Analyst

As a Property Accounting Analyst , you will manage day-to-day activities across lease accounting, project accounting, fixed assets, and balance sheet reconciliations.

Responsibilities

• You will work with lease agreements, validate rent calculations, manage project setups and maintenance, review project costs and capitalization, prepare journal entries, and support month-end close and financial reporting activities.
• You will also analyze account balances, investigate variances, identify accounting risks, and collaborate with business partners to resolve issues.
• The role offers opportunities to take ownership of process transitions, gain deeper end-to-end business understanding, and contribute to process simplification, automation, and stronger financial controls.
• Key Responsibilities 1.
• General Ledger Accounting & Reconciliations Prepare and review balance sheet reconciliations, ensuring accuracy and completeness.
• Perform journal entries, expense accruals, account analysis, and month-end close activities.
• Investigate accounting discrepancies, perform root cause analysis (RCA), and drive timely resolution.
• 2.
• Lease & Property Accounting Review and interpret lease agreements to identify key financial and accounting obligations.
• Perform Sales-Based Rent calculations, CPI-based rent adjustments, and Commercial Rent Tax calculations.
• Maintain accurate lease records and coordinate with business partners to resolve accounting issues.
• 3.
• Project Accounting & Fixed Assets Perform project setup and maintenance, ensuring appropriate accounting classification and tracking.
• Review Assets Under Construction (AUC), validate capitalization eligibility, and monitor project completion.
• Maintain Fixed Asset (FA) ledgers and ensure alignment with General Ledger balances.
• 4 .
• Transition & Knowledge Management Actively participate in end-to-end accounting process transitions, including knowledge transfer, process documentation, and stabilization.
• Demonstrate the ability to quickly learn and independently manage newly transitioned activities, ensuring accuracy, controls, and business continuity.
• Support the development of SOPs and control frameworks to ensure seamless transition and sustainable operations 5 .
• Financial Controls & Process Improvement Analyze account balances, transaction trends, and ageing to identify potential accounting risks.
• Identify opportunities for process simplification, standardization, and automation.
• Support internal and external audits through accurate documentation Key Skills & Competencies Accounting & Technical Skills: Working knowledge or experience in Property Management Accounting, Lease Accounting, and Fixed Asset Accounting.
• Understanding of US GAAP and financial reporting principles. · Process Transition & Knowledge Management: Experience in accounting process transitions, including knowledge transfer, process documentation, control assessment, process stabilization, and independently managing transitioned activities while ensuring business continuity. · Proficiency in Microsoft Excel and experience working with ERP/accounting systems.

Requirements

• Analytical & Problem-Solving | Ownership & Accountability | Learning Agility | Collaboration | Adaptability Qualifications CA / CA Inter / CPA / CWA / CMA / ACCA / MBA (Finance) / M.Com / B.Com / M. Fin or equivalent.
• 4–8 years of post-qualification experience Strong understanding of end-to-end Property Accounting workflows, including upstream and downstream process dependencies, transaction flows, and their impact on financial reporting and controls.
• Relevant experience in Record-to-Report (R2R), General Ledger, Property Accounting, Lease Accounting, or Fixed Assets.
• Prior relevant experience in Retail accounting and US GAAP/Accounting standards Know More About Us here: Life at Target : https://india.target.com/ Benefits : https://india.target.com/life-at-target/workplace/benefits Culture : https://india.target.com/life-at-target/belonging Target Tech : https://tech.target.com/

Preferred

• SAP and reconciliation tools such as Cadency/Blackline would be an advantage.