Property Accountant

Greystar; Mohali; On-site; INR 450,000 - 750,000; Full time

Job summary

Greystar is seeking an experienced General Ledger/Record to Report Accountant to join our Global Finance team in Mohali. The role applies GAAP, analyses financial information, reconciles statements, and prepares standard journal entries and reports for management.

You will support budget development, coordinate with auditors, and assist in pre-close and close activities, with an US EST shift of 6:30 pm to 9:30 pm starts. 1+ year experience preferred.

Qualifications

• 1+ years of experience as a Staff/GL Accountant for a global organization.
• Shift timings: 9 hours in US EST hours (evening in Mohali).
• Specialized accounting degree completed.

Responsibilities

• Compile and analyse financial information for entry into financial statements and reports.
• Review budget, revenue, expenses, invoices and discrepancies.
• Perform bank reconciliations and wire transfers; ensure accuracy.
• Analyze and review resources for property acquisitions, dispositions, budgets and transactions.
• Coordinate draw schedules and liaise with contractors for construction-related tasks.
• Review fixed assets, depreciation, and assets placed in service.
• Serve as liaison to auditors and provide supporting data as needed.
• Coordinate with on-site property managers for pre-close and close activities.
• Prepare various financial reports and analyses as required.

Skills

GAAP knowledge

General Ledger

Journal entries

Bank reconciliations

Budgeting

Financial reporting

Audit liaison

Education

Specialized accounting 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.

In your journey as a Property Accountant, you will be:

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 Staff/GL Accountant for a global organization
• A specialized accounting degree Shift timings:
• 9 hours shift in US EST hours i.e., shift starts anytime between 6:30 pm to 9:30 pm.

Location:

• Mohali