Senior Accountant, Commercial

Job Description

Job Description

Overview

Formed in 1972, Related is the most prominent privately-owned real estate firm in the United States. Headquartered in New York City, the company has offices and major developments across the world. Related owns and manages a premier portfolio of assets valued at over $70 billion, including the 28-acre Hudson Yards neighborhood on Manhattan’s West Side.

Related believes in investing in its talent and cultivates a positive, team-oriented environment where every voice is valued. Employees are encouraged to boldly take on new challenges, transcend the status quo, and demonstrate strong entrepreneurial spirit. In its relentless commitment to excellence, Related works to foster an innovative approach in its team members so that they can positively impact the communities in which they conduct business. Learn more about Related at

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Responsibilities

The Senior Accountant role will work within the Commercial Accounting group. The Commercial Accounting group is responsible for the daily accounting operations of our commercial portfolio covering retail, office, condominium, restaurant and experiences areas. The group’s responsibilities include internal and external management reporting, debt and partner compliance as well as interacting with the operations team, lease administration, treasury and information technology.

The Senior Accountant will be responsible for financial reporting, daily and period end accounting activities, performing general ledger financial analysis, cash management, cash flow analysis, account reconciliations, preparing annual year-end projections, and analyzing monthly and year-to date budget variances for Hudson Yards and other projects within Related’s portfolio. This position also involves collaboration with the finance team and senior leaders to produce a variety of high quality, monthly and quarterly reports that are used companywide for reporting, analysis and planning. The ideal candidate is a highly entrepreneurial and self-motivated person who thrives in a dynamic work environment and demonstrates a flexible and adaptable work style that responds quickly and efficiently under tight deadlines. The Senior Accountant will report to the Controller and will be based in our New York office.

• Assist in the daily accounting for the various activities and transactions
• Review and analyze the general ledger, financial statements and prepare appropriate accrual and adjusting journal entries in accordance with GAAP
• Prepare monthly bank reconciliations
• Prepare financial statement analysis for management and partners
• Collaborate with controller and business executives on monthly cash flow forecasting
• Prepare detailed monthly, quarterly and year-end work paper packages from posted journal entries and general ledger analysis
• Assist in the preparation of monthly investor/lender reporting packages
• Assist in the preparation of annual audited financial statements on GAAP and tax basis
• Assist with preparation of yearly budgets and quarterly forecasting
• Create reporting templates, formulate analysis using applications such as Excel, and JD Edwards and participate in various business process/technology integration initiatives
• Assist with special projects, as needed

Compensation

The anticipated base salary range for this position is listed below. In addition to a competitive base salary, you will be eligible to receive discretionary bonus incentives and a comprehensive benefits package.

Anticipated base salary range: $80,000 - $110,000

Actual base salary within the anticipated range will be determined by several components including but not limited to the individual's experience, skills, qualifications, and market factors.

Qualifications

• Bachelor’s degree in Accounting
• 2+ years of real estate experience, CPA preferred
• Public accounting experience preferred
• Strong knowledge of GAAP/accounting theory
• Excellent written and communication skills
• Strong analytical ability
• Mature professional with sound judgment and interpersonal skills
• Proficiency with standard suite of Microsoft Office applications, especially Excel
• Knowledge of JDE a plus
• Ability to handle multiple tasks and work independently with attention to details