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Property Accountant

Property Accountant

TalentBridgeGandhinagar, Gujarat, India
22 hours ago
Job description

Position : Property Accountant

Department : Finance

Location : Gandhinagar

Work Mode : Work from Office

Shift timings : 5 : 30 pm to 3 : 30 am IST, 4 : 30 pm to 2 : 30 am IST (Daylight saving applicable)

Accounting Tool : YARDI and / or Timberline is a MUST.

Overview

We are seeking an organized and detail-oriented Staff Accountant to join our team. The ideal candidate will have a strong understanding of financial concepts and technical accounting principles. This position offers the opportunity to work with various accounting software systems and contribute to the smooth operation of the finance department.

WHAT WE EXPECT YOU TO HAVE

  • Flexibility working in US shift.
  • Must have excellent English communication in verbal and written both. Good interpersonal and organizational skills.
  • CA and / or minimum Bachelor of Commerce degree with 5+ years’ Hospitality (Hotel) accounting and finance experience and / or training; or equivalent combination of education and experience.
  • In-depth working knowledge of YARDI and / or Timberline is a MUST.
  • Hands-on experience with Excel, Word, and Outlook.
  • Should have experience in finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles.
  • Demonstrate strong leadership qualities, including the ability to guide and mentor junior team members, who have managed 4-5 people in the last 2-3 years.
  • Create and maintain professional work relations with peers; prioritize work; multi-task; communicate effectively in written and oral form.
  • Ability to solve practical problems and deal with relative situations.

WHAT YOU’LL BE DOING

  • Prepare financial statements, including current monthly, quarterly and year to date variances including creating and posting entries, general ledger review and completion of back-up schedules.
  • Analyze and research budget variances.
  • Monitoring of cash flow for each property and cost control / expanses to achieve budgeted NOI.
  • Coordinate with mortgage companies on issues involving mortgage payment, tax and insurance escrows, replacement reserve accounts, etc.
  • Prepare year-end work paper packages for audits and tax returns to be provided to outside CPAs.
  • Answer questions on monthly financials statements.
  • Processing AP / AR including reviewing accounts payable batches for proper coding and approvals, propriety of payments, supporting documents, etc. Post reviewed and approved Accounts Payable (AP) batches.
  • Evaluate and make appropriate improvements to internal accounting processes ensuring that practices are in-line with the overall goals of the organization.
  • Establish and maintain relationships with banks and other financial institutions.
  • Assisting in month-end closing duties
  • Prepare and submit Form 1099 tax filings.
  • Accurately record income, expenses and changes in assets and liabilities on a monthly basis.
  • Assist property manager in annual budget process with Asset and Property Managers.
  • Assist property management with quarterly forecasts for assigned properties.
  • Read and understand the partnership agreement, the property management agreement and any loan documents related to assigned properties.
  • Prepare wire transfers and / or check requests as needed.
  • WHAT WE OFFER

  • Comprehensive Training : Product familiarization and skills development to help you succeed.
  • Global Exposure : Direct engagement with international clients and a luxury wellness brand.
  • Career Growth : Be part of an expanding global hospitality vision.
  • Supportive Work Environment : A professional setup aligned with US market hours.
  • Create a job alert for this search

    Accountant • Gandhinagar, Gujarat, India

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