangana, India Savi Technologies Full time ₹ 6,00,000 - ₹ 18,00,000 per year

    Hi candidates,,Hope youre doing well.Please find the job details belowRole: Senior Accountant (Property Management)Location: Madhapur, Hyderabad (Onsite)Shift: 5:30 PM 2:30 AM (US Shift)Experience: 5+ YearsNotice Period: Immediate Joiners OnlyJob Description:We're looking for a skilled Property Management Accountant with strong expertise in US Accounting,...

  • Property Accounting

    6 days ago

    Hyderabad, Telangana, India Citco Full time ₹ 5,00,000 - ₹ 15,00,000 per year

    About Citco:Citco is a global leader in fund services, corporate governance and related asset services with staff across 80 offices worldwide. With more than $1 trillion in assets under administration, we deliver end-to-end solutions and exceptional service to meet our clients' needs.For more information about Citco, please visit About the Team & Business...

  • Property Accounting

    4 days ago

    Hyderabad, Telangana, India The Citco Group Full time ₹ 5,00,000 - ₹ 15,00,000 per year

    Description About Citco:Citco is a global leader in fund services, corporate governance and related asset services with staff across 80 offices worldwide. With more than $1 trillion in assets under administration, we deliver end-to-end solutions and exceptional service to meet our clients' needs. For more information about Citco, please visit About the...

  • Accounting Processor

    2 weeks ago

    Hyderabad, Telangana, India Ratio Accounting & Financial Advisory Full time ₹ 6,00,000 - ₹ 12,00,000 per year

    Company DescriptionRatio Accounting & Financial Advisory, established in 2017, is a boutique accounting and advisory firm based in Abu Dhabi, United Arab Emirates. We provide accounting and financial advisory services to SMEs, government entities, non-profit organizations, and high net worth individuals. Our firm is known for offering personalized services,...

  • Accounts Payable Team Lead

    1 week ago

    Hyderabad, Telangana, India Sbcllp Full time ₹ 12,00,000 - ₹ 24,00,000 per year

    Company OverviewSteadfast Business Consulting LLP, headquartered in Hyderabad, is a renowned firm providing comprehensive advisory services in financial, auditing, taxation, secretarial, and legal advisory. As a leader in the CA firm industry, SBCLLP offers services tailored to various business needs. With a dedicated team of employees, we ensure proficient...

  • Accounts Executive

    2 weeks ago

    Hyderabad, Telangana, India JLL Full time ₹ 4,00,000 - ₹ 8,00,000 per year

    JLL empowers you to shape a brighter way.  Our people at JLL and JLL Technologies are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented people  and empowering them to  thrive, grow meaningful careers and to find a place where...

  • Manager, Fund Accounting

    1 day ago

    Hyderabad, Telangana, India Oaktree Capital Management, L.P. Full time ₹ 8,00,000 - ₹ 12,00,000 per year

    Our CompanyOaktree is a leader among global investment managers specializing in alternative investments, with about $200 billion in assets under management. The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in credit, private equity, real assets and listed equities. The firm has over 1200 employees and offices...

  • Accounts Manager

    1 week ago

    Hyderabad, Telangana, India Secunderabad Club Full time ₹ 36,00,000 - ₹ 72,00,000 per year

    Job post summaryPay: ₹30, ₹60,000.00 per monthJob description:Qualification: M.Com /M.B.AWe are looking for Head of accounts for our reputed organisation Secunderabad ClubExperience: 15-20 yearsKnowledge & ExperienceWe are seeking a Accounts Manager to oversee a team of 10 members. The ideal candidate must possess expertise in Tally, Profit and Loss...

  • Gooding Accounts

    4 days ago

    Hyderabad, Telangana, India Talent Formula Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Talent Formula ) is a consulting firm that offers outsourced financial and accounting Human Resources to Chartered Accounting firms worldwide. We currently have an Intermediate Accountant position available with our client, Gooding accounts. This role offers a unique opportunity to be the first team member based in India. You'll be working closely with a...