Senior Accountant

Job Summary

The Senior Accountant is responsible for managing and overseeing accounting operations related to real estate properties, projects, and investments. This role ensures accurate financial reporting, compliance with accounting standards, timely closing of books, and effective financial controls across property portfolios.

Key Roles & ResponsibilitiesFinancial Accounting & Reporting

• Prepare and review monthly, quarterly, and annual financial statements for real estate entities and projects
• Ensure accurate recording of property revenues, expenses, accruals, and adjustments
• Handle month-end and year-end closing activities
• Maintain general ledger and supporting schedules

Real Estate–Specific Accounting

• Manage accounting for rental income, lease agreements, CAM (Common Area Maintenance) charges, and service income
• Account for property acquisitions, disposals, and capital expenditures
• Track construction-in-progress (CIP) and capitalization of costs
• Calculate depreciation and amortization of property assets
• Manage escrow, security deposits, and tenant advances

Budgeting & Forecasting

• Assist in preparation of annual budgets and financial forecasts for properties and projects
• Monitor actual performance against budget and analyze variances
• Support cash flow planning for property operations

Compliance & Audit

• Ensure compliance with accounting standards (IFRS / GAAP) and company policies
• Coordinate with external auditors and provide audit schedules and documentation
• Support tax filings, including property taxes, VAT/GST, and other statutory requirements

Accounts Payable & Receivable Oversight

• Review and monitor accounts payable and receivable related to properties
• Ensure timely invoicing, rent collection, and reconciliation of tenant accounts
• Approve vendor payments and expense allocations

Reconciliations & Controls

• Perform bank, escrow, and intercompany reconciliations
• Maintain strong internal controls over financial processes
• Identify and resolve discrepancies in financial records

Team & Stakeholder Support

• Guide and review work of junior accounting staff
• Coordinate with property management, leasing, and legal teams
• Provide financial insights to management for decision-making

Qualifications & SkillsEducation

• Bachelor’s degree in Accounting, Finance, or related field
• Professional certification (CA / CPA / ACCA / CMA) preferred

Experience

• 5–8 years of accounting experience, preferably in real estate or property management
• Experience with real estate accounting software (e.g., Yardi, MRI, SAP, Oracle, QuickBooks)

Technical Skills

• Strong knowledge of financial reporting and accounting standards
• Proficiency in MS Excel and financial analysis
• Understanding of lease accounting and property financials

Soft Skills

• Strong attention to detail and accuracy
• Analytical and problem-solving skills
• Good communication and coordination abilities
• Ability to meet deadlines in a fast-paced environmentJob Summary

The Senior Accountant is responsible for managing and overseeing accounting operations related to real estate properties, projects, and investments. This role ensures accurate financial reporting, compliance with accounting standards, timely closing of books, and effective financial controls across property portfolios.

Key Roles & ResponsibilitiesFinancial Accounting & Reporting

• Prepare and review monthly, quarterly, and annual financial statements for real estate entities and projects
• Ensure accurate recording of property revenues, expenses, accruals, and adjustments
• Handle month-end and year-end closing activities
• Maintain general ledger and supporting schedules

Real Estate–Specific Accounting

• Manage accounting for rental income, lease agreements, CAM (Common Area Maintenance) charges, and service income
• Account for property acquisitions, disposals, and capital expenditures
• Track construction-in-progress (CIP) and capitalization of costs
• Calculate depreciation and amortization of property assets
• Manage escrow, security deposits, and tenant advances

Budgeting & Forecasting

• Assist in preparation of annual budgets and financial forecasts for properties and projects
• Monitor actual performance against budget and analyze variances
• Support cash flow planning for property operations

Compliance & Audit

• Ensure compliance with accounting standards (IFRS / GAAP) and company policies
• Coordinate with external auditors and provide audit schedules and documentation
• Support tax filings, including property taxes, VAT/GST, and other statutory requirements

Accounts Payable & Receivable Oversight

• Review and monitor accounts payable and receivable related to properties
• Ensure timely invoicing, rent collection, and reconciliation of tenant accounts
• Approve vendor payments and expense allocations

Reconciliations & Controls

• Perform bank, escrow, and intercompany reconciliations
• Maintain strong internal controls over financial processes
• Identify and resolve discrepancies in financial records

Team & Stakeholder Support

• Guide and review work of junior accounting staff
• Coordinate with property management, leasing, and legal teams
• Provide financial insights to management for decision-making

Qualifications & Skills Education

• Bachelor’s degree in Accounting, Finance, or related field
• Professional certification (CA / CPA / ACCA / CMA) preferred

Experience

• 5–15 years of accounting experience, preferably in real estate or property management
• Experience with real estate accounting software (e.g., Tally, ZOHO, Odoo)

Technical Skills

• Strong knowledge of financial reporting and accounting standards
• Proficiency in MS Excel and financial analysis
• Understanding of lease accounting and property financials

Soft Skills

• Strong attention to detail and accuracy
• Analytical and problem-solving skills
• Good communication and coordination abilities
• Ability to meet deadlines in a fast-paced environment

Job Type: Full-time

Pay: ₹30,000.00 - ₹60,000.00 per month

Benefits:

• Cell phone reimbursement
• Health insurance

Work Location: In person