Staff Accountant - Property Accounting (3-10 yrs)

POSITION: STAFF ACCOUNTANT (PROPERTY ACCOUNTING)

EXPERIENCE: 3 - 10 Yrs

PACKAGE: Around 25 Lpa

LOCATION: Gurgaon

ROLE OVERVIEW:

Responsible for maintaining the accounting records including month-end close procedures, preparing & posting journal entries, reconciliations, and administrative matters for assigned projects and business entities.

RESPONSIBILITIES:

- Works closely with applicable (e.g. Controller, Property/Project Manager, and Accountants) to ensure accuracy of accounting and financial reporting and construction draws (if applicable)

- Perform cash management functions including but not limited to monitoring and recording cash transactions and reconciling bank accounts as well as setting up wire payments for distributions, debt service and other ad hoc wire payments OPEN

- May assist Property Management team with A/R Analysis for collection efforts

- Record journal entries to the general ledger and ensure records are kept in compliance with GAAP or other basis of accounting

- Maintain reporting and draw calendars for Property/Project

Perform month-end close procedures including preparation and/or review of account reconciliations

- Process recurring and one-off revenue billings; diligently record cash receipts

- General ledger review and analysis

- Prepare Property/Development Management fees and Construction Management fees ensuring proper calculation, invoicing and recording on a timely basis

- Maintain fixed assets including recording/setting up new fixed assets, recording monthly amortization/depreciation

- Prepare lender reserve/escrow/draw requests (TI, Commissions, Capital)

- Prepare monthly/quarterly financial statements and supporting schedules working closely with Property/Project Manager to ensure accuracy

- Carry out the proper procedures to ensure internal controls are being met

- May assist Asset Management and Property Management with annual property budget. Enter approved budget into applicable accounting system.

- Prepare information for financial statement and internal audits, as needed

- Assist Accounting Team with projects, ad hoc reports and analysis as requested