New York, New York Sr. Property Accountant
Job Title: Senior Property Accountant
Location: Brooklyn, NY
Position Type: Full-Time
About Us: We are a leading real estate management company. We are committed to delivering exceptional service and value to our clients and investors. Our team is dedicated to maintaining the financial health and performance of our real estate portfolio.
Job Description: We are seeking a highly experienced and detail-oriented Senior Property Accountant with expertise in Yardi Software and a strong background in real estate accounting. The Senior Property Accountant will play a critical role in managing and optimizing the financial operations of our real estate portfolio. This position offers an excellent opportunity for a professional with a deep understanding of Yardi Software and a passion for real estate accounting.
- Financial Reporting: Prepare and analyze financial reports, including income statements, balance sheets, and cash flow statements for assigned properties. Ensure accuracy and compliance with accounting standards and company policies.
- Yardi Software Expertise: Utilize Yardi Software to maintain property records, process transactions, and reconcile accounts. Troubleshoot software-related issues and contribute to process improvements.
- General Ledger Maintenance: Maintain and reconcile property general ledgers, including posting journal entries, accruals, and ensuring proper documentation.
- Accounts Payable and Receivable: Manage accounts payable and accounts receivable processes for assigned properties. Review invoices, process payments, and monitor collections.
- Budgeting and Forecasting: Collaborate with property managers to develop and maintain property budgets and financial forecasts. Analyze budget-to-actual variances and provide recommendations for cost-saving measures.
- Bank Reconciliation: Perform monthly bank reconciliations and resolve discrepancies in a timely manner.
- Tax Compliance: Assist in the preparation of property tax filings and coordinate with external auditors during the annual audit process.
- Financial Analysis: Provide insightful financial analysis and reporting to support decision-making and strategic planning.
- Compliance: Ensure compliance with industry regulations and internal policies.
- Team Collaboration: Collaborate with cross-functional teams, including property management, leasing, and operations, to achieve financial and operational goals.
- Bachelor’s degree in Accounting, Finance, or related field.
- Minimum of 7 years of experience in real estate accounting, with a strong background in property accounting.
- Proficiency in Yardi Software is essential.
- Strong knowledge of Generally Accepted Accounting Principles (GAAP).
- Excellent analytical and problem-solving skills.
- Detail-oriented with a commitment to accuracy and integrity in financial reporting.
- Effective communication and interpersonal skills.
- Ability to work independently and as part of a team.
- Strong organizational and time management skills.
- Knowledge of real estate tax regulations and compliance is a plus.