Real Estate Accounting - Senior Process Analyst

BroadridgeHyderabad, TelanganaHybridFull-timeSenior, 5–8 yearsListed 53 minutes ago

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About this role

At Broadridge, we've built a culture where the highest goal is to empower others to accomplish more. If you’re passionate about developing your career, while helping others along the way, come join the Broadridge team.

About Broadridge:

Broadridge Financial Solutions is a global fintech leader providing technology, communications, and data-driven solutions to the financial services industry. We help businesses simplify complex operations, enhance efficiency, and deliver better experiences for their clients.

With a strong global presence and a culture built around innovation, collaboration, and continuous improvement, Broadridge offers employees the opportunity to work on meaningful, large-scale business processes while building expertise in a dynamic and technology-driven environment.

At Broadridge, our values are reflected through CREATE – Client Focus, Respect, Excellence, Accountability, Teamwork, and Efficiency , which guide how we work and collaborate every day.

Position Summary:

The Real Estate Accountant is responsible for accounting activities supporting the company’s real estate and lease portfolio, with primary responsibility for right-of-use (ROU) asset and lease liability accounting. This role manages lease and facility expense accounting, prepares and records journal entries, performs balance sheet reconciliations, supports close activities, and assists with SOX compliance and annual audit requirements. The ideal candidate has strong knowledge of accruals, prepayments, amortization, variance analysis, and lease accounting processes.

Key Responsibilities

- Manage accounting for ROU assets and lease liabilities, including initial recognition, monthly amortization, lease payments, modifications, remeasurements, and other lease-related activity.
- Perform lease expense accounting and ensure lease-related expenses are recorded accurately and timely.
- Prepare, review, and post recurring and non-recurring journal entries, including: Utility expense accruals, Personal property tax accruals and payments, Rent expense and rent-related entries, Prepaid rent and prepaid tax amortization, ROU asset amortization, Facility expense allocations, Asset retirement obligation (ARO) accounting and related adjustments, Other real estate, occupancy, and lease-related expenses
- Manage prepayments and amortizations for rent, taxes, utilities, facilities, and other assigned expenses.
- Prepare month-end adjustments and support month-end, quarter-end, and year-end close activities.
- Prepare and perform balance sheet reconciliations for security deposits, lease liabilities, ROU assets, prepaids, asset retirement obligations, and other assigned real estate-related accounts.
- Investigate, resolve, and document reconciling items, account variances, and discrepancies in a timely manner.
- Perform balance sheet flux analysis and provide explanations for material period-over-period changes.
- Perform profit and loss variance analysis for real estate, lease, utility, and facility-related expenses.
- Reconcile lease subledger activity and related general ledger balances, ensuring alignment between Visual Lease and Oracle Fusion .
- Maintain supporting documentation for journal entries, reconciliations, lease calculations, account analyses, and audit requests.
- Support SOX compliance by preparing control evidence, maintaining process documentation, and assisting with control testing activities.
- Assist with internal and annual external audits by providing schedules, reconciliations, documentation, and explanations for real estate-related account balances.
- Coordinate with Real Estate, Facilities, Accounts Payable, Tax, Treasury, Financial Reporting, and other internal stakeholders to obtain information needed for accurate accounting.
- Identify opportunities to improve accounting processes, internal controls, reconciliation procedures, documentation, and reporting.
- Support ad hoc reporting, analysis, and special projects as assigned.

Why Join Broadridge?

At Broadridge , you will have the opportunity to:

- Build expertise in global finance operations and work with complex accounting processes supporting a global organization.
- Work with leading finance technologies , including platforms such as Oracle Fusion and Visual Lease.
- Collaborate across functions and geographies , partnering with Finance, Real Estate, Facilities, Tax, Treasury, Accounts Payable, and Financial Reporting teams.
- Drive process improvements and contribute to automation, controls, and operational efficiency.
- Develop your career through exposure to diverse accounting processes, stakeholders, and global business operations.
- Be part of a culture that values innovation, inclusion, collaboration, and continuous learning .
- Work in an environment where your contributions have a direct impact on the quality, accuracy, and efficiency of global financial operations.

Be part of Broadridge. Build what's next.

Join us and grow your career while helping transform the way global businesses operate.

We are dedicated to fostering a collaborative, engaging, and inclusive environment and are committed to providing a workplace that empowers associates to be authentic and bring their best to work. We believe that associates do their best when they feel safe, understood, and valued, and we work diligently and collaboratively to ensure Broadridge is a company—and ultimately a community—that recognizes and celebrates everyone’s unique perspective.

Use of AI in Hiring

As part of the recruiting process, Broadridge may use technology, including artificial intelligence (AI)-based tools, to help review and evaluate applications. These tools are used only to support our recruiters and hiring managers, and all employment decisions include human review to ensure fairness, accuracy, and compliance with applicable laws. Please note that honesty and transparency are critical to our hiring process. Any attempt to falsify, misrepresent, or disguise information in an application, resume, assessment, or interview will result in disqualification from consideration.