Greetings from QC HR Services!
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 2-4 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.
- Must have US Property Management Accounting experience to be considered for this opening.
Industry: Outsourcing / BFSI / Accounting. Permanent
Shift: 5:30 PM to 2:30 AM. Location: Madhapur, Hyderabad.
Notice period: Immediate joiners only.
Job Type: Full-time
Pay: ₹500,000.00 - ₹900,000.00 per year
Experience:
- US Accounting : 2 years (Preferred)
- software like Yardi, AppFolio, MRI Software: 2 years (Preferred)
- US Property management: 2 years (Preferred)
Location:
- Hyderabad, Telangana (Preferred)
Shift availability:
Work Location: In person