Finance and Accounting, HOA –Assistant Manager- Bangalore
Location: Bengaluru
• Experience: Senior Level
• Openings: 1
Job description
Job Title: Finance
and Accounting, HOA –Assistant Manager
Candidate Expectation and Roles & Responsibilities:
Candidate should have 8+years in HOA.
AppFolio,
Yardi, TOPS, Vantaca, CINC applications
House owner
association Expert
Deep expertise
in HOA fund accounting, assessments, delinquencies, reserves, and audits
Strong
understanding of HOA governing documents and state compliance
Hands on
exposure to HOA / property management systems (e.g., AppFolio, Yardi, TOPS,
Vantaca, CINC)
Advanced Excel
and financial analysis skills
Own end to end
HOA accounting operations, including Accounts Payable, Accounts Receivable,
General Ledger, bank reconciliations, and period close.
Ensure accurate
accounting across Operating Funds and Reserve Funds, maintaining strict fund
segregation and preventing commingling of funds
Oversee
assessment billing cycles (monthly/quarterly/annual) at individual owner ledger
level.
Manage
accounting for special assessments, proration adjustments, ownership transfers,
and refunds.
Oversee
processing of vendor invoices for landscaping, utilities, insurance, repairs,
and management fees.
Ensure correct
fund attribution (operating vs reserve) for all vendor expenses.
Perform and
review monthly bank and escrow reconciliations across all HOA accounts.
Investigate and
resolve reconciling items, stale checks, timing differences, and discrepancies.
Lead month end,
quarter end, and year end close activities, including journals,
reconciliations, and variance analysis.
Prepare board ready financial packages
Flexible for US shifts.