Sr Lead Accountant - Hyderabad

2 - 7 years

5 - 13 Lacs

Posted:11 hours ago| Platform: Naukri logo

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Skills Required

Work Mode

Work from Office

Job Type

Full Time

Job Description

We are looking for a sharp, experienced Property Management Accounting Team Member with a strong understanding of accounting, financial analysis, and property management processes. This position requires US Accounting experience within the property management industry.

You should be an initiative-taker, motivated, with good communication skills and a positive, flexible approach to problem-solving. The applicant should have the ability to thrive in a fast-paced, deadline-driven environment and collaborate effectively with both offshore and onshore teams.

What We Are Looking For:

Perform day-to-day accounting functions including Bank Reconciliations, Accounts Payable (AP),

Accounts Receivable (AR), and Journal Entries.

Maintain general ledger, post transactions, and assist with month-end and year-end closing

procedures.

Prepare and review Financial Statements (Balance Sheet, Income Statement, and Cash Flow) in

compliance with US GAAP.

Reconcile discrepancies in accounts, including tenant payment histories, vendor invoices, and

property-related expenses.

Ensure all property-related transactions are recorded accurately, including maintenance costs,

taxes, insurance, and other operational expenses.

Prepare monthly and quarterly reports, including variance analysis for budget versus actual

performance.• Provide financial performance metrics such as Net Operating Income (NOI), Cap Rate, and ROI to support management decision-making.

Support the preparation of property tax filings, vendor 1099 forms, and other compliance-related

documentation.

Assist in the preparation of property budgets and financial forecasts.

Work closely with US counterparts to understand existing processes and identify improvement

opportunities.

Assist with cash flow forecasting, ensuring sufficient liquidity for property operations and debt

servicing.

Reconcile and clear any unreconciled transactions in various accounts.

Support the preparation of monthly bank reconciliation reports regarding cash deposits and

undeposited funds.

Collaborate with property managers and financial analysts to ensure accurate and timely financial reporting.

Basic Qualifications:

Should be a Commerce Graduate.

Strong understanding of US Accounting principles, including US GAAP, property tax regulations, and IRS filing requirements.

Minimum 5+ years of experience in property management accounting or real estate accounting.

Experience in handling property management software (e.g., Yardi, AppFolio, MRI Software) will be

preferred.

Proficiency in General Ledger accounting, accounts payable/receivable, and month-end closing

processes.

Strong experience with bank reconciliations, AR/AP reconciliation, and financial reporting.

Experience in preparing financial statements, variance analysis, and budgeting.

Should have excellent communication skills and client interaction experience, especially working

with US-based teams.

Strong willingness to learn and grow in the property management accounting field.

Should be willing to work in US shifts to coordinate with onshore teams

Can join immediately.

Should work from office.

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