Family Office Senior Accountant

A family-owned and operated commercial real estate investment and development firm based in New York City is seeking a Senior Accountant to support the Controller and contribute to the continued build-out of the firm’s finance and accounting function. The family has a long track record of entrepreneurial success across real estate, operating companies, and private equity investments nationwide.

This dynamic, growing real estate investment firm manages a portfolio of existing commercial real estate across various asset classes—multi-family, office, retail and industrial—as well as future real estate and real estate-adjacent business opportunities. The office is responsible for actively managing the family’s commercial real estate portfolio, as well as underwriting and identifying acquisition opportunities. The office is a collaborative environment where individuals wear multiple hats, are highly adaptable, and are passionate about building businesses, often requiring a willingness to take on diverse responsibilities and contribute to the overall vision beyond just their specific role.

This role is ideal for a technically strong and highly organized accounting professional with experience in commercial real estate and property accounting. Reporting directly to the Controller, the Senior Accountant will play a hands-on role in supporting the accounting and financial operations across a diverse portfolio of commercial real estate assets and affiliated entities. The position will be responsible for property-level accounting, financial reporting, treasury support, systems optimization, and the continued development of scalable accounting processes as the organization grows. The ideal candidate embraces automation and emerging AI-powered tools to improve efficiency, enhance data accuracy, and strengthen financial reporting.

Key Responsibilities

Financial Reporting & Accounting

• Support accounting and reporting across corporate, real estate, and personal entities
• Perform monthly bank reconciliations, journal entries, accruals, and account reconciliations
• Monitor and reconcile intercompany activity between ownership entities, management companies, and affiliated businesses
• Support monthly, quarterly, and annual close processes
• Assist in the preparation of monthly financial statements for multiple entities including corporate entities, real estate entities and personal entities
• Prepare consolidated financial reporting packages for principals, including cash flow analyses and net worth statements

Property & Portfolio Support

• Coordinate with third-party property managers to review monthly reporting packages, resolve accounting discrepancies, and ensure consistency in financial reporting
• Review and validate property-level financial statements prepared by the property management accountants across a portfolio of commercial real estate assets in Yardi, questioning discrepancies and ensuring accuracy before finalization
• Support cash flow forecasting and liquidity reporting across the real estate portfolio
• Review and approve distribution calculations prepared by the property management accountants
• Review lender reporting packages prepared by the property management accountants and support ongoing loan covenant compliance and financing requirements

Treasury & Payables

• Oversee the personal and entity bill pay process in partnership with the internal team, ensuring timely processing, appropriate approvals, and adherence to established controls
• Assist with the tracking, reconciliation, and accounting for personal and entity bill payments, ensuring transactions are accurately recorded and properly allocated
• Maintain segregation of duties in the bill pay process by serving as reviewer and oversight
• Monitor cash activity and support liquidity management, including short and long-term cash flow forecasting
• Support treasury operations by monitoring and communicating funding needs for investments, capital commitments, and family expenditures
• Coordinate with banks and third-party service providers as needed

Tax & Audit Support

• Prepare and organize tax-ready documentation, including workpapers and supporting schedules
• Maintain organized documentation of entity details, entity structures, and supporting organizational documents

Systems & Process Support

• Assist in the implementation, optimization, and ongoing administration of Yardi and other accounting and reporting systems
• Participate in system conversions, data validation, chart of accounts design, testing, and user training as needed
• Identify opportunities to automate accounting processes and improve reporting efficiency
• Evaluate opportunities to leverage AI tools and emerging technologies to streamline recurring accounting tasks, improve reporting workflows, and support scalable processes
• Design and maintain standardized folder structures for accounting and finance documentation by entity, property, year, month, and function
• Coordinate with the Controller to ensure documentation standards align with internal controls and audit readiness

Qualifications:

• Bachelor's degree in Accounting, Finance, or related field required
• 4–7 years of progressive accounting experience within commercial real estate investment, development, or property management
• Strong experience with commercial real estate and property accounting, including multi-entity financial reporting and property-level accounting
• Proficiency with Yardi required
• Experience participating in the implementation, migration, or optimization of Yardi or another real estate ERP/accounting platform strongly preferred
• Experience working with a family-owned business, family office, or entrepreneurial real estate investment firm preferred
• Strong understanding of GAAP, real estate accounting principles, financial reporting, and internal controls
• Experience preparing property financial statements, reconciliations, budgets, cash flow reporting, and lender reporting
• Demonstrated ability to apply logical thinking to define problems, collect pertinent data, establish facts, draw valid conclusions, and recommend appropriate solutions
• Excellent verbal and written communication skills with the ability to collaborate effectively with principals, external advisors, property managers, lenders, and the broader team
• Highly organized with exceptional attention to detail and the ability to manage multiple entities and competing priorities
• Proactive, resourceful, and committed to continuous process improvement
• Advanced proficiency in Microsoft Excel and the Microsoft Office Suite
• Familiarity with AI tools, automation, and emerging technologies is preferred, particularly where they can be used to improve accounting workflows, reporting efficiency, and scalability
• CPA designation preferred

Compensation: $125,000 – $150,000 per year, dependent on experience, plus comprehensive benefits

This is a full-time, in-person role based in New York City. The position offers the opportunity to work closely with experienced leadership, gain exposure to a broad real estate portfolio, and contribute meaningfully to the continued growth of a multi-generational enterprise.