RTR Associate - II

Job Title:

RTR Associate II / Senior RTR Associate

Project Overview:

The onshore company is a real estate holding company, which in tandem with a set of other inter-related registered entities, owns, operates & manages assisted living centers across the West Coast in the US. Current finance and accounting processes include accounts receivable, accounts payable, general ledger, real estate, inter-company accounting and reporting.

Position Summary

Established in 1984, our group of associated companies has built a strong reputation as a dynamic Export and Trading House, primarily focused on textiles and textile intermediaries. Over the years, weve successfully diversified into multiple business domains, driven by innovation and adaptability.

In early 2023, we launched a new division focused on Outsourced Servicesspanning Knowledge, Business, and Finance verticals. This division is young, fast-growing, and full of exciting opportunities.

Were offering a unique chance to be part of a startup-style environment within an established organization. You’ll work with a forward-thinking outsourcing team that delivers customized offshoring solutions to mid-sized and mass-market American companies.

Employment Details

CTC:

Work Experience:

Notice Period:

Joining:

Screening & Interview Process:

Work Location:

Shift Timings:

Job Description

1. Bank reconciliations for 100+ primary accounts & secondary accounts – performed weekly, finalized end of month.
   
2. Maintaining Excel based corporate cash forecast weekly.
   
3. Assisting with month-end close activities.
   
4. Saving down internal reporting and investor reporting reports in relevant folders.
   
5. Recording vendor refunds from payment processor.
   
6. Recording bank transfers to vendors on ERP system while performing bank reconciliation.
   
7. Recording JEs for statistical occupancy levels of residents for various property groups.
   
8. Reviewing Travel & Expense reports for GL coding and other inconsistencies & processing them on Ramp & SAP Concur.
   
9. Recording accruals for PTOs and Employee Time Transfers between various intercompany entities.
   
10. Executing some A/R related tasks such as recording deposits and e-payments and ensuring accuracy and strict adherence to SLA & TAT.
    
11. Reconcile monthly bank statements to GL.
    
12. Reconcile Accounts Receivable to GL.
    
13. Reconcile Accounts Payable to GL.
    
14. Maintain Fixed Asset schedules and book purchases, disposals, and depreciation entries.
    
15. Inter-company accounting/billing and passing JEs and AJEs to that effect.
    
16. Assisting with monthly close of the books.
    
17. Other RTR, A/R & FP&A related tasks as & when required.
    
18. Constant vetting of prepared SOPs. Recognizing, diagnosing, and highlighting process & platform inefficiencies internally to superiors and to the onshore team.
    
19. Preparing internal SOPs for tasks & processes and keeping them updated.
    
20. Ad-hoc projects from time to time as per the requirements of the project.
    

Qualifications / Must Haves (Job Requirements)

1. Advanced MS Excel: Candidate should be competent and comfortable with working on MS Excel. Should be proficient in Advanced Excel Formulas & other excel functions and/or features.
   
2. Comprehension Skills – Candidate should have good English-language comprehension skills. Candidate should easily be able to comprehend information in English and grasp sufficient & accurate information within a reasonable timeframe.
   
3. Accounts & Commerce: Candidate should have a good knowledge of accounting principles (double entry bookkeeping, general ledgers, journal entries etc) and General Commerce items like Invoices, Payment Receipts, Credit Memos etc. Candidates should be Commerce graduates or Management graduates with accounting background but having achieved some accounting professional certifications.
   
4. Communication skills: Candidate should have good soft-skills, spoken English and email-writing skills. Candidate will be charged with daily direct email communications and video con-calls with the American onshore team and should be adept at communicating effectively in English.
   
5. Platform experience: Candidates should possess previous experience with ERPs or accounting systems in one or more of their past roles.
   
6. Domain knowledge: Candidate should have a good grasp over intercompany, fixed asset and general ledger accounting.

Good to Haves (Bonus Points):

1. Experience with accounting tools RealPage or Yardi which is used primarily in real-estate accounting. It is a whitelabelled version of NetSuite & Sage Intacct.
   
2. Previous experience with AP tool AvidExchange.
   
3. Previous experience working on and with ticketing system FreshDesk.
   
4. Previous experience working on T&E tools Ramp & SAP Concur.
   
5. Previous experience in any role/s doing real estate and inter-company accounting.
   
6. FP&A experience in any of their past roles.
   

About Us

What You’ll Experience:

• Hands-on exposure to American Accounting, Finance, Marketing, and Knowledge processes
  
• Direct collaboration and face time with Western clients and counterparts
  
• Access to modern tech systems and agile workflows
  
• A culture that values continuous learning, skill development, and career growth
  

We believe in investing in our people. Our goal is to help you enhance your current skill sets, develop new capabilities, and build a holistic, fulfilling career path.