Senior Director - Property Accounting

Institute of Management Accountants, Inc.; Bengaluru; Hybrid; INR 4,000,000 - 7,000,000; Full time

Job summary

Institute of Management Accountants, Inc. in Bengaluru, India, seeks a Senior Director - Property Accounting to lead the property accounting function and oversee timely, accurate US GAAP reporting.

The role partners with US-based leadership to manage month-, quarter-, and year-end close processes, drive SOX controls, and develop the Bengaluru team to scale with offshore delivery while ensuring high-quality reporting and alignment with corporate policies.

Qualifications

• Bachelor’s degree in accounting or finance is required.
• CA or CPA qualification is preferred.
• Minimum of 12 years of related professional accounting experience.
• Five+ years in a supervisory role managing a team of five or more.
• Big Four experience preferred; real estate or student housing experience is an advantage.

Responsibilities

• Provide leadership over the Bengaluru-based Property Accounting function, ensuring accurate and timely reporting.
• Partner with US-based leadership in month-end, quarter-end, and year-end close processes.
• Oversee offshore review standards and escalation of material issues.
• Lead and develop the Bengaluru team, set performance expectations and manage workload.
• Establish and monitor KPIs for the offshore team and ensure SOX compliance.

Skills

Leadership

US GAAP knowledge

SOX controls

Financial reporting

Stakeholder management

Team development

Education

Bachelor’s degree in accounting or finance

CA or CPA preferred

Tools

Oracle Fusion

MS Office (Excel)

Job description

Senior Director - Property Accounting

We are seeking a Senior Director - Property Accounting to provide senior leadership across the Property Accounting function. This role is based in Bengaluru, India.

The Senior Director - Property Accounting provides senior leadership across the Property Accounting function, with responsibility for the quality, accuracy and timely delivery of property-level accounting and financial reporting performed by the Bengaluru-based team. The role leads the offshore Property Accounting organization through its management team and works closely with US-based Property Accounting leadership to support the effective execution of month-end, quarter-end and year-end close processes, consistent application of accounting policies, and maintenance of strong review and internal control standards. The role will serve as a key partner to US-based Property Accounting leadership and stakeholders across Financial Reporting, FP&A, Investments, Operations and other functions.

Primary Role - Managed Portfolio Accounting and Reporting

• Provide leadership over the Bengaluru-based Property Accounting function, ensuring property-level accounting and financial reporting are completed accurately, timely and in accordance with US GAAP, company policies and internal control requirements.
• Partner closely with US-based Property Accounting leadership in the execution of month-end, quarter-end and year-end close processes, including management of close calendars, review standards, escalation protocols and timely completion of offshore deliverables.
• Oversee review standards for property-level accounting performed by the offshore team, including balance sheet reconciliations, significant account analyses and unusual or complex transactions, with appropriate escalation of material issues.
• Lead and develop the Bengaluru-based Property Accounting team, setting performance expectations, managing workload and capacity, and supporting leadership development and succession planning.
• Establish and monitor key performance indicators for the offshore Property Accounting team, including close timeliness, reconciliation completion, accounting exceptions, audit findings and other measures of quality and effectiveness.
• Support a strong accounting policy and control environment, including SOX compliance, application of accounting policies, documented procedures and appropriate review standards.
• Provide technical accounting leadership to the offshore team, working closely with US-based Property Accounting and Financial Reporting leadership on the application of US GAAP and company accounting policies.
• Provide strategic oversight of property accounting for third-party managed assets, including owner financial reporting, audit coordination, and delivery of accurate, timely information in accordance with management agreements, accounting policies, and internal controls.
• Serve as liaison between the Bengaluru Property Accounting team and US-based leadership, communicating accounting results, significant issues, close status and control matters.
• Partner with FP&A, Operations and other stakeholders, in coordination with onshore leadership, to support the integrity of actual financial results and provide accounting insight into significant property-level variances and trends.
• Support acquisitions, dispositions and other portfolio transactions in partnership with US-based Property Accounting, Investments, Financial Reporting and other stakeholders.
• Coordinate offshore support for internal and external audits, including audit deliverables, resolution of accounting and control matters, and remediation activities in partnership with onshore leadership.
• Drive improvements to Property Accounting policies, workflows, systems and automation in coordination with US-based leadership to improve consistency, scalability, controls and reporting quality.
• Partner with US-based leadership and Finance leadership on staffing, hiring, performance management and organizational development to ensure the Bengaluru team has the appropriate capacity and capabilities to support the business.
• Work from the Bengaluru office under the hybrid working model, with working hours aligned to provide meaningful daily overlap with US business hours; flexibility is expected during month-end and year-end close, audit periods and other peak reporting cycles.
• Perform other projects and responsibilities as assigned.

Requirements

• Bachelor’s degree in accounting or finance is required.
• Chartered Accountant (CA) or Certified Public Accountant (CPA) qualification is preferred.
• Minimum of 12 years of related professional accounting experience preferred.
• Five or more years in a supervisory role managing a team of five or more is preferred.
• Big Four accounting firm experience preferred; real estate or student housing experience is an advantage.
• Strong working knowledge of US GAAP and Sarbanes-Oxley (SOX) control environments.
• Experience with Oracle Fusion is preferred.
• Proficient in Microsoft Office applications, with emphasis on Excel, Word and PowerPoint.
• Strong organizational, interpersonal, analytical, leadership and presentation skills.
• Ability to handle multiple high-priority projects with keen attention to detail.
• Strong problem-solving and data analysis skills, with the ability to assimilate new information, understand complex topics and arrive at sound analysis and judgement.
• Ability to work independently while logically and strategically resolving accounting issues in adherence with US GAAP.
• Demonstrates a positive attitude and maintains a high level of professionalism when working with onshore stakeholders and senior leadership across time zones.