What are the responsibilities and job description for the Real Estate Specialist position at TRD Advisors LLC?
Company Overview
Our Client, a leading private real estate development, investment, and management firm headquartered in Yonkers, New York, is looking for Accountants to join their growing finance team. This client has a portfolio across the USA that includes hotels, multifamily apartments, retail centers, office buildings and ground-up developments. The firm is in an extremely strong position for the next cycle and has been operating for over 70 years.
Role Overview
The Senior Accountant will be responsible for an assigned portfolio of properties/entities. The Senior Accountant will report to the firm’s Controller and Accounting Manager. We are looking for a hands-on, detailed oriented individual who will be able to analyze and account for a portfolio of commercial, hospitality, development and residential properties at various levels.
This position requires a hands-on self-starter with the ability to take initiative and solve problems. The office is located in Westchester, NY, with easy access off major highways.
Specific responsibilities include:
- Manage the full-cycle accounting process for a portfolio of properties, including monthly, quarterly, and annual financial close processes.
- Prepare monthly journal entries for tax and GAAP purposes
- Prepare monthly financial statements including, income statement, balance sheet and cash flow statement
- Prepare monthly variances as it relates to actual versus budget and prior periods
- Coordinate with property managers and other stakeholders to ensure accurate and timely financial reporting.
- Analyze tenant billing for real estate tax escalations and common area maintenance charges
- Coordinate with lenders on reserve draws and fundings
- Prepare workpapers for submission to outside accounting firm
- Review trial balances and supporting schedules received from third party managers for accuracy
- Review all balance sheet accounts for accuracy on a monthly basis
- Prepare or review monthly bank reconciliations
- Update fixed asset schedules and record monthly depreciation and amortization
- Develop annual budgets and reforecasts in conjunction with property management and lease administration
Qualifications
- Strong work ethic must be able to see projects through to completion, self-motivated, resourceful and proactive
- Strong analytical ability and ability to think critically
- Strong computer skills including Excel (ability to create formulas in excel)
- Ability to learn new computer software quickly
- Strong communication and organization skills
- Ability to work independently, effectively prioritize, and multi-task under pressure
- Strong understanding of how the three financial statements link together, ability to go from tax basis to accrual basis
- Experience in a public accounting setting as an auditor preferred
- Existing knowledge of MRI preferred
- BS in Accounting from an accredited university/college
- Minimum of 4 Years accounting experience - open to all levels of experience greater than 4 years
- Strong attention to detail, must take pride in delivering quality work product
Compensation
Competitive compensation package based on experience. Excellent benefits and 401k with company match. Hybrid working arrangement available.