Senior Accountant - Property Accounting

Overview

The organization is seeking a detail-oriented and highly analytical Senior Accountant – Property Accounting to support accounting and reporting for a portfolio of real estate properties. This role involves hands-on property accounting, including lease structures, reconciliations, and month-end close processes.

Responsibilities

Financial Reporting

• Prepare monthly, quarterly, and annual financial statements for real estate properties in accordance with GAAP (Generally Accepted Accounting Principles).

Budgeting and Forecasting

• Assist in the preparation of annual property budgets and forecasts.
• Monitor budget variances and provide detailed analysis and explanations for deviations.

General Ledger Management

• Maintain accurate and up-to-date general ledger entries for all property-related transactions, including:
  • Rent
  • Expenses
  • Accruals
  • Capital expenditures

Accounts Payable and Receivable

• Oversee AP and AR processes for property transactions, ensuring accuracy, completeness, and timely processing.

CAM (Common Area Maintenance) Reconciliations

• Prepare and review annual CAM reconciliations in line with lease agreements and industry standards.

Tax Compliance

• Assist in property tax filings and coordinate with external tax consultants to ensure compliance.

Audit Support

• Support internal and external audits by preparing schedules, reconciliations, and responding to auditor queries.

Financial Analysis

• Perform in-depth financial analysis, including:
  • Variance analysis
  • Trend analysis
  • ROI evaluation
  • Identifying performance insights

Process Improvement

• Identify and implement process improvements to enhance efficiency, accuracy, and control within the property accounting function.

Requirements

• Yardi hands-on experience is a must.
• Minimum 4+ years of experience in accounting, with relevant experience in property accounting.
• Minimum 1+ year of hands-on Yardi experience (Must-have).
• Strong understanding of GAAP and financial reporting standards.
• Proficiency in Yardi and Microsoft Excel.
• Strong analytical, problem-solving, and data interpretation skills.
• Excellent communication and interpersonal abilities.
• Ability to work independently and manage multiple priorities in a fast-paced environment.
• High attention to detail and accuracy.

Preferred Qualifications

• CA Qualified (Most preferred)

Compensation & Benefits

• Not specified in the job description.

Location

• Remote
• Shift Timing: EST/PST – US Time Zone

Job Details

• Employment Type: Full-Time, Permanent
• Department: Accounting
• Industry: KPO, Outsourcing/Offshoring
• Job Title: Senior Accountant – Property Accounting