Real Estate, Finance & Accounting

Senior Accountant / Financial Analyst – Real Estate

$100,000-$120,000
New York
Full Time

Dynamic, highly reputable real estate investment firm in Manhattan is seeking a strong Senior Property Accountant / Financial Analyst with a minimum of 3-4 years of professional experience. This is a unique opportunity for a candidate with an audit or accounting background to gain exposure to the transactions side of the business including acquisitions, dispositions and asset management.

Responsibilities:

  • Review monthly reporting packages from third-party property managers
  • Review annual property budgets, CAM reconciliations, and forecasts
  • Prepare cash flow projections to determine future needs/capital calls
  • Calculate property level dividend distributions and property returns
  • Conduct variance analysis comparing actual performance to historical, budget and underwriting
  • Assist in preparation of quarterly investor reports
  • Maintain property IRR including prepare/review waterfall calculations in joint venture documents
  • Perform loan compliance testing
  • Keep track of lender escrows and review/prepare lender draw requests
  • Perform / Review due diligence on income, CAM & expenses
  • Review underwriting (ARGUS) used to determine pricing

Requirements:

  • Bachelor’s Degree in Accounting required
  • Accounting/audit experience within the real estate industry in either public accounting or from another real estate firm
  • Strong knowledge of GAAP is helpful
  • Commercial real estate experience is helpful