Business Support Accounting

Brightstone

Job Title : Accounts Executive

Department : Property & Asset Management

Reporting Relationships Direct Manager: Sr. Accounts Executive / Property Manager

Objective :The Account Executive is responsible for maintaining all financial records pertaining to the building operations.

Accountabilities:

Establishes and administers estimated/actual pass-through expenses.

Prepares site operational budgets and carry out financial activities as per the budget.

Prepares year end expense reconciliation reports and monitors resident collections/credits.

Ensure CAM bills are raised and submitted to the concerned customers.

Monitor collections (CAM)and coordinates default proceedings.

Prepares all financial reports and reviews with Property Manager.

Generates reports (monthly delinquency, A/R status, project summaries, vacancy, etc.) Effectively coordinates with the vendors to raise invoices within due time.

Initiates late payment calls and implements late payment fees, where applicable as per guidelines set by stake holders.

Monitors lease administration issues (critical dates, scheduled charges, Security Deposit tracking, etc.)

Maintains property Balance Sheet.

Processes and tracks all capital payments (leasing commissions, resident improvements, building improvements, etc.), ensuring compliance with client required payment directives Processes NFAs based on the quotes for new/ breakdown services.

Required Qualifications & Experience:

Communicates effectively with superiors, peers and subordinates.

Should be a Graduate in Commerce with 2-5 yrs. of Experience.

Good knowledge of computer applications (Tally-9) & reporting procedures;

Budgeting & related procedures

Preparation of Financial summaries, Cash Flows Statements etc.

Account Reconciliation