Summary The Operating Property Accountant, UK and JV owns the month-end close and financial reporting for an assigned group of UK and joint venture entities, including foreign currency translation, UK statutory reporting, and partner reporting for entities with outside ownership interests. This role works closely with the UK third-party management company, the BMR tax team, and onshore accounting teams to ensure accurate, timely financial reporting. The ideal candidate brings solid accounting fundamentals, attention to detail, and the ability to manage multiple entities and reporting frameworks in a fast-paced workplace.

This is an exciting opportunity to contribute to the financial performance of a growing portfolio with a leading organization in the office real estate sector.

Key Accountabilities

Month-End Close & Financial Reporting

- Execute the month-end close for assigned UK and joint venture entities, ensuring all

journal entries, accruals, and reconciliations are completed accurately and within established close deadlines
- Support month-end close for assigned UK portfolio entities by reviewing financials

prepared by the UK third-party management company (including UK-specific accounting treatment) and inputting the financials into UK MRI monthly
- Transfer and translate UK entity trial balances into US MRI monthly (including foreign

exchange conversion), and prepare related entries for: Generally Accepted Accounting Principles (GAAP) adjustments

VAT reclassifications

Other Comprehensive Income (OCI) reconciliations
- Generate standard, recurring, and non-recurring journal entries related to assigned

entities, resolving questions arising from unusual variances or fluctuations
- Maintain the close calendar and checklist for assigned UK and joint venture entities,

confirming all tasks are completed and supported within the close timeline Joint Venture Accounting, Reconciliations and Reporting
- Assist with joint venture accounting for entities with outside ownership interests,

including:





Preparation of financial statements

Waterfall and distribution calculations

Partner reporting

- Reconcile joint venture partner capital accounts and prepare contribution and

distribution entries
- Support preparation of JV partner reporting packages and respond to partner

information requests
- Perform monthly Common Area Maintenance (CAM) reconciliations and recovery

analysis for assigned joint venture properties, identifying under- or over-recovery positions and posting adjusting entries
- Coordinate the month-end expense accrual process for assigned joint venture

properties, working with property managers to obtain and review accrual estimates for reasonableness, and posting the related entries within the monthly deadline UK Statutory Reporting and Tax Support
- Prepare annual financial statements for the UK portfolio, including Balance Sheet, P&L;,

and Cash Flow
- Prepare the working files for UK corporate income tax filings, review the return

prepared by the UK accounting firm, and work closely with the BMR tax team on various tax-related filing requirements

Reconciliations and Analysis

- Reconcile balance sheet accounts monthly, researching and resolving reconciling items

in a timely manner and preparing variance analyses
- Review income statements for assigned entities to detect potential risks and issues
- Summarize the drivers of financial statement fluctuations by major category when

multiple factors may be contributing, including:

Rental Revenue

Recoveries

Net Operating Income

Non-Recoverable Expense

Bad Debt

Cross-Functional Partnership
- Work with the BMR corporate, tax, treasury,



and lease administration teams to support

information requests and cross-functional reporting needs
- Coordinate with the onshore accounting team and the UK third-party management

company on close deliverables, escalating issues and open items in a timely manner
- Partner with property management teams on expense accruals and CAM reconciliations

for assigned joint venture properties
- Support process improvement and documentation efforts, identifying opportunities to

standardize recurring processes
- Willingness to take on additional projects, as needed

Required Experience:
- Education

University/College Accounting degree consistent with local market expectations for role Accounting certifications consistent with local market expectations for role
- Experience

6 plus years of accounting experience required Experience with month-end closing activities and financial reporting processes required

Experience managing full-cycle accounting and month-end close responsibilities

Experience with foreign currency translation and multi-entity or cross-border reporting is preferred

Experience with joint venture accounting, including partner capital accounts and distribution calculations, is preferred

Real estate property accounting experience and familiarity with lease accounting and CAM reconciliations are preferred

Experience in a GCC (Global Capability Center), shared services, or BPO environment supporting a US-based team is strongly preferred

- Technical Skills

Financial Analysis: Ability to analyze, interpret, and communicate portfolio financial data US GAAP Proficiency: Working knowledge of US GAAP, including accrual accounting, consolidations, and foreign currency translation

Knowledge of Department Policies, Processes, and Procedures

Software Tools & Applications: Strong MS Excel skills required; familiarity with

ERP and accounting systems or property management software such as MRI,

Nexus Payables, and Oracle is preferred

📌 Operating Property Accountant (Bengaluru)
🏢 Careernet
📍 Bengaluru