Property Accounting Manager

MANAGER - PROPERTY ACCOUNTING

A growing Company is seeking an experienced accountant to handle all aspects of property management accounting. This is an entrepreneurial environment and the ability to multi-task, maintain attention to detail, and meet deadlines is essential. The position reports to the Senior Controller and requires in-office presence four (4) days per week. The office is located in New York City.

RESPONSIBILITIES :

• Prepare monthly/quarterly/annual financial reports for managed properties.
• Prepare and present quarterly/annual financial results to investors.
• Ensure all accounts payable and accounts receivable are completed in an accurate and timely manner.
• Monitor cash daily to ensure that all transactions are properly recorded and adequately funded for upcoming cash requirements.
• Prepare monthly bank reconciliations.
• Record monthly principal, escrow and interest payments based on loan statements and ensure that balances are reconciled.
• Prepare monthly tenant billings including preparation of true-up of CAM and real estate taxes.
• Monitor major recurring expenses such as payment of utilities and real estate taxes.
• Calculate monthly distributions and/or preferred return payments to investors.
• Assist with financial analysis for acquisitions, divestitures and refinancings.
• Assist with financial statement preparation and year-end audit and tax work papers for outside accountants.
• Prepare and file Real Property Income and Expense (“RPIE”) statements for NYC jurisdictions.
• Effectively communicate with other departments to ensure all accounting matters are properly addressed.
• Assist with special projects as needed.

REQUIREMENTS :

• 10+ years of accounting experience, preferably (but not required) in the real estate industry.
• Strong knowledge of Excel is required.
• Experience with Yardi is preferred but not required.
• Must be organized, hands-on and detail-oriented with strong interpersonal and communication skills.
• Ability to work cooperatively and collaboratively with all levels of employees, management, tenants and external vendors to maximize performance, creativity, problem solving and results.