Associate - Property Accounting

Greystar; Mohali; On-site; INR 350,000 - 550,000; Full time

Job summary

Greystar is seeking an experienced General Ledger/Record to Report Accountant to join our Global Finance team in Mohali. You will apply GAAP to analyze financial information, reconcile statements, prepare journal entries, and assist in budget development for management reporting.

Responsibilities include bank reconciliations, asset depreciation, audit liaison, and coordination with on-site property managers to ensure timely closings and accurate reporting.

Qualifications

• 1+ year of GL accounting experience in a global organization.
• B.Com degree required.
• Knowledge of GAAP and financial reporting.

Responsibilities

• Compile and analyze financial information for GL entries.
• Prepare general and standard journal entries.
• Perform bank reconciliations and wire transfers as needed.
• Assist in budget development and report preparation for management.
• Coordinate with auditors and provide supporting data.
• Review fixed assets, depreciation, and asset dispositions.
• Close activities with on-site property managers for timely reporting.
• Support construction and development accounting tasks as required.
• Complete various financial reports and analyses.

Skills

GL accounting

GAAP

Bank reconciliations

Journal entries

Financial reporting

Education

B.Com Degree

Tools

ERP software

Job description

Greystar is looking for experienced General Ledger/Record to Report Accountants to join our Global Finance team. As a GL/R2R accountant, you will apply generally accepted accounting principles (GAAP) to analyse financial information, reconcile financial statements, prepare general and standard journal entries, assist in budget development, and prepare standard accounting and financial reports for management.

Fulfilling the below roles and responsibilities:

• Compile and analyse financial information in preparation for entry into various financial statements and accounting reports and make appropriate journal entries for recording in the general ledger by checking calculations, reviewing the basis for figures, and balancing and reconciling figures.
• Review budget, revenue, expense, payroll entries, invoices, and other accounting documents and research and resolve discrepancies as necessary.
• Perform bank reconciliations and wire transfers for deposits, make mortgage payments and distributions, and ensure accuracy.
• Maintain and coordinate accounting control procedures by analysing revenue and expenditure trends and recommending appropriate budget levels to ensure expenditure control.
• Analyze and review accounting and financial resources for property acquisitions, dispositions, closings & budgets, and expenditures for local, state, federal, and private funding, contracts, grants, and other corporate finance and accounting transactions.
• Perform specialized tasks necessary for their specific functional focus area, i.e., tasks specific to construction and development, such as preparing and coordinating draw schedules, managing job budget cost variances, interfacing with contractors and sub-contractors, and working with lien releases and contracts.
• Review fixed assets, placing assets in service, and depreciation.
• Act as liaison to internal and external auditors by explaining journal entries and financial transactions, providing research data and information as requested, and answering questions necessary to complete the audit in a timely manner.
• Communicate with on-site and other property managers to assist in completing pre-close and close activities, answer questions, provide support, and ensure timely completion of accounting processes for on-time client and company reporting.
• Complete various financial, accounting, administrative, and other reports, and analyses, and perform other duties as assigned or necessary.

Bringing in the below experience and education:

• 1+ years of experience as a GL Accountant for a global organization
• B.Com Degree

Shift timings: Night Shift.

Location: Mohali