Senior Property Accountant - US Property Accounting Lead

Job Specification: US Property Accounting Lead / Senior Property Accountant

Role Overview

The role is responsible for overseeing end-to-end US Property Accounting operations, ensuring accurate financial reporting, timely close, compliance with client SLAs, and high-quality deliverables. The position requires hands-on accounting expertise, strong coordination with stakeholders, and the ability to guide junior team members while continuously improving processes.

Key Responsibilities

1. Property Accounting & Financial Close

• Review, oversee, and track end-to-end US property accounting processes, including:
  • Accounts Receivable (AR)
  • General Ledger (GL)
  • Month-end close activities
• Lead and manage month-end, quarter-end, and year-end close processes, ensuring all deliverables are completed on time in line with client SLAs and SOW.
• Create and maintain monthly close calendars, reconciliation trackers, and reporting schedules to drive timely and accurate completion of accounting cycles.

2. AR, Tenant Billing & Cash Management

• Oversee tenant billing, cash application, and AR aging reviews.
• Monitor and resolve outstanding balances, coordinating with internal teams and property managers to ensure timely collections.
• Ensure billing accuracy and proper posting in property management systems.

3. GL Review & Reconciliations

• Review and approve:
  • Journal entries
  • Accruals and deferrals
  • Balance sheet reconciliations
• Ensure all entries and reconciliations are supported by appropriate documentation and comply with accounting standards and internal controls.
• Analyze variances and investigate discrepancies proactively.

4. Stakeholder & Client Coordination

• Coordinate with property managers, asset managers, and clients for:
  • Financial clarifications
  • Variance explanations
  • Reporting and ad-hoc requirements
• Act as a key point of contact to ensure alignment on accounting outcomes and timelines.

5. Audit & Compliance Support

• Support internal and external audits by preparing:
  • Audit schedules
  • Reconciliations
  • Clear, documented explanations for variances
• Ensure compliance with client requirements, accounting policies, and documentation standards.

6. Documentation & Controls

• Ensure proper maintenance of accounting records, including:
  • Structured folder organization
  • Version control
  • Compliance with documentation and review standards
• Maintain high standards of data integrity and audit readiness.

7. Process Improvement & Automation

• Identify opportunities for process improvements, automation, and control enhancements.
• Escalate recommendations to leadership with a continuous improvement mindset.
• Help standardize procedures across properties and clients wherever possible.

8. Team Support & People Management

• Review junior staff work, provide technical guidance, and ensure adherence to quality standards.
• Support workload planning and distribution to meet deadlines efficiently.
• Facilitate cross-training and provide backup support during peak periods or team absences.
• Contribute to team development and knowledge sharing.

9. Additional Responsibilities

• Perform other accounting-related duties as assigned, based on business or client requirements.

Required Qualifications

Education

• Graduate / Postgraduate in Commerce
• MBA Finance
• Inter CA (or equivalent)

Experience

• 3 to 5 years of relevant experience in US Property Accounting or Real Estate Accounting.

Technical & Industry Skills

• Strong working knowledge of US Real Estate accounting concepts.
• Hands-on experience with Yardi and/or MRI property management systems.
• Good understanding of AR, GL, reconciliations, and financial close processes.
• Ability to interpret leases, tenant recoveries, and property-level financials.

Soft Skills

• Strong attention to detail and analytical mindset
• Excellent communication and stakeholder management skills
• Ability to work independently and manage multiple deadlines
• Team-oriented with mentoring capabilities