Senior Property Accountant

Search Masters, Inc.; New York (NY); On-site; USD 120,000 - 130,000; Full time

Job summary

An established industry player in real estate is on the lookout for a Senior Property Accountant to join their dynamic team in Manhattan. This role offers the opportunity to manage monthly reporting for a diverse portfolio, including shopping centers and office buildings. The ideal candidate will possess a strong background in real estate accounting, be detail-oriented, and thrive in both independent and collaborative settings. With a focus on proactive financial management, you will prepare budgets, oversee audits, and utilize advanced tools like Yardi Voyager. If you are ready to take your accounting career to the next level in a vibrant city, this position is perfect for you.

Qualifications

• Experience in property accounting with a focus on real estate.
• Knowledge of Yardi Voyager's financial reports and budgeting tools.

Responsibilities

• Prepare monthly reporting packages for various property types.
• Review and approve invoices and maintain accounting records.
• Prepare annual budgets and manage audits with external accountants.

Skills

Detail-oriented

Proactive

Real estate knowledge

Teamwork

Education

Bachelor's degree in Accounting or related field

Tools

Yardi Voyager

Excel

Job description

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

Base pay range

$120,000.00/yr - $130,000.00/yr

Senior Property Accountant Job Description

A New York owner-operator/developer seeks an experienced senior property accountant in the Manhattan office.

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

Monthly Responsibilities

• Responsible for the monthly reporting packages consisting of shopping centers, office buildings, development properties, garages, and retail spaces.
• Update the escrow balances and mortgage summary.
• Review cash flow and various management.
• Provide outside accountants with the statement of changes, and sources and uses.
• Reconcile tenant security accounts.
• Responsible for creating AP batches for the mortgages.
• Review and approve invoices.
• Review bank statements.
• Update the escrow and mortgage balances for Treasury.
• Maintain accounting records.
• Review distribution schedule provided by the Treasury Department.

Annual Responsibilities

• Prepare quarterly status reports with asset management.
• Prepare the annual budgets and 3-year projections with Property Managers and Lease Administrator for leasing assumptions and operating expenses.
• Review CAM reconciliations for budgets and year-end.
• Prepare year-end audit workpaper packages and deliver to auditors.
• Work with the auditors to complete the audited financials.
• Record journal entries for consolidated books at year-end.
• Update GAAP straight-line excel schedules for year-end.
• Update GAAP depreciation excel schedules for year-end.

Other Responsibilities

• Submit quarterly financials.
• Monitor progress of capital improvement budgets.
• Responsible for entering property tax bills in Yardi.
• Annual filing of Income and Expense forms.
• Prepare TC201/203’s and tax petitions with the outside accountants.

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

Seniority Level

Mid-Senior level

Employment Type

Full-time

Job Function

Accounting/Auditing

Industries

Real Estate and Accounting