Accountant General

: Real Estate Accountant
Position Title: Accountant
Location: Indira Nagar, Banglore.
Reports To: Financial Manager / Controller
Position Type: Full-Time
Salary: 3.5 lpa- 4.5 lpa
Job Summary
We are seeking a meticulous and experienced Real Estate Accountant to join our dynamic team. The successful candidate will manage all accounting functions for our real estate portfolio, ensuring accurate and timely financial reporting, compliance with relevant regulations, and effective financial management of properties.
Key Responsibilities
Financial Reporting:

• Prepare and analyze monthly, quarterly, and annual financial statements for real estate properties.
• Maintain accurate and up-to-date records of all financial transactions related to real estate operations.
• Ensure timely and accurate reporting of all financial information.
  

Budgeting And Forecasting

• Assist in the preparation of annual budgets and forecasts for properties.
• Monitor and report on variances between actual and budgeted results.
  

Accounts Payable And Receivable

• Oversee accounts payable and receivable processes, ensuring timely payments and collections.
• Manage tenant billing, including rent, CAM (Common Area Maintenance) charges, and other related fees.
  
  

General Ledger Management

• Maintain and reconcile the general ledger for all real estate entities.
• Ensure all transactions are recorded in accordance with GAAP (Generally Accepted Accounting Principles).
  

Tax Compliance

• Prepare and file tax returns for real estate entities.
• Ensure compliance with federal, state, and local tax regulations.
  

Audit And Internal Controls

• Coordinate with external auditors and provide necessary documentation and support.
• Implement and maintain effective internal controls to safeguard company assets.
  

Lease Administration

• Review and interpret lease agreements for accounting implications.
• Ensure proper accounting treatment for leases in accordance with ASC 842 (if applicable).
  

Property Management Support

• Work closely with property managers to provide financial insights and support decision-making.
• Assist in the financial due diligence process for property acquisitions and dispositions.
  

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Qualifications
Education:

• Bachelors degree in Accounting, Finance, or a related field.
• CPA (Certified Public Accountant) designation preferred.
  

Experience

• Minimum of 3-5 years of accounting experience, preferably in the real estate industry.
• Experience with property management accounting systems (e.g., Yardi, MRI, AppFolio) is a plus.
  

Skills

• Strong knowledge of GAAP and real estate accounting principles.
• Proficiency in accounting software and Microsoft Office Suite (Excel, Word, Outlook).
• Excellent analytical and problem-solving skills.
• Strong attention to detail and accuracy.
• Effective communication and interpersonal skills.
• Ability to work independently and as part of a team.
  

Additional Requirements

• Understanding of tax regulations related to real estate.
• Familiarity with financial modeling and analysis.
  

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