Senior Accountant

Year    TN, IN, India

Job Description

Job Summary

The Senior Accountant is responsible for managing and overseeing accounting operations related to real estate properties, projects, and investments. This role ensures accurate financial reporting, compliance with accounting standards, timely closing of books, and effective financial controls across property portfolios.

Key Roles & ResponsibilitiesFinancial Accounting & Reporting

Prepare and review monthly, quarterly, and annual financial statements for real estate entities and projects Ensure accurate recording of property revenues, expenses, accruals, and adjustments Handle month-end and year-end closing activities Maintain general ledger and supporting schedules
Real Estate-Specific Accounting

Manage accounting for rental income, lease agreements, CAM (Common Area Maintenance) charges, and service income Account for property acquisitions, disposals, and capital expenditures Track construction-in-progress (CIP) and capitalization of costs Calculate depreciation and amortization of property assets Manage escrow, security deposits, and tenant advances
Budgeting & Forecasting

Assist in preparation of annual budgets and financial forecasts for properties and projects Monitor actual performance against budget and analyze variances Support cash flow planning for property operations
Compliance & Audit

Ensure compliance with accounting standards (IFRS / GAAP) and company policies Coordinate with external auditors and provide audit schedules and documentation Support tax filings, including property taxes, VAT/GST, and other statutory requirements
Accounts Payable & Receivable Oversight

Review and monitor accounts payable and receivable related to properties Ensure timely invoicing, rent collection, and reconciliation of tenant accounts Approve vendor payments and expense allocations
Reconciliations & Controls

Perform bank, escrow, and intercompany reconciliations Maintain strong internal controls over financial processes Identify and resolve discrepancies in financial records
Team & Stakeholder Support

Guide and review work of junior accounting staff Coordinate with property management, leasing, and legal teams Provide financial insights to management for decision-making
Qualifications & SkillsEducation

Bachelor's degree in Accounting, Finance, or related field Professional certification (CA / CPA / ACCA / CMA) preferred
Experience

5-8 years of accounting experience, preferably in real estate or property management Experience with real estate accounting software (e.g., Yardi, MRI, SAP, Oracle, QuickBooks)
Technical Skills

Strong knowledge of financial reporting and accounting standards Proficiency in MS Excel and financial analysis Understanding of lease accounting and property financials
Soft Skills

Strong attention to detail and accuracy Analytical and problem-solving skills Good communication and coordination abilities Ability to meet deadlines in a fast-paced environmentJob Summary
The Senior Accountant is responsible for managing and overseeing accounting operations related to real estate properties, projects, and investments. This role ensures accurate financial reporting, compliance with accounting standards, timely closing of books, and effective financial controls across property portfolios.

Key Roles & ResponsibilitiesFinancial Accounting & Reporting

Prepare and review monthly, quarterly, and annual financial statements for real estate entities and projects Ensure accurate recording of property revenues, expenses, accruals, and adjustments Handle month-end and year-end closing activities Maintain general ledger and supporting schedules
Real Estate-Specific Accounting

Manage accounting for rental income, lease agreements, CAM (Common Area Maintenance) charges, and service income Account for property acquisitions, disposals, and capital expenditures Track construction-in-progress (CIP) and capitalization of costs Calculate depreciation and amortization of property assets Manage escrow, security deposits, and tenant advances
Budgeting & Forecasting

Assist in preparation of annual budgets and financial forecasts for properties and projects Monitor actual performance against budget and analyze variances Support cash flow planning for property operations
Compliance & Audit

Ensure compliance with accounting standards (IFRS / GAAP) and company policies Coordinate with external auditors and provide audit schedules and documentation Support tax filings, including property taxes, VAT/GST, and other statutory requirements
Accounts Payable & Receivable Oversight

Review and monitor accounts payable and receivable related to properties Ensure timely invoicing, rent collection, and reconciliation of tenant accounts Approve vendor payments and expense allocations
Reconciliations & Controls

Perform bank, escrow, and intercompany reconciliations Maintain strong internal controls over financial processes Identify and resolve discrepancies in financial records
Team & Stakeholder Support

Guide and review work of junior accounting staff Coordinate with property management, leasing, and legal teams Provide financial insights to management for decision-making
Qualifications & Skills Education

Bachelor's degree in Accounting, Finance, or related field Professional certification (CA / CPA / ACCA / CMA) preferred
Experience

5-15 years of accounting experience, preferably in real estate or property management Experience with real estate accounting software (e.g., Tally, ZOHO, Odoo)
Technical Skills

Strong knowledge of financial reporting and accounting standards Proficiency in MS Excel and financial analysis Understanding of lease accounting and property financials
Soft Skills

Strong attention to detail and accuracy Analytical and problem-solving skills Good communication and coordination abilities Ability to meet deadlines in a fast-paced environment
Job Type: Full-time

Pay: ₹30,000.00 - ₹60,000.00 per month

Benefits:

Cell phone reimbursement Health insurance
Work Location: In person

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Job Detail

  • Job Id
    JD5001451
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    TN, IN, India
  • Education
    Not mentioned
  • Experience
    Year