Key Responsibilities. Financial Reporting & Analysis:. Prepare and review monthly, quarterly, and annual financial statements for real estate properties and related entities.
Analyze financial performance, identify trends, and provide recommendations to management for cost-saving opportunities or potential areas of concern.
Track and reconcile property-related expenses, including utilities, taxes, maintenance, and insurance.
General Ledger Management. Maintain and reconcile general ledger accounts, ensuring all transactions are recorded accurately.
Post journal entries related to real estate operations, including rent receipts, property expenses, and capital expenditures.
Property Management Accounting. Track rent rolls, tenant payments, and lease agreements to ensure accurate and timely billing.
Assist in the preparation of lease abstracts and ensure compliance with lease terms.
Budgeting & Forecasting. Assist in the preparation of annual property budgets and forecasts.
Monitor actual performance against budgets, and assist with variance analysis and reporting.
Tax & Compliance. Ensure accurate and timely filing of property taxes, sales taxes, and other required filings.
Maintain knowledge of real estate accounting principles, including GAAP, and ensure compliance with relevant laws and regulations.
Cash Management. Oversee daily cash transactions related to real estate operations and manage cash flow.
Assist in the preparation of cash projections for property acquisitions, sales, and operations.
Property Acquisitions & Dispositions. Assist with the financial analysis of property acquisitions, including due diligence, purchase price allocation, and integration into accounting records.
Support the accounting process for property sales, including the calculation of gain/loss and the transfer of ownership.
Audit & Internal Controls. Prepare supporting documentation for internal and external audits.
Implement and maintain strong internal controls to safeguard company assets and ensure accuracy of financial data.
About Company:With a rich heritage spanning 38 years, OPTUS HOUSING is a premier force in the real estate arena, with specialization in buying, selling, and development of luxury housing properties that includes high-rise apartments and builder floors in Gurgaon. Our legacy reflects a commitment to sophistication, innovation, and client satisfaction. As market pioneers, we seamlessly blend tradition with forward-thinking strategies, offering a personalized experience for those seeking to buy, sell, or engage in commercial and residential housing property development. With a portfolio showcasing excellence, We are more than a real estate company; we are the architects of legacies, inviting you to join us in a world where experience and innovation converge seamlessly. Welcome to OPTUS HOUSING, where every property is a testament to our dedication to quality and unparalleled service