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Senior Property Accountant

Posted yesterday

genuine search groupBrooklyn (NY)

SENIORITY

Senior

SALARY

$120 K-$130 K

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About the role

Salary: $120K-$130K + 10-15% bonus
Our client, a real estate investment firm with a large portfolio of commercial and multifamily properties, is seeking a strong Senior Property Accountant. The position offers a collaborative, supportive culture and significant opportunity for growth.
Responsibilities Include:
  • Oversee accounting duties for a portfolio of commercial properties in NYCPrepare accrual 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
  • Responsible for Common Area Maintenance (CAM)
  • 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

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