Top-performing, vertically integrated real estate investment manager Is seeking a Senior Development Accountant to join their fast-paced New York team. This role will work in a collaborative environment that values dedication and innovation and will be essential in managing accounting operations and building strong relationships with internal teams and external property managers.

Hybrid-Remote

Responsibilities

• Assist with day-to-day financial operations for the Property Development and Management Teams.
• Performance of the property accounting functions for a portfolio of properties (detailed functions are included below).
• Collaborate with internal and external property managers including detailed review of their work (detailed functions are included below).
• Monthly, quarterly, and annual financial reporting.
• Monthly loan draw preparation and compliance reporting.
• Manage new acquisition onboarding including preparing opening entries.
• Prepare property sale entries, and prorations and work with attorneys/title companies throughout the closing process.
• Perform variance analyses and provide comments.
• Sales & local transfer tax and franchise tax calculations.
• Review bank reconciliations.
• CAM reconciliations.
• Reconciliation of tenant accounts as necessary.
• Assist in the preparation of annual budgets.
• Review property management fee calculations.
• Review lease agreement setup, review, and maintenance in Yardi.
• Help manage annual audits.
• Assist with special projects related to the monthly close reporting process, budgets, internal audit, external audit, and investor and lender requirements.

Qualifications

• Bachelor’s degree in accounting or finance
• 5+ years of experience in property development (job costs) and operations accounting.

   

• Proficiency with Yardi preferred.
• Understanding of lease agreements and lease terms.
• Strong Excel skills preferred.
• Ability to learn employer-specific web-based software programs.
• Supervisory experience preferred.
• Strong organizational skills and time management skills
• Ability to multitask, prioritize, and organize
• Exercise a high degree of independent judgment and problem-solving skills
• Strong communication skills, both oral and written.
• Ability to maintain confidentiality
• Interact with employees, visitors, and contractors with poise and diplomacy
• Exchange ideas, information, and opinions with others to formulate policies and programs
• Perform numerical and financial calculations
• Analyze and interpret various types of data to formulate policies and solve problems.

Posted On: Friday, December 13, 2024
Compensation: $130k-$140k + Bonus