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Finance Manager

$120k - $140k

Addition Management

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
Vacancy posted 2 days ago
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