SENIOR PROPERTY ACCOUNTANT

Howard-Sloan Search; New York (NY); On-site; USD 90,000 - 120,000; Full time

Job summary

An established industry player is seeking a detail-oriented Accounting professional with expertise in real estate. This full-time role involves managing monthly and annual financial reporting for diverse properties, preparing budgets, and ensuring compliance with GAAP standards. The ideal candidate will thrive in both independent and collaborative settings, utilizing advanced tools like Yardi Voyager to streamline financial processes. Join a dynamic team committed to excellence and make a significant impact in the real estate sector.

Qualifications

• Proven experience in accounting with a focus on real estate.
• Strong understanding of financial reporting and budgeting.

Responsibilities

• Responsible for monthly reporting packages for various properties.
• Prepare annual budgets and 3-year projections with managers.
• Submit quarterly financials to lenders and monitor budgets.

Skills

Detail-oriented

Proactive

Real estate knowledge

Ability to work independently

Team collaboration

Tools

Yardi Voyager

Job description

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This range is provided by Howard-Sloan Search. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

90,000.00 / yr - $120,000.00 / yr

Direct message the job poster from Howard-Sloan Search

We are seeking candidates who are detail-oriented, proactive in their responsibilities, and possess broad real estate knowledge of shopping centers, retail, and other asset types. Candidates need to be able to work independently and collaboratively within a team environment.

Monthly responsibilities

• Responsible for the monthly reporting packages for shopping centers, office buildings, development properties, garages, and retail spaces.
• Update escrow balances and mortgage summary reports.
• Review cash flow and various management reports.
• Provide outside accountants with statements of changes, and sources and uses files.
• Reconcile tenant security accounts and ledgers.
• Create AP batches for mortgages in Yardi.
• Review and approve invoices in Yardi.
• Review bank reconciliations.
• Update escrow and mortgage balances for the Treasury Department.
• Maintain accounting workpapers.
• Review distribution schedules provided by the Treasury Department and document variances.

Annual responsibilities

• Prepare quarterly status reports with asset managers.
• Prepare annual budgets and 3-year projections with Property Managers and Lease Administrators, including leasing assumptions and operating expenses.
• Review CAM reconciliations for budgets and year-end audits.
• Prepare year-end audit workpaper packages and coordinate with auditors.
• Assist in completing audited financial statements.
• Record journal entries for consolidated books at year-end.
• Update GAAP straight-line and depreciation schedules for year-end.

Other responsibilities

• Submit quarterly financials to lenders.
• Monitor progress of capital improvement budgets.
• Enter property tax bills in Yardi Payscan.
• File Income and Expense forms annually for municipalities.
• Prepare TC201 / 203 forms and tax petitions with outside counsel.

Required knowledge of Yardi Voyager’s Custom Financial Reports and Advanced Budgeting Tools.

Seniority level

• Not Applicable

Employment type

• Full-time

Job function

• Accounting / Auditing

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