Roles & Responsibilities Play a pivotal role in the underwriting process, assessing the 4C’s (Credit, Capacity, Capital, and Collateral) documentation to determine loan eligibility in accordance with Fannie/Freddie and specific client protocols. For Credit assessment, scrutinized Credit Reports for Borrower identification, SSN validation, Credit Score, Public Records, recent Inquiries, Address Consistency within the last 24 months, and Additional SSN verification. Reviewed liabilities, checking for any mortgage delinquencies within the past 12 months. Evaluated Capacity to repay, analyzing Salaried, Self-Employment, and Other income sources. Salaried income computed from Paystubs, W-2, and Employment verification; Self-Employment income derived from Tax Returns (1040); Other income assessed through supporting documents. Assessed Capital, gauging the Borrower's overall financial robustness by verifying asset statements and calculating assets. Reviewed Collateral by examining appraisal reports to finalize the decision-making process. Expected/Key Results Consistently ensure exceptional CSAT scores and other customer satisfaction indicators Maintain strict adherence to regulatory compliance standards and strive to attain exemplary quality scores. Consistently meet and exceed process-specific metrics while ensuring compliance with SOPs Adhere to schedules diligently to meet operational timelines effectively Job Types: Full-time, Permanent Pay: ₹500,000.00 - ₹1,200,000.00 per year Benefits: Commuter assistance Health insurance Leave encashment Life insurance Provident Fund Schedule: Monday to Friday Night shift US shift Work Location: In person
The role of Property Accounting in Real Estate based in Bangalore, Karnataka, and operating in US Shift only on a full-time and Work From Office basis involves managing financial records and reporting for real estate properties and REITs. You will be responsible for ensuring compliance with accounting regulations, handling budgeting and forecasting, and collaborating with property managers for financial oversight. Your expertise in property accounting, REIT-specific compliance, and advanced analytical skills will be key to success in this role. Key Responsibilities: Property Accounting: - Maintain accurate and complete financial records for individual real estate properties. - Prepare monthly, quarterly, and annual financial reports, including income statements, balance sheets, and cash flow statements. - Record and reconcile all property-related financial transactions, such as rents, leases, and operating expenses. REIT-Specific Accounting: - Ensure compliance with REIT-specific accounting regulations and tax requirements. - Assist in the preparation of financial statements and SEC filings, including 10-Ks and 10-Qs. - Monitor and manage REIT compliance tests, such as income and asset tests. Budgeting & Forecasting: - Collaborate with property managers to develop annual budgets and forecasts. - Analyse budget variances and recommend cost-saving measures where necessary. Qualifications: - Education: Bachelors degree in accounting, Finance, or a related field. CPA certification is highly preferred. - Experience: Minimum of 5 years in traditional real estate property accounting. Solid experience with REITs and a strong understanding of their unique accounting and compliance needs. - Skills: Proficiency in accounting software (e.g., Yardi, MRI, or similar) and advanced Excel skills. Strong analytical and problem-solving abilities. Excellent organizational skills and attention to detail. Effective communication and teamwork capabilities. Working Conditions: - This position is primarily office-based. - US shift hours, with flexibility required to meet deadlines or address urgent issues. Job Types: Full-time, Permanent, Fresher Benefits: - Commuter assistance - Health insurance - Leave encashment - Life insurance - Provident Fund Schedule: - Monday to Friday - Night shift - US shift - Weekend availability Work Location: In person,
The Senior Associate position is a full-time, permanent role based in Bangalore with a minimum experience requirement of 3+ years. As a Senior Associate, your primary responsibilities will include: - Obtaining monthly NAV statements for various Hedge funds and calculating unrealized gain/loss for Investment fund, updating General Ledger accordingly. - Performing pre-distribution analysis on the sale of an investment to determine proceeds for distribution to investors. - Conducting a monthly Schedule of Investment reconciliation to calculate unrealized gain/loss, updating General Ledger for various funds. - Preparing Semi-Annual Combined Account Statements (CAS) showing Partner's capital balances with deal-wise break out, reporting to Investors including equity commitment & loan commitments calculation. - Creating Financial Statements such as Trial Balance, Profit & Loss Statement, and Balance Sheet for year-end Audit Supports. - Preparation & presentation of Estimated and Final Tax Packs, matching book income with taxable income as per K-1 schedule. - Generating Capital calls memos, distribution notices & wires for various private equity funds. - Updating and creating Standard Operating Procedures (SOPs) for different deliverables, establishing control checks for accuracy. - Reviewing wires to display cash movement, recording day-to-day Journal entries in Investran Accounting application. - Recording PCAP entries like Contribution & distribution based on Capital call and distribution notices. - Reconciling short-term loans monthly to determine loan balances due to the firm. - Updating GP and Fund expenses, Investment purchase and sale entries in Investran. - Performing Leverage (Loan) reconciliation quarterly to reconcile Outstanding Leverages balances with Investran. This role requires working full-time on a permanent basis. Benefits include commuter assistance, health insurance, leave encashment, life insurance, and Provident Fund. The schedule involves Monday to Friday working with night shift, US shift, and weekend availability. Shift allowance and yearly bonus are provided. The ideal candidate should have a total of 3 years of work experience.,