Senior Property Accountant

Job Description

Salary: $125K-$135K + 10-15% bonus

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WFH: Fridays

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Our client, a real estate investment firm with a large portfolio of commercial and multifamily properties as well as data centers, is seeking a strong Senior Property Accountant. The position offers a collaborative, supportive culture and significant opportunity for growth.

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Responsibilities Include:

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• Oversee accounting duties for a portfolio of commercial properties in NYC

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• Prepare accrual financials for assigned portfolio

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• Analyze the general ledger for each property, prepare journal entries, calculate accruals and adjustments and maintain detailed workpaper files on a monthly basis

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• Review results of operations and provide detailed explanations of variances

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• Review invoices to ensure correct account coding and expense allocations

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• Responsible for Common Area Maintenance (CAM)

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• Prepare reconciliations of all cash accounts, reserves and escrows

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• Monitor cash balances and request capital funding, as needed

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• Interact with asset managers, leasing agents, and property managers

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• Assist in the resolution of tenant billing inquiries with accounts receivable and legal departments

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• Ensure lender reporting compliance

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• Respond to lender inquiries, as needed

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• Compile financial information for analysts during debt refinances and/or sales of properties

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• Prepare annual budget and reforecast

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• Serve as the main contact for annual audits and tax return preparation

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Requirements Include:

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• Bachelor's Degree in Accounting

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• Background in public accounting or private industry within the real estate industry

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• Knowledge of Yardi, MRI or similar software is

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• Strong organizational and communication skills

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