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AVP, Property Accounting

LHH
New York, NY Full Time
POSTED ON 3/31/2025
AVAILABLE BEFORE 4/30/2025

We are seeking an AVP of Property Accounting to join our client's dynamic team. The ideal candidate should come out of a REIT and have commercial (office or retail) experience. Supervisory experience is also mandatory. Position is 5 days in office with 3 WFH days per month.


General Responsibilities:

  • Lead a team of property controllers for accurate and timely financial reporting.
  • Coordinate with various departments to ensure timely delivery of property accounting information.
  • Provide financial reporting support during due diligence for transactions.
  • Oversee implementation of IT and efficiency improvement projects.


Operational Responsibilities:

  • Manage the monthly close process and review journal entries.
  • Review quarterly work papers and annual financial statements.
  • Coordinate with external and internal auditors for annual audits and internal controls testing.
  • Facilitate preparation of annual operating budgets and long-term planning.
  • Oversee lender compliance and joint venture partner reporting.
  • Provide information for tax filing compliance.
  • Create accounting memos for complex issues.
  • Assist in learning and implementing new accounting processes.
  • Identify and implement process improvements.
  • Support technology implementations impacting property accounting.
  • Perform financial analyses for special projects.


Talent Responsibilities:

  • Oversee and review subordinates’ activities.
  • Provide regular feedback and help develop key skills.
  • Coach subordinates through challenging situations.
  • Provide input for annual performance appraisals.


Education & Experience:

  • Bachelor’s degree in Accounting or related field.
  • CPA designation preferred.
  • Minimum 8 years of accounting experience, preferably in real estate.
  • Experience leading a property accounting team.
  • Proven success in managing and developing staff.


Essential Skills & Qualifications:

  • Advanced understanding of accounting principles and real estate accounting requirements.
  • Strong knowledge of US GAAP and SEC financial reporting.
  • Excellent organizational, coordination, and problem-solving skills.
  • Ability to meet strict deadlines and manage others to do so.
  • Strong communication and interpersonal skills.
  • Proficient in financial systems and MS Excel; commercial real estate software preferred.


Internal & External Contacts:

  • Regularly interface with Finance and Accounting team, Asset Management, Property Management, Leasing, Tax, Internal Audit, HR, and external auditors.

Salary : $155,000 - $185,000

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