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Accounting Manager - Real Estate

Full-time

Genuine Search Group

Our client, a fast-growing real estate owner/manager in Westchester, is seeking an Accounting Manager to oversee the day-to-day accounting operations for a portfolio of approximately 1,000 multifamily units. Our client can provide stability, a friendly and collaborative work environment, and growth potential to a Controller role.

Key Responsibilities

  • Oversee a team of 2 Accountants and lead hiring, expansion efforts
  • Manage full-cycle accounting for a portfolio of multifamily properties, including general ledger maintenance, journal entries, and account reconciliations
  • Prepare and review monthly, quarterly, and annual financial statements and supporting schedules
  • Lead the month-end close process, ensuring adherence to deadlines and accuracy of reporting
  • Reconcile bank accounts, operating accounts, and escrow accounts
  • Review accounts payable and accounts receivable activity, including rent rolls, tenant ledgers, and collections
  • Analyze variances between actual results and budget/forecast and provide explanations to management
  • Collaborate with property management teams to ensure accurate coding of expenses and proper financial reporting
  • Maintain and enforce internal controls, accounting policies, and procedures
  • Assist with preparation of budgets and reforecasts in coordination with asset management
  • Support year-end audits and tax preparation by providing requested documentation and schedules
  • Utilize Yardi for all accounting functions, reporting, and data integrity management
  • Identify opportunities for process improvements and increased efficiency

Qualifications

  • Bachelor’s degree in Accounting, Finance, or related field
  • Approximately 5+ years of accounting experience, preferably real estate audit and/or accounting
  • Proficiency in Yardi or a similar software
  • Solid understanding of real estate accounting principles
  • Experience with month-end close and financial statement preparation
  • Excellent communication skills and ability to work cross-functionally
Vacancy posted more than 2 months ago
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