Job Description

Senior Accountant responsibilities include reconciling account balances and bank statements, maintaining general ledger and preparing month-end close procedures. A successful Senior Accountant combines excellent analytical skills with a thorough knowledge of accounting principles to analyze financial reports and forecasts.

Responsibilities:

Financial Reporting:

- Prepare and analyze monthly, quarterly, and annual financial statements for various real estate assets, ensuring accuracy and compliance with accounting standards .

Budgeting and Forecasting:

- Collaborate with management to develop budgets and financial forecasts for real estate projects and portfolios.

- Monitor actual performance against budgeted figures and provide variance analysis.

Financial Analysis:

- Conduct in-depth financial analysis of real estate investments, including ROI calculations, cash flow projections, and sensitivity analysis.

- Provide insights to support decision-making regarding acquisitions, dispositions, and property management strategies.

General Ledger Maintenance:

- Oversee the general ledger accounting process, including journal entries, reconciliations, and month-end close procedures.

- Ensure proper documentation and classification of transactions related to property operations, leasing, and financing.

Tax Compliance:

- Coordinate with external tax advisors to ensure compliance with tax regulations and optimize tax strategies for real estate transactions.

- Prepare schedules and supporting documentation for tax filings, including property tax returns and partnership tax returns.

Internal Controls:

- Implement and maintain internal control procedures to safeguard company assets and ensure the integrity of financial data.

- Conduct periodic audits and reviews to identify areas for improvement and mitigate risks.

Lease Administration:

- Work closely with property management teams to review lease agreements, calculate rent escalations, and analyze lease terms for financial implications.

- Update lease databases and assist in lease abstraction and interpretation.

Financial Systems Management:

- Utilize accounting software and financial systems to streamline processes and enhance reporting capabilities.

- Identify opportunities for system enhancements or upgrades to improve efficiency and accuracy.

Audit Support:

- Serve as a key liaison during external audits, providing auditors with requested documentation, explanations, and analyses.

- Address audit findings and implement recommended changes to strengthen internal controls and compliance.

Team Leadership:

- Supervise and mentor junior accounting staff, providing guidance on technical matters, professional development, and performance management.

- Foster a collaborative and supportive work environment within the finance team.

Banking Activities:

- Coordinating with the Bank personnel for various banking activities.

- Handing and supervision of Directors personal accounts, Share account, portfolio etc.

Qualifications:

- Bachelor's degree in Accounting, Finance, or related field; CA or equivalent certified preferred.

- 10+ years of progressive accounting experience in the real estate industry, with a strong understanding of real estate accounting principles and practices.

- Proficiency in accounting software like Tally and Microsoft Excel.

- Excellent analytical skills and attention to detail, with the ability to interpret complex financial data and communicate findings effectively.

- Experience managing multiple priorities in a fast-paced environment and meeting tight deadlines.

- Demonstrated leadership abilities and experience in supervising and developing accounting professionals.

Job Types: Full-time, Permanent

Pay: ?35,000.00 - ?40,000.00 per month

Benefits:

• Provident Fund

Schedule:

• Day shift

Education:

• Bachelor's (Preferred)

Experience:

• Accounting: 8 years (Required)
• Tally: 8 years (Required)
• total work: 8 years (Required)

License/Certification:

• CA-Inter (Preferred)

Work Location: In person