Senior Property Accountant

Our SelectLeaders' client is a privately held developer, manager and owner of commercial real estate with over four decades of experience within all asset classes. Since inception, the firm's disciplined investment approach has produced a successful track record developing and investing in commercial real estate throughout the United States.They are looking for an experienced Senior Property Accountant for a full-time position in our midtown Manhattan office. Applicant must have experience in real estate industry, an eye for detail, and excellent analytic and communication skills.This position is 5 days in the office with an option to work 1 day remote a month.Responsibilities:Responsible for the monthly reporting packages consisting of shopping centers, office building, development properties, garages and retail spaces. Update the escrow balances and mortgage summary reports.Review cash flow and various management reports. Provide outside accountants with the statement of changes, and sources and uses files. Reconcile tenant security accounts and ledgers. Responsible for creating AP batches for the mortgages in Yardi. Review and approve invoices in Yardi. Review bank reconciliations. Update the escrow and mortgage balances for Treasury Department. Maintain accounting workpapers. Review distribution schedule provided by Treasury Department and document variances.Prepare quarterly status reports with asset managers. 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 audits. Prepare year end audit workpaper packages and deliver to auditors. Work with the auditors to complete the audited financial statements. 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.Job Requirements:Required knowledge of Yardi Voyager's Custom Financial Reports and Advanced Budgeting ToolsExperience within the commercial and retail segments of the real estate industry.Must have strong organizational skills with attention to detail.Must be able to work independently and in a collaborative environment.Ability to multi-task and meet required deadlines in a fast-paced environment.Salary: $100-115k

Created: 2025-01-14