Property Accountant

Overview

• Manage financial reporting and budgeting for assigned properties, ensuring compliance with accounting standards and organizational goals.
• Collaborate with property managers to analyze monthly financial results and address operational issues effectively.
• Prepare accurate financial reports, including balance sheets, income statements, and cash flow statements.
• Lead the budgeting process, ensuring timely completion and alignment with organizational objectives.
• Coordinate year-end audits, preparing necessary documentation and supporting external auditors.
• Ensure compliance with NYC real estate tax filing requirements, including RPIE and tax challenge forms.
• Support operational efficiency by performing administrative and accounting tasks as needed.
• Contribute to a collaborative and productive work environment within the accounting team.

Key Responsibilities & Duties

• Prepare and review financial reports, ensuring accuracy and compliance with GAAP and tax basis standards.
• Review and approve accounts payable coding for assigned properties, ensuring proper allocation.
• Collaborate with property managers to address financial and operational challenges.
• Lead and manage the budgeting process, tracking deliverables and ensuring timely completion.
• Coordinate year-end audits, preparing work papers and reviewing draft financial statements.
• Prepare NYC filing requirements, including real estate tax challenges and RPIE forms.
• Perform additional administrative and accounting tasks to support departmental operations.
• Maintain effective communication with stakeholders to ensure smooth operations.

Job Requirements

• Bachelor’s degree in Accounting is required; CPA certification is preferred.
• Minimum 3-5 years of experience as a Property Accountant, with expertise in financial reporting.
• Proficiency in Microsoft Office Suite, Outlook, and MRI software is essential.
• Strong analytical and financial modeling skills to support decision-making processes.
• Excellent written and verbal communication skills, with strong organizational abilities.
• Ability to work effectively in a hybrid work environment, balancing on-site and remote responsibilities.
• Knowledge of NYC real estate tax filing requirements and related forms is advantageous.
• Commitment to maintaining high-quality standards and contributing to team success.