Senior Real Estate Accountant – Construction & Development

Cobalt Recruitment; New York (NY); On-site; USD 90,000 - 130,000; Full time

Job summary

Queens-based global real estate developer is seeking a detail-oriented Senior Accountant to join its finance team. This role supports new development projects, enhances financial systems, and ensures accurate reporting for international ventures.

The Senior Accountant will manage GL, reconciliations, AP/AR, and provide analysis for budgeting and acquisitions, including construction draws and audits.

Qualifications

• 5+ years of accounting experience in real estate required.
• Bachelor’s degree in Accounting; Master’s preferred.
• CPA designation is a plus.

Responsibilities

• Prepare financial statements for a diverse real estate portfolio, including monthly/year-end closings.
• Support the Controller in financing new developments and documenting GAAP-compliant internal controls.
• Develop and tailor accounting/finance systems to meet evolving business needs.
• Oversee core accounting functions: general ledger, bank reconciliations, AP/AR, and documentation of transactions.
• Perform financial analyses on assets and liabilities; prepare income statements, balance sheets, and cash flow reports.
• Collaborate on construction accounting and manage draw requisitions for ongoing ground-up development projects.
• Coordinate with Property Management to analyze budgets, monitor spending, and assist with budget preparation.
• Conduct variance analysis, expense reviews, and acquisition feasibility assessments.
• Assist in year-end audits and tax return preparations; provide workpapers to external auditors.
• Deliver insights and financial recommendations to improve resource allocation and flag inefficiencies.

Skills

Analytical thinking

Communication

Time-management

Education

Bachelor’s degree in Accounting

Master’s degree preferred

CPA designation is a plus

Tools

Yardi

MRI

Timberline

JD Edwards

AvidXchange

Job description

Queens-based global real estate developer is seeking a detail-oriented Senior Accountant to join its finance team. This role supports new development projects, enhances financial systems, and ensures accurate reporting for international ventures.

The Senior Accountant will manage GL, reconciliations, AP/AR, and provide analysis for budgeting and acquisitions, including construction draws and audits.