Property Accountant

Overview

• Manage accounts payable and receivable operations for commercial real estate properties, ensuring accuracy and compliance with regulations.
• Oversee staff performance, conduct employee reviews, and provide backup support as needed.
• Assist in hiring, termination, and training processes to maintain a skilled team.
• Handle tenant correspondence, billing issues, and account balance reconciliations.
• Ensure compliance with NYC rent regulations and manage security reconciliations.
• Support new acquisitions by abstracting and entering lease agreements and transferring contracts.
• Prepare month-end reports and respond to accountant requests for year-end processes.
• Utilize software tools for efficient management of financial operations and reporting.

Key Responsibilities & Duties

• Review and manage accounts receivable processes, including tenant billing and lease management.
• Oversee accounts payable operations, including tax filings and payment processing.
• Ensure accurate reconciliation of online rent portals and bank transactions.
• Manage CAM and real estate tax billing processes for commercial properties.
• Implement NYC rent regulations and storefront registry requirements.
• Conduct security reconciliations and manage tenant correspondence regarding financial matters.
• Prepare and review month-end financial reports and ensure compliance with year-end accounting requirements.
• Provide managerial oversight to a team of employees, ensuring productivity and adherence to company standards.

Job Requirements

• Bachelor of Science in Business Administration (BSBA) or equivalent degree required.
• Minimum of five years of experience in accounts payable and receivable operations.
• Proficiency in Excel and Word, with knowledge of Yardi software preferred.
• Managerial experience overseeing a team of employees is essential.
• Strong attention to detail and ability to manage complex financial processes.
• Knowledge of commercial real estate property management and NYC rent regulations.
• Ability to handle tenant correspondence and resolve billing issues effectively.
• Discretionary bonus eligibility and comprehensive benefits package offered.