Financial Accountant - Real Estate

Fosun Hive

New York (NY)

On-site

USD 90,000 - 130,000

Full time

7 days ago
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Job summary

Fosun Hive in New York seeks a detail-oriented Accountant with 3–5 years of institutional real estate accounting experience to join our Finance & Accounting team.

You will support financial reporting, asset-level accounting, internal controls, and cash management, leveraging US GAAP knowledge and strong Excel skills, while coordinating with English and Mandarin-speaking stakeholders.

Qualifications

  • 3–5 years of professional accounting experience with institutional real estate assets.
  • Bachelor’s degree in Accounting, Finance, or related field; CPA or CPA candidate preferred.
  • Strong proficiency in US GAAP and Excel; experience with real estate software (Yardi Voyager, MRI, or RealPage).
  • Fluent English and Mandarin, both written and spoken, to collaborate with global partners.

Responsibilities

  • Manage full-cycle month-, quarter-, and year-end close for real estate assets.
  • Prepare GL entries, reconciliations, and debt compliance schedules.
  • Oversee AP/AR, vendor payments, and cash flow forecasting for assigned portfolios.
  • Draft financial statements under US GAAP and support investor and lender reporting.
  • Coordinate with auditors and tax teams as needed.

Skills

US GAAP
Bilingual EN/Mandarin
Advanced Excel
Real estate accounting
Experience 3–5 years

Education

Bachelor’s degree in Accounting/Finance
CPA or CPA candidate

Tools

Yardi Voyager
MRI
RealPage

Job description

We are seeking a detail-oriented, self-driven Accountant with 3–5 years of institutional real estate accounting experience to join our Finance & Accounting team in New York.

In this role, you will play a critical part in financial reporting, asset-level accounting, internal controls, and corporate cash management. The ideal candidate brings strong technical US GAAP proficiency, hands-on exposure to institutional real estate assets, and the ability to communicate seamlessly in both English and Mandarin.

Key Responsibilities
Asset-Level & Platform Accounting
  • Manage full-cycle month-end, quarter-end, and year-end close processes for commercial real estate assets and holding entities.
  • Prepare and review general ledger entries, bank reconciliations, tenant recovery adjustments, and debt compliance schedules.
  • Oversee accounts payable, accounts receivable, vendor payments, and cash flow forecasting across assigned portfolios.
  • Draft and deliver accurate financial statements (Balance Sheet, Income Statement, Cash Flow) under US GAAP.
  • Partner with Asset Management to review budget vs. actual variances and provide operational variance analyses.
  • Assist in preparing quarterly investor packages, lender reporting requirements, and board presentation decks.
Audit, Tax & Compliance Support
  • Coordinate with external auditors during annual audits and tax preparers for K-1 and tax return preparations.
  • Maintain internal control protocols and ensure compliance with joint venture (JV) agreements and lender covenants.
Cross-Border Communication & Special Projects
  • Serve as a key bilingual liaison bridging headquarters, onshore asset teams, and offshore investment partners.
  • Support ad-hoc financial analysis, treasury management, and real estate transaction closing support as needed.
Qualifications & Requirements
  • Experience: 3–5 years of professional accounting experience, with direct exposure to institutional real estate (commercial, office, retail, or mixed-use assets required). Public accounting (Big 4 / regional) combined with real estate industry experience is a plus.
  • Education: Bachelor’s degree in Accounting, Finance, or related discipline. CPA or CPA candidate preferred.
  • Technical Skills: Strong proficiency in US GAAP. Hands-on experience with real estate software (Yardi Voyager, MRI, or RealPage) and advanced Excel functionality (VLOOKUP, Pivot Tables, financial modeling).
  • Language Skills: Native or business-level fluency in English and Mandarin (both written and spoken) is required due to ongoing collaboration with global stakeholders.
  • Soft Skills: Exceptional organizational skills, high attention to detail, strong business acumen, and the ability to prioritize multi-task deliverables in a fast-paced environment.
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