Group Leader (Property Accounting)

Position Summary

Virrtue is seeking experienced finance and accounting management professionals to be appointed as Group Leaders in the Chennai office. The ideal candidate will guide a team of accountants, coordinate financial statements for a group of clients in the property management domain, engage regularly with clients and auditors, and implement accounting procedures as per 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 and discussions with clients about 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 the team
• Supervising the accounting team in reviewing rent rolls, reconciling bank statements, and monitoring monthly operating results against agreed budgets
• Coordinating with operational team members to prepare and approve financial budgets for each property assigned
• Coordinating with the Controller, CFO, and other Assistant Controllers to establish and implement departmental goals, objectives, policies, and operating procedures
• Reviewing CAM reconciliation, management fee calculation, accruals, current liabilities, and aging (AR, AP & BRS)
• Facilitating 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 recommending procedural improvements
• Reviewing all balance sheet accounts for changes and understanding the data in these accounts
• Generating reports such as variance analysis, balance sheet, P&L, account reconciliation, and aging
• Timely creation of accurate financial statements as per business requirements

Skills Required

• Deep understanding of financial concepts 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
• Knowledge of JIRA, Macro, and Power BI is an 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

Location

4300 Alpha Road, Suite 200, Dallas, TX 75244

Contact

Phone: