US Property Accountant

Weekday; Ahmedabad District; On-site; INR 800,000 - 1,000,000; Full time

Job summary

Weekday is seeking a skilled US GAAP-based Property Accountant to manage day-to-day accounting for US-based properties across Ahmedabad and Mumbai. 3+ years of real estate accounting experience and strong US GAAP knowledge are essential.

You will handle journal entries, reconciliations, AP/AR, monthly closes, and financial reporting, collaborating with property managers, vendors, and internal teams. Proficiency in Excel and exposure to property management software is a plus.

Qualifications

• Strong understanding of US accounting principles and US GAAP.
• Hands-on experience in US Property Accounting / Real Estate Accounting.
• Knowledge of Commercial Real Estate, Residential Property Management, and Lease Accounting.
• Good understanding of Accounts Payable, Accounts Receivable, General Ledger, and Bank Reconciliation.
• Experience in CAM Reconciliation, Tenant Ledger Management, and Rent Accounting.
• Knowledge of accrual accounting, prepayments, depreciation, and month-end closing.
• Strong proficiency in MS Excel, including Pivot Tables, VLOOKUP/XLOOKUP, and SUMIF.
• Excellent analytical, reconciliation, and problem-solving skills.
• Good written and verbal communication skills.

Responsibilities

• Manage day-to-day accounting for US commercial and residential properties.
• Record journal entries, property expenses, rental income, and deposits.
• Handle AP/AR including invoice processing and tenant billing.
• Perform bank, credit card, and GL reconciliations.
• Maintain property-wise books and allocate income/expenses.
• Manage tenant ledgers, rent collections, CAM reconciliations, and receivables.
• Process vendor invoices, payments, accruals, prepayments, allocations.
• Prepare monthly P&L, balance sheet and cash flow statements.
• Handle monthly/quarterly/year-end closings incl. accruals and depreciation.
• Assist budgeting, forecasting, variance analysis, and property reporting.
• Reconcile intercompany transactions and schedules.
• Coordinate with property managers, clients, vendors and internal teams.
• Ensure US GAAP compliance and documentation.

Skills

US GAAP

Property Accounting

Real Estate Accounting

AP/AR

Lease Accounting

CAM Reconciliation

Tenant Ledgers

Month-end Close

Excel Pro

Communication

Tools

Yardi

AppFolio

Job description

This role is for one of Weekday’s clients
Salary range: Rs 800000 - Rs 1000000 (ie INR 8 - 10 LPA)

Min Experience: 3+ years
Location: Ahmedabad, Gujarat, India, Mumbai, Maharashtra, India
JobType: full-time

Key Responsibilities

• Manage day-to-day accounting activities for US-based commercial and residential properties.
• Record journal entries, property expenses, rental income, security deposits, and other financial transactions.
• Handle Accounts Payable (AP) and Accounts Receivable (AR), including invoice processing and tenant billing.
• Perform bank reconciliations, credit card reconciliations, and general ledger reconciliations.
• Maintain accurate property-wise books of accounts and ensure proper allocation of income and expenses.
• Manage tenant ledgers, rent collections, CAM reconciliations, and outstanding receivables.
• Process vendor invoices, payments, accruals, prepayments, and expense allocations.
• Prepare monthly financial statements, including Profit & Loss, Balance Sheet, and Cash Flow reports.
• Handle monthly, quarterly, and year-end closing activities, including accruals, depreciation, and adjustments.
• Assist with budgeting, forecasting, variance analysis, and property-level financial reporting.
• Reconcile intercompany transactions and maintain supporting schedules.
• Coordinate with US-based property managers, clients, vendors, and internal accounting teams.
• Ensure compliance with US GAAP and maintain proper accounting documentation.

Required Skills & Competencies

• Strong understanding of US accounting principles and US GAAP.
• Hands-on experience in US Property Accounting / Real Estate Accounting.
• Knowledge of Commercial Real Estate, Residential Property Management, and Lease Accounting.
• Good understanding of Accounts Payable, Accounts Receivable, General Ledger, and Bank Reconciliation.
• Experience in CAM Reconciliation, Tenant Ledger Management, and Rent Accounting.
• Knowledge of accrual accounting, prepayments, depreciation, and month-end closing.
• Strong proficiency in MS Excel, including Pivot Tables, VLOOKUP/XLOOKUP, and SUMIF.
• Excellent analytical, reconciliation, and problem-solving skills.
• Good written and verbal communication skills.

Must-have skills

property accounting, bank reconciliations, financial reporting

Good-to-have skills

Yardi, AppFolio, property management accounting software