Accounting Manager - Real Estate
Our client, a fast-growing real estate owner/manager in Westchester, is seeking an Accounting Manager to oversee the day-to-day accounting operations for a portfolio of approximately 1,000 multifamily units. Our client can provide stability, a friendly and collaborative work environment, and growth potential to a Controller role.
Key Responsibilities
- Oversee a team of 2 Accountants and lead hiring, expansion efforts
- Manage full-cycle accounting for a portfolio of multifamily properties, including general ledger maintenance, journal entries, and account reconciliations
- Prepare and review monthly, quarterly, and annual financial statements and supporting schedules
- Lead the month-end close process, ensuring adherence to deadlines and accuracy of reporting
- Reconcile bank accounts, operating accounts, and escrow accounts
- Review accounts payable and accounts receivable activity, including rent rolls, tenant ledgers, and collections
- Analyze variances between actual results and budget/forecast and provide explanations to management
- Collaborate with property management teams to ensure accurate coding of expenses and proper financial reporting
- Maintain and enforce internal controls, accounting policies, and procedures
- Assist with preparation of budgets and reforecasts in coordination with asset management
- Support year-end audits and tax preparation by providing requested documentation and schedules
- Utilize Yardi for all accounting functions, reporting, and data integrity management
- Identify opportunities for process improvements and increased efficiency
Qualifications
- Bachelor’s degree in Accounting, Finance, or related field
- Approximately 5+ years of accounting experience, preferably real estate audit and/or accounting
- Proficiency in Yardi or a similar software
- Solid understanding of real estate accounting principles
- Experience with month-end close and financial statement preparation
- Excellent communication skills and ability to work cross-functionally
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