Senior Property Accountant | Luxury Real Estate Developer | Residential, Commercial & Developme[...]

Advice Personnel; New York (NY); On-site; USD 110,000 - 135,000; Full time

Benefits offered by this job

401k

Health benefits

Flexible work-life balance

Job summary

A well-established real estate developer in New York is seeking a Senior Property Accountant to manage financials for their commercial and residential portfolio. This role involves preparing financial statements, month-end closing, and assisting with project accounting. The ideal candidate will have experience in property accounting and be proficient in tools like MRI or Yardi. Compensation ranges from $110k-$135k plus benefits and 401k.

Qualifications

• Experience in property accounting within commercial and/or residential real estate.
• Proficiency in Microsoft Excel and Word.
• Comfortable working in a collaborative, team-oriented environment.

Responsibilities

• Prepare and review property-level financial statements for a designated real estate portfolio.
• Supervise the day-to-day accounting and financial reporting associated with the portfolio.
• Support project budgeting and forecasting.

Skills

Property accounting experience

Effective communication skills

Organizational skills

Proficiency in Microsoft Excel

Team collaboration

Tools

MRI

Yardi

Job description

Senior Property Accountant | Luxury Real Estate Developer | Residential, Commercial & Development Projects

This is a newly created position with a well-established and growing real estate owner/developer focused on high-rise NYC buildings. Due to their strong pipeline of new development projects and existing portfolio of both commercial and residential assets, they are looking to add an additional member to the team to play a key role in the financial management of the portfolio. The Senior Accountant will have the opportunity to work closely with senior leadership, gain exposure across both property-level accounting and development activity, and be part of a collaborative, tight-knit team. It’s an ideal environment for someone seeking stability, strong work/life balance, and the chance to work on high-quality assets while broadening their experience into development and investment-related accounting.

Property Accounting Responsibilities:

• Prepare and review property-level financial statements for a designated real estate portfolio.
• Perform month-end close procedures and review of monthly reporting package.
• Prepare, review and analyze property level annual budgets.
• Prepare workpapers including accruals, prepaid insurance, real estate taxes, bad debt, fixed assets and participate in the annual audits.
• Record all journal entries and perform bank reconciliations.
• Supervise the day-to-day accounting and financial reporting associated with the portfolio.
• Assist with special projects as needed.

Project Accounting Responsibilities:

• Assist with ongoing accounting needs related to development and capital projects.
• Coordinate and process construction loan draws, ensuring proper tracking and general ledger posting.
• Handle project-specific accounts payable and receivable.
• Support project budgeting and forecasting, proactively monitoring costs and identifying potential variances or overruns.
• Track and manage all project-related expenditures, including subcontractor and vendor invoices, payment processing, and job cost analysis.

Experience:

• Experience in property accounting within commercial and/or residential real estate
• Exposure to construction, development, or capital projects is a plus
• Proficiency in Microsoft Excel and Word
• Experience with MRI or Yardi required
• Strong organizational skills with the ability to manage multiple priorities and deadlines
• Comfortable working in a collaborative, team-oriented environment

Compensation

$110k-$135k plus benefits, 401k and other perks! The above salary range represents Advice's good faith and reasonable estimate of the possible base compensation range at the time of posting and is not reflective of the total compensation package, which may also include benefits, equity and other non-cash incentives.