Senior Property Accountant

Why DLC?
DLC is proud to be certified as a Great Place to Work and is driven by a strong culture and entrepreneurial foundation. DLC is one of the nation's leading owners and operators of open-air retail shopping centers and has expertise in all facets of commercial real estate. At DLC, our teammates make all the difference and we offer industry-leading training and career development to assure your success.

What We Offer:

• Compensation and Benefits:
  • Competitive pay
  • 401K company match
  • Medical, Dental, and Vision Insurance
• Work-Life Balance:
  • Hybrid work model
  • 20+ paid days off annually
  • 13+ paid holidays in addition to PTO
  • Paid parental leave
• Career Development:
  • Industry-leading training and development
  • Open door policy
  • Industry trade shows and event access
  • Mentorship program

About the Role:
The DLC Accounting team is seeking a Senior Property Accountant to join our headquarters in Elmsford, New York, operating on a hybrid schedule. This role will report directly to the Property Accounting Supervisor or Manager and will be responsible for overseeing the accounting, financial reporting, and financial analysis for an assigned portfolio of properties, while also providing broader business support to the organization.

The Senior Property Accountant will collaborate closely with members of the accounting team, as well as Asset Management, Property Management, and our joint venture partners, to ensure accurate reporting, strong financial controls, and actionable financial insights that support operational and strategic decision-making.

Responsibilities:

• Prepare monthly GAAP-based financial statements and tax reporting packages, including detailed actual-to-budget variance analysis for senior management.
• Produce comprehensive monthly property financial reports and supporting workpapers incorporating data from Legal, Construction, and Operations teams.
• Monitor and ensure compliance with lender debt covenants and reporting requirements across assigned portfolio.
• Develop and manage weekly cash flow analyses to prioritize and authorize property-level payables.
• Perform monthly reconciliations of operating, mortgage, and escrow accounts to ensure accuracy and financial integrity.
• Maintain and reconcile general ledgers for assigned properties, ensuring timely and accurate financial reporting.
• Assist in the preparation and review of annual operating budgets and forecasts.
• Partner cross-functionally with Leasing Representatives and Property Managers to analyze performance and resolve financial matters.
• Coordinate with external auditors to support annual audits and tax return preparation.
• Serve as primary financial liaison between departments and regional offices, addressing inquiries and resolving discrepancies.
• Assist in the preparation of year-end CAM reconciliations and real estate tax escalation calculations, including tenant billings.
• Support special projects including acquisition due diligence, property onboarding and system implementation initiatives.

Soft Skills/Behaviors:

• Excellent oral and written communication skills to successfully engage with other departments to gather required information
• Organized and reliable with strong analytical skills and attention to detail
• Strong interpersonal and communication skills
• A "can-do" attitude and a desire to learn
• Thrives in a fast-paced environment with the ability to prioritize, multi-task and manage tight deadlines
• Aptitude to learn new systems quickly
• High attention to detail

Technical Skills:

• Bachelor's degree in Accounting.
• 3-5 years of accounting experience. Public accounting experience a plus.
• Minimum of 2-3 years of prior Real Estate industry experience.
• MRI or Yardi Experience is a plus.
• Strong excel skills is a MUST.

The expected salary range for this position is between $90,000 and $100,000. The actual compensation will be based on factors such as scope and responsibilities of the position, candidate's work experience, education/training, job-related skills, internal peer equity, market and business considerations and other factors permitted by law.

About DLC:
Founded in 1991, DLC has been one of the nation's preeminent owners, operators, and managers of shopping centers. Our portfolio includes millions of square feet of attractive retail space and continues to expand as we complete additional acquisitions.