US Property Accountant

Relay Human Cloud India; Ahmedabad District; On-site; INR 400,000 - 600,000; Full time

Benefits offered by this job

Comprehensive health & accident insurance

Generous paid time off

Employee development programs

Vibrant cultural events

Job summary

A dynamic accounting firm in Ahmedabad is seeking an experienced Property Accountant to join their team. You will manage a portfolio of properties, oversee financial transactions, and prepare financial statements and reports. The ideal candidate should have at least 2 years of property accounting experience, a degree in Accounting or Finance, and proficiency in accounting software like QuickBooks. Enjoy a collaborative environment with opportunities for growth and participation in vibrant cultural events.

Qualifications

• Minimum 2 years of experience in property accounting or real estate finance.
• Strong understanding of accounting principles (GAAP) and financial reporting.
• Ability to manage multiple properties and meet reporting deadlines.

Responsibilities

• Manage a portfolio of 8-10 properties while overseeing financial transactions.
• Authorize invoice payments and ensure timely processing.
• Prepare and post monthly journal entries for properties.

Skills

Attention to detail

Organizational skills

Effective communication

Proficiency in accounting software

Education

Bachelor’s or Master’s Degree in Accounting, Finance, or related field

Tools

QuickBooks

Yardi

Xero

Job description

Relay Human Cloud is a young & dynamic company that helps some of the top US-based companies to expand their team internationally. Relay is a truly global company having its operations in US, India, Honduras, and Mexico (We are also adding a few more countries soon). Our core focus is to enable companies to connect with the best international talent.

Relay helps its clients in majorly following areas: Accounting & Finance, Administration, Operations, Space Planning, Leasing, Data Science, Data Search, Machine Learning and Artificial Intelligence etc. Relay India operates from Ahmedabad and Vadodara offices.

Job Summary:

We are now looking for an experienced Property Accountant with minimum 2 years of experience based in Ahmedabad location. You will be an integral component of our accounting department's support team and be responsible for ensuring the correctness and effectiveness of financial operations as a Property Accountant.

• Manage a portfolio of 8-10 properties, collaborating with various owners while overseeing financial transactions, cash balances, and intercompany reconciliations.
• Coordinate with the Property Accounts Payable Specialist to authorize invoice payments twice a week and ensure timely processing.
• Review and ensure the accuracy of monthly deposits while preparing and analyzing monthly financial statements, audit schedules, and tax-related documentation.
• Develop and maintain Excel schedules for EDM financial reporting based on owner requirements.
• Generate month-end and year-end financial reports, including reconciliations of subsidiary ledgers with the general ledger.
• Prepare and post 10+ monthly journal entries per property, covering insurance, expense accruals, expense/income reclassifications, real estate and franchise taxes.
• Process and record miscellaneous deposits while maintaining weekly bank reconciliations for multiple accounts.
• Initiate monthly wire transfers for mortgage payments and reimbursements.
• Issue stop payments when necessary and process unclaimed property funds per state regulations.
• Maintain organized accounting records, including reconciliations, and oversee the monthly financial cycle for assigned properties.
• Proficiency in using accounting software such as QuickBooks, Yardi, Xero, or similar platforms.

Nice to have :

• Bachelor’s or Master’s Degree in Accounting, Finance, or a related field.
• 2+ years of experience in property accounting or real estate finance.
• Strong understanding of accounting principles (GAAP) and financial reporting.
• Excellent attention to detail and strong organizational skills.
• Effective communication skills to collaborate with property owners, vendors, and internal teams.
• Ability to manage multiple properties and meet reporting deadlines.
• Familiarity with property management accounting, including accounts payable and cash flow management.

Why Join Relay Human Cloud?

• Opportunities to work with global clients 🌎
• Dynamic and collaborative work environment 🤝
• Comprehensive health & accident insurance 🏥
• Generous paid time off and holidays 🏖️
• Quarterly, Semi-Annual & Annual recognition, rewards and giveaways 🏆
• Employee development programs: Communication, Soft skills, and more 📚
• Vibrant cultural events: Fun Fridays, Month-End Celebrations, Sports Tournaments, and Festival celebrations 🎉