Property Accountant

Summary:

• 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 YOULL 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.