Finance Manager

Job Description

Job Description

Position: Finance Manager

Location: Great Neck, NY (Fully In-Office)

Salary: $120k – $140k

 

Growing Residential Real Estate Organization Seeks A New Finance Manager to Join Their Team

Responsibilities

· Oversee financial planning, reporting, investment analysis, accounting operations, and project-level financial management across the company’s real estate portfolio and development projects.

· Responsible for budgeting, forecasting, capital planning, financial reporting, construction project accounting, and operational performance monitoring, while supporting executive leadership with strategic financial insights and decision-making support.

· Lead the preparation and management of corporate budgets, financial plans, and cash flow projections.

· Develop financial forecasts and monitor company-wide financial performance.

· Manage project budgets, timelines, and long-term financial projections for development projects.

· Allocate budgets across real estate functions including research, appraisal, development, marketing, and sales.

· Lead budgeting and forecasting processes for stabilized properties and active construction projects, including annual operating budgets, reforecasts, sensitivity analyses, and long-term investment modeling to support strategic decision-making and capital planning.

· Prepare and consolidate financial statements in compliance with regulatory and industry standards.

· Establish and maintain internal financial controls, accounting procedures, and audit systems.

· Perform detailed monthly and quarterly review and analysis of property-level financials, including variance analysis against budget and prior periods, cash flow tracking, and operating performance metrics.

· Prepare and post complex journal entries related to revenue recognition, intercompany allocations, depreciation, lease accounting and capital expenditures.

· Oversee and review monthly bank reconciliations across numerous operating, escrow, and construction accounts, ensuring accuracy and timely resolution of discrepancies.

· Navigate and maintain organizational structure in a complex, multi-entity environment including preparation of intercompany entries, eliminations, and reconciliations.

· Conduct and oversee financial modeling and investment analysis for real estate projects.

· Evaluate project feasibility, return projections, and risk exposure.

· Support financing activities including lender reporting and capital planning.

· Monitor project cash flow, capital deployment, and overall investment performance.

· Assist and coordinate 1031 Like-Kind Exchange transactions for property acquisitions and dispositions, including timeline management, coordination with qualified intermediaries, tracking exchange proceeds, and supporting tax advisors with reporting requirements.

· Oversee accounting operations, treasury management & financial reporting processes.

· Manage Audit & Tax Planning, tax compliance coordinating with external partners, lenders & financial institutions.

 

Requirements:

· Bachelor’s degree in Accounting or Finance preferred

· CPA, MBA or CTP designation a plus.

· 5+ years of real estate finance experience (preferably in construction, engineering/development) required

· 3+ years with QuickBooks Desktop or Online software a plus!

· Bilingual (Mandarin/Chinese) highly desired