This role is for one of Weekday’s clients
Salary range: Rs 800000 - Rs 1000000 (ie INR 8 - 10 LPA)
Min Experience: 3+ years
Location: Ahmedabad, Gujarat, India, Mumbai, Maharashtra, India
JobType: full-time
Requirements
Key Responsibilities
- Manage day-to-day accounting activities for US-based commercial and residential properties.
- Record journal entries, property expenses, rental income, security deposits, and other financial transactions.
- Handle Accounts Payable (AP) and Accounts Receivable (AR), including invoice processing and tenant billing.
- Perform bank reconciliations, credit card reconciliations, and general ledger reconciliations.
- Maintain accurate property-wise books of accounts and ensure proper allocation of income and expenses.
- Manage tenant ledgers, rent collections, CAM reconciliations, and outstanding receivables.
- Process vendor invoices, payments, accruals, prepayments, and expense allocations.
- Prepare monthly financial statements, including Profit & Loss, Balance Sheet, and Cash Flow reports.
- Handle monthly, quarterly, and year-end closing activities, including accruals, depreciation, and adjustments.
- Assist with budgeting, forecasting, variance analysis, and property-level financial reporting.
- Reconcile intercompany transactions and maintain supporting schedules.
- Coordinate with US-based property managers, clients, vendors, and internal accounting teams.
- Ensure compliance with US GAAP and maintain proper accounting documentation.
Required Skills & Competencies
- Strong understanding of US accounting principles and US GAAP.
- Hands-on experience in US Property Accounting / Real Estate Accounting.
- Knowledge of Commercial Real Estate, Residential Property Management, and Lease Accounting.
- Good understanding of Accounts Payable, Accounts Receivable, General Ledger, and Bank Reconciliation.
- Experience in CAM Reconciliation, Tenant Ledger Management, and Rent Accounting.
- Knowledge of accrual accounting, prepayments, depreciation, and month-end closing.
- Strong proficiency in MS Excel, including Pivot Tables, VLOOKUP/XLOOKUP, and SUMIF.
- Excellent analytical, reconciliation, and problem-solving skills.
- Good written and verbal communication skills.
Must-have skills
property accounting, bank reconciliations, financial reporting
Good-to-have skills
Yardi, AppFolio, property management accounting software