Junior Property Accountant

LHH Recruitment Solutions; New York (NY); On-site; USD 75,000 - 85,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance

401(k) with company match

Paid time off and holidays

Professional development and career增长

Job summary

LHH Recruitment Solutions is assisting a Real Estate Development & Investment firm in Midtown, Manhattan, to fill a Junior Property Accountant position. The role requires 1+ year of experience in real estate or property management, GAAP knowledge, and strong Excel skills.

You will support monthly close, tenant billing, budgets, audits, and collaborate with property managers. This is a growth hire with training and mentoring from a close-knit accounting team, offering career development and

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 1+ years in real estate or property management accounting.
• Understanding of GAAP.
• Proficient in Excel with pivot tables.
• Strong analytical and communication skills.

Responsibilities

• Prepare monthly financial statements for assigned properties and assist with period close.
• Record and reconcile cash receipts, deposits, and disbursements.
• Process journal entries, accruals, and adjustments.
• Perform bank and GL reconciliations.
• Review AP/AR transactions for accuracy.
• Assist tenant billing, rent collections, lease administration accounting.
• Analyze variances and research discrepancies.
• Assist with budgets, forecasts, and audit preparation.
• Collaborate with property managers to resolve financial issues.
• Ensure compliance with policies and GAAP.

Skills

Analytical thinking

Detail oriented

Communication

Education

Bachelor's degree in Accounting/Finance

Tools

Microsoft Excel

Job description

LHH Recruitment Solutions is working with a Real Estate Development & Investment firm to fill a Junior Property Accountant position in Midtown, Manhattan. We are seeking an individual with at least 1 year of previous Real Estate or Property Management industry experience. This role is open due to growth and the team is excited to welcome, train, and mentor a new junior professional.

Key Responsibilities

• Assist with the preparation of monthly financial statements for assigned properties as well as support the month-end, quarter-end, and year-end close processes.
• Record and reconcile daily cash receipts, deposits, and disbursements.
• Prepare and process journal entries, accruals, and account adjustments.
• Perform monthly bank reconciliations and general ledger reconciliations.
• Review accounts payable and accounts receivable transactions for accuracy.
• Assist with tenant billing, rent collections, and lease administration accounting.
• Analyze variances and research accounting discrepancies.
• Assist with annual budgets, forecasts, and audit preparation.
• Collaborate with property managers and other departments to resolve financial issues.
• Ensure compliance with company policies, accounting standards, and regulatory requirements.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field is required
• 1+ years of accounting experience within real estate or property management space.
• Understanding of Generally Accepted Accounting Principles (GAAP).
• Proficiency in Microsoft Excel, including formulas, pivot tables, and data analysis.
• Strong analytical, organizational, and problem-solving skills.
• High attention to detail and accuracy.
• Excellent written and verbal communication skills.

Work Schedule

• 4-5 days in office in Midtown, Manhattan. Must be available to do 5 days.
• 8:30 - 5:30 PM, 40 hour work week with occasional overtime during busier times (month end, audit season)
• Salary Range: 75-85k annually
• Medical, dental, and vision insurance
• 401(k) with company match
• Paid time off and holidays
• Professional development and career growth opportunities

Equal Opportunity Employer/Veterans/Disabled

To read our Candidate Privacy Information Statement, which explains how we will use your information, please visit https://www.lhh.com/us/en/privacy-policy

The Company will consider qualified applicants with arrest and conviction records in accordance with federal, state, and local laws and/or security clearance requirements, including, as applicable:

• The California Fair Chance Act
• Los Angeles City Fair Chance Ordinance
• Los Angeles County Fair Chance Ordinance for Employers
• San Francisco Fair Chance Ordinance