Group Leader - Property Accounting

Job Location: Chennai, India

• Managing a team of accountants and ensuring adherence to daily BAU activities

• Ensuring timely delivery of financial statements according to client agreements

• Regular interactions/discussions with clients on the financial performance of their properties

• Responding to accounting questions related to the client’s business within strict TATs

• Taking responsibility for the accuracy of financial statements prepared by his/her team

• Supervision of the accounting team in reviewing rent rolls, reconciling bank statements and monitoring monthly operating results against agreed budgets

• Coordination with operational team members to prepare and approve financial budgets for each property assigned to them

• Coordination with the Controller, CFO, and other Assistant Controllers to establish and implement short/long-range departmental goals, objectives, policies, and operating procedures

• Review of CAM reconciliation, management fee calculation, accruals, current liabilities, and aging (AR, AP & BRS)

• Facilitate hiring as well as annual performance reviews for a team of assistant controllers and accountants

• Managing team efficiency and providing staffing recommendations to meet expected performance metrics

• Providing support in financial audit requests and providing recommendations for procedural improvements

• Review of all Balance Sheet accounts for any changes and understanding the data in these accounts

• Reports generation for further review and reporting, such as variance analysis, balance sheet, P&L, account reconciliation and aging.

• Timely creation of accurate financial statements as per business requirements

• Deep understanding of financial concepts as applicable in the US commercial landscape

• Proven organizational skills, especially attention to detail and ability to multi-task effectively

• Excellent critical reasoning, analytical, problem solving and quantitative skills

• Strong interpersonal, written and verbal communication skills

• Experience with ERPs such as Yardi, Entrata & Real Page

• Proficient with MS office, PowerPoint & Visio

• JIRA, Macro and Power BI will be added advantage

• Bachelor’s or higher degree in Accounting

• M.Com, MBA (Finance & Accounting), or CPA preferred

• 8+ years of relevant experience in a similar environment

• Familiarity with multi-family, student housing and affordable housing property management and accounting is preferred