Real Estate

Senior Property Accountant – Residential

$95,000-$110,000/yr.
New York Metro Area (remote)
Full Time

Our client, a highly reputable real estate owner/developer with a large portfolio of multifamily properties, is seeking a strong Senior Property Accountant. The position offers significant opportunity for growth and a fully remote work schedule.

Responsibilities Include:

  • Oversee accounting duties for a portfolio of properties in NYC and across the country.
  • Prepare GAAP financials for assigned portfolio
  • Analyze the general ledger for each property, prepare journal entries, calculate accruals and adjustments and maintain detailed workpaper files on a monthly basis
  • Review results of operations and provide detailed explanations of variances
  • Review invoices to ensure correct account coding and expense allocations
  • Prepare reconciliations of all cash accounts, reserves and escrows
  • Monitor cash balances and request capital funding, as needed
  • Interact with asset managers, leasing agents, and property managers
  • Assist in the resolution of tenant billing inquiries with accounts receivable and legal departments
  • Ensure lender reporting compliance
  • Respond to lender inquiries, as needed
  • Compile financial information for analysts during debt refinances and/or sales of properties
  • Prepare annual budget and reforecast
  • Serve as the main contact for annual audits and tax return preparation

Requirements Include:

  • Bachelor’s Degree in Accounting
  • Background in public accounting or private industry within the real estate industry
  • Knowledge of Yardi, MRI or similar software is preferred
  • Strong organizational and communication skills