US Property Accountant

Location: Ahmedabad; Mumbai
Compensation: INR 800000 - 1000000 per year 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

This role is for one of our clients

Seniority level: Mid-Senior level
Industry: Finance and Accounting

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