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: Accountant ( US Property Management)

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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:

  • Night Shift (Preferred)

Work Location: In person

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