Sr Lead Accountant - Hyderabad
- FinAcct Technologies
- 2 - 7 years
- Hyderabad
- 3 months ago
- Email to a friend
- Report this job
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 5+ 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.
Job Classification
Industry: Financial Services (Asset Management)Functional Area / Department: Finance & AccountingRole Category: Accounting & TaxationRole: Financial AccountantEmployement Type: Full timeContact Details:
Company: FinAcct TechnologiesLocation(s): Hyderabad
Keyskills: Property Management Property management Accounting Yardi/AppFolio/MRI Software
Similar positions
FinAcct Technologies
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 b...
Job Listings
We are in open beta version of website, please let us know if any issues, at: info(at)indigojobs.in