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Property Accountant

New York, NY 10119

Posted: 12/12/2018 Industry: Property Accountant Job Number: 3715 Pay Rate: 82,500

Property Accountant - Long Island

Our client is looking for a Property Accountant  for its Long Island office.

Reporting to the Co-Director of Property Accounting, the Property Accountant will accurately prepare and report all monthly financial information as required.

RESPONSIBILITIES:
  • Maintain accounting records and general ledger for all accounts
  • Create property operating reports, variance analysis and capital tracking schedules
  • Calculate depreciation/amortization and straight-line rents
  • Create monthly reporting packages that are sent to lenders and joint venture partners
  • Maintain work papers to be used in conjunction with audits
  • Prepare real estate tax, operating expense and other escalation billings for tenants
  • Work with independent auditors in conjunction with tenant escalation audits
  • Participate in the integration of all accounting related activities on property acquisitions
  • Work with the Asset Managers and other interested parties to coordinate the creation and flow of financial data, budgets and reforecasts
  • Review and analyze tenant leases
  • Other tasks and responsibilities as assigned to maintain accurate and efficient workflow and reporting

REQUIREMENTS:
  • Bachelor' s degree in Accounting
  • A minimum of 3-5 years' experience in a real estate operating company
  • Working knowledge of GAAP accounting with respect to commercial real estate (office) properties
  • Working knowledge of tenant escalation billings
  • Proficient in Microsoft Excel
  • Experience with Yardi a plus
  • Knowledge of A/P and A/R
  • Strong organizational skills, problem solving skills as well as oral/written communication skills

David Rosenblatt

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