04 Sep
|
Vinayak Outsourcing Works
|
Raipur
04 Sep
Vinayak Outsourcing Works
Raipur
Job Description: A Real Estate Accountant manages the financial operations of property portfolios and real estate firms . Key duties include processing rent collections, overseeing vendor payments, reconciling accounts, and preparing monthly financial statements to ensure portfolio profitability and tax compliance. [1, 2, 3] Core Responsibilities
Financial Reporting: Prepare balance sheets, cash flow statements, and income statements for various property entities .
Accounts Payable & Receivable (AP/AR): Process tenant rents, handle CAM (Common Area Maintenance) charges, and manage vendor invoices.
Reconciliation: Conduct monthly bank reconciliations and ensure general ledger accuracy .
Budgeting & Forecasting: Assist in annual budget creation and track actual financial performance against projections.
Compliance & Auditing:
Prepare year-end tax documents and collaborate with external auditors to ensure compliance with relevant real estate laws. [1, 2, 3, 4, 5]
Essential Qualifications
Education: A Bachelor's degree in Accounting, Finance, or a related field.
Technical Skills: Advanced proficiency in Microsoft Excel and specialized property management software such as [Yardi] or [MRI] .
Industry Knowledge: Understanding of Generally Accepted Accounting Principles (GAAP) and real estate-specific entries like depreciation and amortization. [1, 2, 3, 4]
Key Soft Skills
Solid attention to detail and analytical problem-solving .
Excellent communication to coordinate effectively with property managers, tenants, and senior management.
📌 Accountant For Real Estate Raipur , Chhattisgarh
🏢 Vinayak Outsourcing Works
📍 Raipur