Corporate Accounting Associate (with NetSuite experience)

The Corporate Accounting Associate supports the corporate accounting team in managing financial operations, ensuring compliance with US GAAP, and maintaining accurate records within NetSuite. This role is responsible for assisting with the monthly close process and related communications. The associate collaborates with internal teams and external auditors to ensure timely and accurate financial reporting.

Responsibilities:

The individual will be responsible for carrying out the following tasks:

1.Cash Management

• Maintain daily and monthly cash positions within the NetSuite system, ensuring that cash movements are properly recorded and reconciled

2 . Account Reconciliations

• Prepare detailed bank reconciliations, ensuring consistency with system records and investigating discrepancies.
• Prepare detailed balance sheet account reconciliations, ensuring consistency
• with system records and investigating discrepancies.

3. Accounts Receivable Management

• Prepare and upload customer invoices within NetSuite, ensuring billing is accurate, timely, and supported by appropriate documentation.
• Monitor outstanding receivables and assist with follow-up on past-due balances, coordinating with internal stakeholders to resolve billing or collection issues.

4. Intercompany Management

• Prepare and record intercompany invoices and related journal entries, ensuring transactions are accurately reflected across relevant entities.
• Reconcile intercompany balances on a monthly basis and investigate discrepancies to support timely close and consolidated reporting.

5. Audit Support & PBC Deliverables

• Manage and respond to external audit Prepared by Client (PBC) requests, including organizing financial and property-level documentation, capital calls, distributions, and debt service schedules.
• Draft and manage audit confirmation requests for third-party service providers, investors, and lenders, ensuring timely responses.
• Prepare financial schedules and supporting documentation as needed to support parent company annual audits, working closely with auditors to ensure clarity and accuracy.

6. Accounts Payable Management

• Coordinate monthly search for unrecorded payables activity within organization.
• Code and approve accounts payable (AP) invoices within NetSuite.

7. Process Improvement & System Maintenance

• Assist in streamlining accounting processes by identifying opportunities for
• automation and enhancing existing workflows.
• Maintain accurate documentation and version control for all financial and
• property reports, ensuring accessibility and compliance with internal and external
• standards.

Qualifications:

• Bachelor's degree in accounting or a related field.
• CPA or CA designation or eligibility.
• 2-4 years of experience, with a strong understanding of the unique processes involved in real estate financial reporting.
• Advanced proficiency in Microsoft Excel (required), with experience in data analysis, financial modeling, and variance analysis.
• Familiarity with NetSuite is required.
• Strong understanding of US GAAP principles related to real estate investments and funds.
• Excellent organizational and communication skills, both written and verbal.
• High level of attention to detail, accuracy, and the ability to handle large amounts of financial data.
• Ability to work under tight deadlines while maintaining high-quality output.