US Property Accountant

This role is for one of Weekday’s clients Salary range: Rs 800000 - Rs 1000000 (ie INR 8 - 10 LPA)

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