What are the responsibilities and job description for the Junior Accountant position at Vornado Realty Trust?
General Purpose/Summary of Job:
Vornado Realty Trust (NYSE: VNO) is an equity Real Estate Investment Trust (REIT) with over 30 million square feet of office and retail properties under management. With portfolio concentration in New York City, Vornado also owns premier assets of theMART in Chicago and the 555 California Street complex in San Francisco. Vornado’s reputation in the industry is one of unmatched quality and integrity. For more than ten years, Vornado has been a leader in environmental sustainability among REITs and large commercial landlords in New York.
Vornado’s BMS team is seeking a Junior Accountant to work in Paramus, NJ. The Junior Accountant will assist in maintaining financial records and ensuring compliance with accounting standards. This entry-level position is ideal for recent graduates or individuals with a foundational understanding of accounting principles who are looking to grow their careers in finance.
Essential Duties and Responsibilities:
- Assist in monitoring daily cash positions and cash flow forecasts.
- Support the processing of treasury transactions, including wire transfers and payment approvals.
- Maintain accurate records of cash management activities and financial instruments.
- Prepare cash management reports.
- Participate in the analysis of financial risks and liquidity management strategies.
- Support compliance with treasury policies and procedures.
- Collaborate with finance and accounting team to ensure accurate financial reporting.
- Prepare reconciliations for various Vornado properties including journal entries to record tenant payroll, overhead and rent adjustments.
- Prepare journal entries monthly for depreciation, amortization, supply reclasses and various accruals and re-classes.
- Maintain depreciation and amortization schedules.
- Monitor inventories including analyzing variances and preparing adjusting je’s.
- Analyze variance report for Vornado day and night staff payroll.
- Verify coding of union benefits on a monthly and quarterly basis
- G/L coding of various A/P invoices including ADP bills.
- Assist in monthly financial reporting process.
Education/Experience Required:
Bachelor’s degree in finance, Accounting, or a related field preferred.
Skills/Requirements:
- Experience in accounting, including journal entries and variance analysis.
- Solid computer skills including working knowledge of Microsoft Excel and experience with some type of accounting software.
- Excellent attendance and punctuality; must be professional, dependable, and work well with others.
- Ability to multi-task while exhibiting good judgment and poise in a fast-paced environment with monthly deadlines.
- Strong organizational skills.
- Detailed-oriented with strong analytical skills.
- Excellent communication and interpersonal skills.
- Ability to prioritize and work with minimal supervision.
Vornado Realty Trust is not offering relocation for this position located in our Paramus NJ office.
Vornado Realty Trust is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard for race, religion, color, national origin, sex, age, status as a protected veteran, among other things, or status as a qualified individual with disability.
