Property Accountant

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

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