Property Accountant

💰 ₹18,000 - ₹28,800 (Est.) 📍 New Delhi 🕐 3 days ago

Job Description

L
LEX FAVIOS


Financial Legal Counsel
LEX FAVIOS • Delhi • via Trabajo.org
15 hours ago
Full–time
Apply on Trabajo.org
Job description
Company Description

Lex Favios is a full-service law firm with offices in Delhi and Mumbai, dedicated to providing comprehensive corporate advisory and legal services. With a commitment to delivering practical and cost-effective solutions, the firm serves a diverse range of sectors, including Manufacturing, Telecommunications, Education, Real Estate, and more. Lex Favios specializes in practice a...
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K
KAPS


Property Accountant
KAPS • Delhi • via Trabajo.org
10 hours ago
Full–time
Apply on Trabajo.org
Job description
Overview

A Property Accounting Associate is responsible for managing and overseeing the financial aspects of real estate properties, ensuring accurate documentation of income and expenses, and supporting the financial integrity of property investments. This role bridges the gap between real estate operations and financial management, working closely with property managers, owners, and vendors to maintain financial records and ensure compliance with accounting standards and regulations.

Key Responsibilities
• Prepare monthly, quarterly, and year-end financial statements and reporting packages for assigned properties.
• Record and process accounts payable (AP) and accounts receivable (AR), including tenant billing, cash receipts, and bank deposits.
• Maintain the general ledger by preparing journal entries and reconciling accounts, including monthly bank statement reconciliations.
• Analyze financial transactions and determine appropriate accounting treatment in accordance with standards.
• Assist with the preparation and review of annual operating budgets and financial forecasts
• Conduct common area maintenance (CAM) and real estate tax reconciliations, and communicate overages or shortages to tenants.
• Monitor daily cash balances and assist with cash flow projections and planning.
• Assist with special projects and ad-hoc tasks as assigned by management.

Required Skills and Qualifications
• Bachelor’s degree in Accounting, Finance, Economics, or Business Management is typically required.
• At least two years of general accounting experience; experience in real estate property accounting is preferred.
• Proficiency in Microsoft Word, Excel, and accounting software (e.g., MRI, Yardi, AppFolio) is highly desirable.
• Strong organizational, analytical, and time management skills, with the ability to multitask and prioritize in a fast-paced environment.
• Excellent verbal and written communication skills for collaborating with team members, property managers, and external stakeholders.
• Solid understanding of accounting principles, financial statements, and real estate operations.
• Attention to detail and accuracy in data entry and financial analysis.

💡 Quick Summary

Seeking a career-building opportunity? The Property Accountant position is now open for candidates interested in the Finance sector. This role in New Delhi offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Finance is a plus.

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Frequently Asked Questions

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The expected salary for Property Accountant in New Delhi is ₹18,000 - ₹28,800 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Property Accountant is an on-site position based in New Delhi. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Property Accountant. Previous experience in Finance is a plus. Freshers may also apply depending on the employer's requirements.
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