About the Opportunity
Our client is a prominent New York City Real Estate firm that is seeking a Property Accountant to join their tight-knit and highly visible environment. The firm is a low-turnover type of shop, with employees historically staying for a long time. This role will provide you with great quality-of-life and stability. The position requires 3+ years of prior experience in either public accounting or at another Real Estate company.
The annual base salary range is $95,000 to $120,000. Actual compensation offered to the successful candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level, among other things. Details about eligibility for bonus compensation (if applicable) will be finalized at the time of offer.
Job Responsibilities
- Ensure the proper accounting and reporting related to real estate property that is owned directly and indirectly by the company
- Manage communication and relationships with:
- Real Estate investment professionals such as the Director of Commercial Asset Management and Development, and the Head of Multifamily Asset Management
- External Real Estate professionals, such as third-party asset managers and external asset managers
- Finance and Accounting professionals, collaborating daily with colleagues on transactions and issues.
- External auditors, assisting with coordination of interim and year-end audit.
- Prepare and manage monthly journal entries including bank reconciliation records
- Support the production of property company reporting packages and required financial information and analytics
- Assist with treasury and funding operations and oversee/coordinate re-balancing of subsidiary funding of investments as needed
- Assist in year-end audits of real property assets, annual tax, and city required filings
- Prepare and compile workpapers and financial data by performing detailed review of general ledger and other property owner reports
- Review lease abstracts and ensure payments are in accordance with leases
- Be knowledgeable and contribute to internal control systems surrounding real estate properties
- Support on special projects as needed
Job Requirements
- 2-3 years of experience with leading organizations in public accounting. Experience with a real estate fund manager and property accounting preferred
- Strong educational background in accounting (e.g. CPA and knowledge of GAAP, IFRS)
- Technical knowledge regarding real estate property accounting and understanding of investments
- Knowledge of Property accounting platforms preferred
- Highest level of personal and professional integrity with a deep commitment to confidentiality
