Associate - Property Accounting

Greystar; Mohali; On-site; INR 520,000 - 700,000; Full time

Job summary

Greystar is seeking an experienced General Ledger/Record to Report Accountant to join its Global Finance team in Mohali. You will apply GAAP to analyse financial information, reconcile statements, and prepare journal entries and standard reports for management.

Responsibilities include bank reconciliations, budgeting assistance, asset reviews, and coordinating with auditors. 1+ year(s) of GL experience and a B.Com are required, with night shift scheduling.

Qualifications

• A B.Com degree is required.
• Minimum 1+ years as a GL Accountant in a global organization.
• Strong understanding of GAAP and general ledger processes.
• Experience with journal entries, reconciliations and reporting.

Responsibilities

• Compile and analyse financial information for ledger entries and reports.
• Review budgets, revenue, expenses and payroll entries; resolve discrepancies.
• Perform bank reconciliations and wire transfers; manage payments.
• Maintain accounting controls and monitor expenditure against budgets.
• Analyze assets, acquisitions, dispositions, and other transactions for funding.
• Coordinate draw schedules and cost variances in construction projects.
• Review fixed assets, depreciation, and asset placements.
• Liaise with internal and external auditors and provide requested data.
• Communicate with property managers to support pre-close and close activities.
• Prepare various financial reports and analyses as assigned.

Skills

GAAP understanding

Journal entries

Budgeting

Financial reporting

Bank reconciliations

Audit liaison

Attention to detail

Education

B.Com Degree

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