Job Description
Ready to shape the future of work
At Genpact, we dont just adapt to change-we drive it. AI and digital innovation are redefining industries, and were leading the charge. Genpacts AI Gigafactory, our industry-first accelerator, is an example of how were scaling advanced technology solutions to help global enterprises work smarter, grow faster, and transform at scale. From large-scale models to agentic AI, our breakthrough solutions tackle companies most complex challenges.
If you thrive in a fast-moving, tech-driven environment, love solving real-world problems, and want to be part of a team thats shaping the future, this is your moment.
Genpact (NYSE: G) is an advanced technology services and solutions company that delivers lasting value for leading enterprises globally. Through our deep business knowledge, operational excellence, and cutting-edge solutions - we help companies across industries get ahead and stay ahead. Powered by curiosity, courage, and innovation, our teams implement data, technology, and AI to create tomorrow, today. Get to know us at genpact.com and on LinkedIn, X, YouTube, and Facebook.
Inviting applications for the role of Assistant Vice President, Property Accounting
In this role, you will be responsible for supervising and reviewing the work of team members, conducting general and property accounting operations. The responsibilities primarily include executing accurate and timely month-end close process and procedures in accordance with GAAP, reviewing the monthly financial reporting and perform detailed analysis of all the accounts in the General Ledger. The Senior manager should possess a thorough knowledge of Accounting Principles and practices, knowledge of Property Accounting, and ensure accurate, effective, and efficient processes as per established internal controls.
You must also be willing to work in flexible and varying shifts throughout the year. As a part of the team, you must react proactively, positively, patiently, and effectively to seeking clarifications, and have a customer centric approach to problem solving.
Responsibilities
.This role will be responsible for successful transition of the process and responsible for setting it up FTR (First Time Right)
.Function as Subject Matter Specialist for the Property Accounting process, complete know how and understanding of the value chain.
.The role will require driving growth and ensuring strong engagement, stable operations, talent development, retention, and continuous improvements.
.Require leading teams, manage the overall performance, and foster positive work environment.
Other Responsibilities
.Financial Planning and Strategy: Collaborate with senior management on financial planning, strategic initiatives, and real estate investment strategies. Provide financial analysis, projections, and recommendations to support decision-making and achieve financial goals.
.Maintain attrition at the lowest level as per corporate target and proactively plan & execute people movement during high volume or attrition.
.Coach & mentor Senior Manager/ Manager and help them on their career pathing to succeed well in their roles.
.Ensure team is trained on all corporate/process and skill-based trainings and knowledge retention and improvement in the team.
.Develop and run metrics that measure the activities performed by R2R and present them in a synthesized way.
.Ensure process controls are appropriately established, communicated to employees and timely audited.
.Collaborate with members of Finance, all client departments and other third parties to continuously surface and diagnose inefficiencies to drive forward the design and implementation of process improvements and documentation.
.Identify improvement opportunities using Benchmarking data, provide demonstrate to Managers in designing and implementing process improvements and efficiencies along with executing on results required.
.Thorough understanding of Financial Reporting, financial statements, including income statements, balance sheets, and cash flow statements, for individual properties or property portfolios. Ensure accuracy, compliance with accounting standards (e.g., GAAP, Cash, Accrual, GAAP etc.) and timely delivery of financial reports.
.Interacting with client stakeholders within and outside client organization to support reporting and decision-making related activities at property level.
.Understanding of the entire Property Management Process E2E requirements, if required can support the operational activities as listed below to drive operational efficiency and continuous improvement.
.Capital Expenditure (CapEx) Management: Capital expenditures for property improvements, renovations, and major repairs. Ensure Capex budgets are tracked against actuals and ensure proper accounting treatment of Capex items.
.Property Tax Compliance: Property tax assessments, payments, abatements, and compliance with tax regulations are done as per the due date.
.Funds reinvestment: Treasury Bills, Certificates of deposits etc. so funds can be appropriately re-invested on time.
.Expense Management: Property operating expenses, including utilities, maintenance, repairs, insurance, taxes, and other costs. Ensure accurate coding, allocation, and recording of expenses to the appropriate property accounts.
.Bank reconciliation of operating and non-operating account for all the properties and clearance of open items.
.Annual budgets, forecasts, and financial plans for properties. Review actual performance against budgeted figures, analyze variances, and provide insights for cost management and revenue optimization.
.Audit and Compliance: Documentation and support for internal audits, external audits, and financial compliance reviews. Ensure adherence to accounting policies, internal controls, regulatory requirements, and industry standards.
.Ad-Hoc Analysis and Projects Reporting to stakeholders.
.Rent and Lease Management Understanding: Rent rolls, lease agreements, and tenant accounts receivable/payable. Calculate and process rent payments, track lease terms and expirations, handle lease renewals, adjustments, and escalations, and reconcile tenant accounts.
.Ensure accurate and timely reporting of financial data to stakeholders meeting the accuracy and TAT commitments. Qualifications we seek in you. (All highlighted are mandate) Minimum qualifications
.Relevant Accounting Experience- B. Com, M. Com, MBA, CA, CP
.Relevant years of overall experience in Property Accounting - FP&A and Core Property Accounting) related processes and have prior experience of working with real estate client.
.CPA or CPA Candidate preferred..Excellent written & verbal communication, Interpersonal, Analytical Skills & highly initiative taking in approach.
.Understanding of Yardi, JD Edwards, MRI will be a preference.
.Detailed oriented with a drive for excellence
.Ability to work independently and collaboratively.
.Able to meet tight deadlines.
.Strong Knowledge of US GAAP and property Accounting Principles for US markets.
.Excellent analytical, organization and critical thinking skills.
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.Proficient in MS Office applications, especially in Advanced MS-excel knowledge.Personal skills:
.Should have managed the Property Accounting processes for real estate clients in his prior role at managerial positions.
.Pride in accuracy.
.Prominent level of professionalism and a service attitude.
.Experience in team handling of minimum 50+ employees.
.Establish & Manage client relationship through regular engagement with the client.
.Pro-actively identify the issues or client needs and act.
.High customer service oriented
.Understanding of Visual Basics (Preferred)Shift
.Working for the US Client.
.Evening Shift: 5:30PM -2:30AM IST
Why join Genpact
. Be a transformation leader - Work at the cutting edge of AI, automation, and digital innovation
. Make an impact - Drive change for global enterprises and solve business challenges that matter
. Accelerate your career - Get hands-on experience, mentorship, and continuous learning opportunities
. Work with the best - Join 140,000+ bold thinkers and problem-solvers who push boundaries every day
. Thrive in a values-driven culture - Our courage, curiosity, and incisiveness - built on a foundation of integrity and inclusion - allow your ideas to fuel progress
Come join the tech shapers and growth makers at Genpact and take your career in the only direction that matters: Up.
Lets build tomorrow together.
Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to creating a dynamic work environment that values respect and integrity, customer focus, and innovation.
Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a %27starter kit,%27 paying to apply, or purchasing equipment or training.
Skills
AccountingAccounting PrinciplesAccountsBank ReconciliationBudgetingCapexCash Flow StatementsAccounting OperationsAccounting StandardsAccounts ReceivableCash FlowFinancial StatementsCost ManagementGaapGeneral LedgerLedgerR2rCaFinanceCashReconciliationIf an employer asks you to pay any kind of fee, please notify us immediately. Jobaaj does not charge any fee from the applicants and we do not allow other companies also to do so.
About Company
Genpact was founded in 1997 as a unit of General Electric. The company was founded as GE Capital International Services (GECIS) in New Delhi. Starting with 20 employees under the leadership of CEO Pramod Bhasin, its charter was to provide business process outsourcing solutions to GE's businesses. In the beginning, GECIS created processes for outsourcing back-office activities for GE Capital such as processing car loans and credit card transactions. It was an experimental concept at the time and the beginning of the Business-Process-Outsourcing (BPO) industry.
One year after its launch, GECIS employed about 800 people and generated revenues of US$4 million. By 2001, GECIS operations had grown to 12,000 employees and the company began to manage a wide range of processes across GE's financial services and manufacturing businesses. Jack Welsh, CEO of GE at the time, said that GECIS was a key driver of GE’s growth between 1998 and 2001, and was responsible for reducing operating costs by approximately US$1 billion.
In 2003, GE reduced its stake in GECIS to 40% and sold the remainder to two American private equity firms. At the time of the sale, GECIS employed around 13,000 people in India and 4,000 people in the US, China, Hungary and Mexico, providing a range of solutions in areas such as finance and accounting, insurance claim processing, IT management and technical support.
By 2004, GECIS oversaw around 700 business processes for GE that had migrated from the US to India, generating revenues of US$426 million.
Important dates & deadlines?
Application Deadline
31 Mar 26, 01:29 PM IST
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