Group Leader (Property Accounting)

Early Career
Written By Govind V

Job Description

Virrtue is seeking experienced finance and accounting management professionals to be appointed as Group Leaders in our Chennai office. The ideal candidate should be able to effectively guide a team of accountants, and coordinate financial statements for a group of clients in the domain of property management. The role involves regular interactions with clients and auditors and the implementation of accounting procedures  as per Generally Accepted Accounting Principles (GAAP).

Key Responsibilities

  • Managing a team of accountants and ensuring adherence to daily BAU activities

  • Ensuring timely delivery of financial statements according to client agreements

  • Regular interactions/discussions with clients on the financial performance of their properties

  • Responding to accounting questions related to the client’s business within strict TATs

  • Taking responsibility for the accuracy of financial statements prepared by his/her team

  • Supervision of the accounting team in reviewing rent rolls, reconciling bank statements and monitoring monthly operating results against agreed budgets

  • Coordination with operational team members to prepare and approve financial budgets for each property assigned to them

  • Coordination with the Controller, CFO, and other Assistant Controllers to establish and implement short/long-range departmental goals, objectives, policies, and operating procedures

  • Review of CAM reconciliation, management fee calculation, accruals, current liabilities, and aging (AR, AP & BRS)

  • Facilitate hiring as well as annual performance reviews for a team of assistant controllers and accountants

  • Managing team efficiency and providing staffing recommendations to meet expected performance metrics

  • Providing support in financial audit requests and providing recommendations for procedural improvements

  • Review of all Balance Sheet accounts for any changes and understanding the data in these accounts

  • Reports generation for further review and reporting, such as variance analysis, balance sheet, P&L, account reconciliation and aging.

  • Timely creation of accurate financial statements as per business requirements

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Skills Required

  • Deep understanding of financial concepts as applicable in the US commercial landscape

  • Proven organizational skills, especially attention to detail and ability to multi-task effectively

  • Excellent critical reasoning, analytical, problem solving and quantitative skills

  • Strong interpersonal, written and verbal communication skills

  • Experience with ERPs such as Yardi, Entrata & Real Page

  • Proficient with MS office, PowerPoint & Visio

  • JIRA, Macro and Power BI will be added advantage

Education

  • Bachelor’s or higher degree in Accounting

  • M.Com, MBA (Finance & Accounting), or CPA preferred

Experience

  • 10+ years of relevant experience in a similar environment

  • Familiarity with multi-family, student housing and affordable housing property management and accounting is preferred

Govind V
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