Associate - Investor Financial Reporting

Amherst; Mumbai; On-site; INR 1,500,000 - 3,200,000; Full time

Job summary

Amherst in Mumbai, India, seeks an Associate - Investor Financial Reporting to oversee US GAAP property accounting for the US portfolio. You will coordinate with the US accounting team to ensure timely financial reporting and strong internal controls.

The role requires CA with accounting/finance degree, 5+ years' experience, and proficiency with Excel and Yardi Voyager. Shift aligns with US hours; exposure to real estate investments is key.

Qualifications

• CA with Bachelor's degree in accounting or finance required.
• 5+ years of accounting experience in a high-volume environment.
• CPA preferred. Proficiency with Yardi Voyager preferred.
• Experience in Real Estate, preferably rental property.

Responsibilities

• Design, implement, and manage property cost accounting processes, including accruals and amortization.
• Oversee offshore accounting team and guide their property tax, insurance, and reconciliations work.
• Centralize, automate, or outsource activities; manage relationships with service providers.
• Prepare monthly financial statements, lender reports, and compliance reports for funds.
• Analyze financial information for discrepancies and provide guidance to operations and portfolio teams.
• Conduct monthly reconciliations and collaborate with auditors to improve controls.
• Document policies, procedures, and workflows; contribute to special projects.

Skills

Accounting skills

Verbal communication

Written communication

Analytical thinking

Organizational skills

Attention to detail

Problem solving

Education

CA with Bachelor's degree in accounting or finance

Tools

Excel

Yardi Voyager

Job description

Amherst is a vertically integrated real estate investment, development, and operating platform, offering solutions across the U.S. real estate capital stack, including single-family residential (SFR), mortgage-backed securities (MBS), and commercial real estate (CRE). Amherst is headquartered in Austin, TX and New York, NY, in the United States, with regional global offices located in India and Costa Rica. Underpinned by proprietary technology, battle-tested data and mortgage model, and a deep understanding of U.S. real estate markets, Amherst’s vertically integrated platform seeks to provide investors a more efficient model to price, finance, and manage real estate with turnkey execution capabilities across the firm’s debt and equity strategies in the public and private residential, commercial, and mortgage-backed securities markets.

Our Single-Family Residential strategy has quickly scaled over the last 10 years to own and operate 40,000+ homes in 30+ markets across 20 states while building a vertically integrated real estate investment and operating platform that manages approximately $18bn in assets. Across the SFR strategy, Amherst acquires, builds, renovates, leases, finances, manages, and disposes of homes on its own account and for its investors. Outside of the SFR strategy, Amherst is engaged in various strategic initiatives and venture businesses, including commercial real estate debt and equity (all things non-SFR) and mortgagebacked securities advisory. For Further information about The Amherst Group, kindly visit https://www.amherst.com/ .

Department / Role Overview:

About the job

The Amherst Group(“Amherst”) has an incredible opportunity for an Associate - Investor Financial Reporting, interested in making an impact in a company that is an industry leader in real estate investment management. Amherst is revolutionizing the way U.S. real estate is priced, managed, and financed to unlock opportunities for all market participants. Driven by data, analytics, and technology, Amherst has a 20-year history of anticipating where the next risks and opportunities are likely to emerge and designing actionable strategies for investors to capitalize on opportunities across residential real estate, commercial real estate, and public securities. Amherst, along with its affiliates and subsidiaries, has more than 1,500 employees and $9 billion under management.

This role represents a unique opportunity to be exposed to and operate at the highest levels of a leading digital real estate company that’s already at scale, profitable, and growing quickly. You’ll build relationships with senior leaders across all functions of the vertically integrated Amherst platform bring the skills you’ve built to bear on some of our most interesting, and impactful work.

We are seeking a highly motivated and experienced Associate - Investor Financial Reporting to join our growing team in Mumbai, India. In this role, you will play a key role in overseeing the property accounting function for Amherst's US portfolio, ensuring accurate and timely financial reporting in accordance with US GAAP standards. You will work collaboratively with the US accounting team and other departments to ensure smooth operations and efficient process implementation.

Job Description (Primary Responsibilities)

Design, implement, and manage the process for accounting of property cost, including expense accrual, amortization, property tax liability, and related balance sheet reconciliations.

Oversee the day-to-day work of an offshore accounting team. Provide guidance and review their work related to the property tax payment, insurance billing, accrual entries, and reconciliations.

Identify opportunities and implement processes to centralize, eliminate, automate or outsource activities. Work with service providers to outsource established processes and manage ongoing activities.

Responsible for a specific fund’s reporting, including preparing monthly financial statements, lender’s reports, compliance reports, and addressing financial implications to the management team and investors.

Analyze financial information for discrepancies and summarize financial status. Work through accounting implications and provide accounting guidance to operations, portfolio management, and other cross-functional teams.

Conduct monthly account reconciliations to ensure accurate reporting and ledger maintenance. Partner with internal and external auditors to review processes, implement controls, and ensure compliance.

Document policies, procedures, and workflow for assigned areas of responsibility.

Contribute to department and organization special projects as assigned.

Required Experience:

CA with Bachelor’s degree in accounting or finance required.

5+ years of accounting experience. Must have excellent verbal and written communication skills, and have established skills in accuracy, organization, and working in a high-volume environment.

Demonstrated ability to support all other departments within the company and coordinate training and information sessions.

Strong problem-solving and analytical skills.

Proficiency with Microsoft Office Suite of products, particularly with Excel.

A mix of Public and Private Experience is preferred.

CPA preferred. Proficiency with Yardi Voyager preferred.

Experience in Real Estate, preferably rental property preferred.

Candidates will need to demonstrate essential capabilities:

Executional excellence: You have the organizational skills, meticulous attention to detail, high sense of responsibility, and general skillset to take on a wide range of high-priority projects. You are dependable and always deliver quality work.

A Creative Problem Solver: You have a propensity to think strategically, logically and outside the box to solve problems for the business and customer.

Resilient: You are open to objective feedback and view mistakes as a learning mechanism

Hard Working: You aren’t afraid of a tough deadline.

Meticulous: You are highly structured, disciplined and take pride in your work, setting and executing on timely project deliverables with the roadmap to get there.

Knowledgeable: You understand and leverage best of breed software to help manage the end- to-end process efficiently.

Working Shift/ arrangement: US Shift 4:30 PM – 01:30 AM IST from the office to ensure efficient collaboration.