Senior Accountant

Bluevale Capital Group; New York (NY); On-site; USD 72,000 - 137,000; Full time

Job summary

Bluevale Capital, a boutique real estate private equity firm, seeks a Senior Accountant to support its U.S. portfolio. The ideal candidate will be responsible for financial reporting, tax compliance, and audit preparation while collaborating with various teams. This role offers exposure to company leadership and the chance to contribute to significant financial decisions within a dynamic environment.

Qualifications

• Minimum 3 years of relevant accounting experience.
• Full cycle accounting experience required.
• Ability to learn new software quickly as needed.

Responsibilities

• Prepare monthly and quarterly financial statements for U.S. property entities.
• Oversee property-level accounting, ensuring accurate transactions.
• Coordinate with external tax advisors for regulatory filings.

Skills

Attention to detail

Problem-solving

Collaboration

Education

CPA designated

Tools

QuickBooks

Job description

Bluevale Capital is a boutique, real estate private equity firm that specializes in value-add, development and special situational multi-residential projects. Over the past two years, the firm has completed over $150M of transactions with the intention of creating a $1B+ real estate fund over the next 2-3 years. By working with government leaders, and by partnering with our sponsors and lenders, the company’s vision is to create 10,000+ residential units with a focus on tackling the affordable housing crisis in North America. We are currently putting together a stellar team that will help achieve this goal.

The Role | Senior Accountant

As a Senior Accountant supporting our U.S. portfolio, you will support all back, middle and front office activities of the business with a specific focus on accounting, treasury and FP&A. This also requires experience and knowledge of U.S. federal and state tax laws, financial regulations, and real estate accounting standards (including GAAP).

Reporting directly to the Finance Manager, this role will allow high levels of exposure to company leadership including the VP, Finance and CFO. You will use your intuition, problem solving skills, and experience to support the company growth strategy and help with transaction execution. Given that this is a dynamic environment, you must be adaptive in your approach and be able to work independently under limited supervision. A passion for real estate is a must!

Responsibilities

Financial Reporting & Month-End Close

• Prepare and review monthly and quarterly financial statements for U.S. property entities, with support to Canadian portfolio as needed, and consolidated holding companies.
• Perform month-end and year-end close procedures, including journal entries, accruals, bank reconciliations, and amortization schedules.
• Maintain and reconcile general ledger accounts for each entity; ensure all entries are accurate and supported by documentation.

Property-Level & Corporate Accounting

• Oversee property-level accounting for operating entities (e.g., rental revenue, CAM recoveries, utilities, property taxes, insurance).
• Track and reconcile capital expenditures, tenant improvements, and leasing commissions in accordance with investment models and budget forecasts.
• Prepare and monitor intercompany transactions and reconciliations across multiple entities and jurisdictions (Canada/US).

Tax Compliance & Regulatory Filings

• Coordinate with external tax advisors to prepare and file U.S. federal and state tax returns (e.g., 1065, 1120), Canadian corporate tax returns (T2), and non-resident reporting forms (e.g., NR4, W-8BEN-E).
• Ensure compliance with U.S. withholding tax obligations, including Forms 1099, 1042-S, and investor reporting as required under FATCA.
• Maintain appropriate documentation for tax positions and cross-border structuring (e.g., transfer pricing, withholding exemptions).

Audit & Investor Reporting

• Assist in the preparation of annual audit files, working papers, and supporting schedules for external auditors.
• Compile investor reporting packages, including quarterly capital account statements, IRR calculations, and fund-level financial reports.
• Prepare ad hoc reports and data requests from investors, lenders, and senior leadership.

Budgeting & Forecasting

• Work closely with asset managers and FP&A to support the annual budgeting and reforecasting process for each property and fund entity.
• Perform variance analysis between actual and budgeted results, identifying and explaining key drivers.

Process Improvement & Internal Controls

• Design and implement internal accounting policies and controls across the organization, ensuring consistency and compliance with industry standards.
• Recommend and lead system and process improvements, including automation of recurring accounting tasks and improved data flow from property management systems.

Support for Acquisitions, Dispositions, and Financing

• Assist in onboarding new acquisitions, including opening bank accounts, setting up accounting structures, and preparing initial balance sheet entries.
• Support acquisition due diligence by analyzing historical financials, leases, tax status, and operational costs.
• Coordinate with legal, treasury, and investment teams on purchase price allocations (PPAs), cost certifications, and debt servicing schedules.
• Provide support and mentorship to junior accounting staff and bookkeepers.
• Collaborate closely with the finance, legal, treasury, and asset management teams to ensure seamless integration and alignment of financial information.

What We’re Looking For:

• Minimum 3 years of relevant and progressive Accounting experience
• CPA designated is a must
• Must have industry experience, and previous experience in a public accounting firm would be an asset
• Comfortable in a multi-entity environment
• Full cycle accounting experience
• Experience with a wide range of technologies and the ability to learn new software quickly
• Knowledge of QuickBooks preferred
• Excellent attention to detail and time management skills
• Strong problem-solving abilities
• A demonstrated ability to collaborate with teams

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Accounting/Auditing

• Industries

  Real Estate and Financial Services

Referrals increase your chances of interviewing at Bluevale Capital Group by 2x

Inferred from the description for this job

New York City Metropolitan Area 1 day ago

New York, NY $95,000 - $100,000 17 hours ago

Brooklyn, NY $105,000 - $137,000 1 week ago

New York City Metropolitan Area 2 weeks ago

New York, NY $72,250 - $97,750 2 weeks ago

New York City Metropolitan Area 2 days ago

New York, NY $90,000 - $95,000 2 weeks ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.