Manager - Accounting - Real Estate

Job description

Job Location: - Gurgaon

Work Mode: Hybrid (3 days from Office & 2 days from Home)

Shift Timing: - 10:00 AM to 7:00 PM

Role & responsibilities:

- Oversee and collaborate with 3rd party property teams.

- Review 3rd party property accounting for consistency and accuracy.

- Manage rent rolls, lease maintenance, and cash management.

- Prepare financial reports, annual budgets, and quarterly budget re-projections.

- Calculate tax basis amortization and depreciation.

- Support 3rd party MRI users.

- Review and approve operating and tax escalations, annual estimates, and reconciliations.

- Handle cost pools, expense caps, exclusions, gross-ups, and base year calculations.

- Manage mortgage payments and lender reporting, including debt service coverage ratio calculations.

- Oversee loan and escrow draws.

- Prepare unaudited and audited financial reports as required.

- Provide comprehensive audit support.

- Work with construction professionals on accounting for development projects.

- Prepare ad-hoc financial analysis and reporting.

- Review and comply with operating agreements.

- Manage joint venture accounting, including financial reporting, capital calls, distributions, and management fees.

- Collaborate with the Acquisitions team on diligence materials and post-closing activities.

- Onboard properties and train 3rd party teams on financial standards.

- Respond to Buyer diligence requests and prepare prorations for dispositions.

Preferred candidate profile:

- 5-8 years property accounting experience (commercial real estate preferred)

- Experience with Funds and/or Joint Ventures

- Experience with fair value GAAP, tax accounting.

- IFRS a plus

- Experience with TRS (Taxable REIT Subsidiaries) a plus

- Proficient with tenant recoveries (CAM)

- Understanding of waterfall calculations

- Experience in year-end audit including preparation of financial statements and footnotes

- Experience with loan compliance including loan-draw and escrow-draw packages, covenant calculations

- Ability to work independently and communicate effectively

- Ability to work in a fast-paced environment

- Detail oriented and ability to multitask and prioritize

- Proficiency with financial software systems applications and proficiency with Microsoft Windows software programs, MRI experience a plus