Senior Accountant
New York, New York • $150,000-$200,000
About the Company:
Our client is a private real estate development and management company that focuses on residential and commercial projects in NYC. They are seeking a Senior Accountant who will perform various Real Estate Accounting functions for the firm.
Responsibilities:
- Managing the overall accounting process and its portfolio of multi-family and mixed-use real estate development projects
- Overseeing the cash management and accounts payable functions for various operating entities
- Coordinating the processing of all monthly draw submissions and the disbursements to contractors and suppliers
- Recording and maintaining the general ledgers for the various operating entities, including bank reconciliations, accruals, and journal entries
- Processing wires, cashier’s checks, and intercompany transfers as needed
- Timely preparation, review, and distribution of all monthly financial reporting packages
- Assisting with closings, acquisitions, refinancing, and dispositions
- Maintaining investor capital accounts
- Preparing waterfall calculation schedules
- Providing ad hoc reporting as required on the operating entities and development projects
Requirements:
- Bachelor’s degree in accounting, finance, or real estate preferred
- 7-10 years of relevant work experience at an accounting firm, real estate company or financial institution
- Knowledge of construction accounting principles
- Knowledge of joint venture accounting
- Experience in processing monthly draws for real estate development projects
- Advanced working knowledge of MS Excel, QuickBooks, and accounts payable software
Salary Range:
$150,000-$200,000
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