What are the responsibilities and job description for the Senior Property Accountant - Remote position at Genuine Search Group?
Our client, a real estate investment firm with a large portfolio of luxury multifamily properties, is seeking a strong Senior Property Accountant. The position offers significant opportunity for growth and a largely remote work schedule (employees report to the office approximately once per month).
Responsibilities Include:
- Oversee accounting duties for a portfolio of multifamily properties in NYC and across the country
- Prepare accrual financials for assigned portfolio
- Analyze the general ledger for each property, prepare journal entries, calculate accruals and adjustments and maintain detailed workpaper files on a monthly basis
- Review results of operations and provide detailed explanations of variances
- Review invoices to ensure correct account coding and expense allocations
- Prepare reconciliations of all cash accounts, reserves and escrows
- Monitor cash balances and request capital funding, as needed
- Interact with asset managers, leasing agents, and property managers
- Assist in the resolution of tenant billing inquiries with accounts receivable and legal departments
- Ensure lender reporting compliance
- Respond to lender inquiries, as needed
- Compile financial information for analysts during debt refinances and/or sales of properties
- Prepare annual budget and reforecast
- Serve as the main contact for annual audits and tax return preparation
Requirements Include:
- Bachelor's Degree in Accounting
- Background in public accounting or private industry within the real estate industry
- Knowledge of Yardi, MRI or similar software is preferred
- Strong organizational and communication skills
Salary : $100,000 - $110,000
