Real Estate Accountant - New York, United States - The Mom Project

The Mom Project

Verified Company

New York, United States

2 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

We are seeking a
Lead Real Estate Accountant on a _
contract basis _to support our Customer's business needs. This role is
a hybrid setup with 3 days remote and 2 days onsite at our Customer's NYC office.
This role will maintain property accounting books for 3 properties. Bulk of work is on month and quarter ends. Booking, journal entries.

What You'll Do:

Assist in coordinating financial reporting and performing analytical review of property owner entities
Produce financial reporting packages and other required financial information and analytics for property related entities, including workpapers for balance sheet general ledger accounts on a monthly or quarterly basis
Work with client's auditors for interim and year end audits; draft annual audit report
Compile, analyze, and track financial data, performing detailed review of monthly reports
Prepare monthly bank reconciliations, review cash balances, prepare capital calls or loan draws, prepare distribution waterfalls, manage cash security deposits, and ensure fees payable are accurately calculated and paid timely
Review lease abstracts and lease recurring charge set up. Prepare CAM calculation for income budgeting/billing estimates and annual true ups

Must-haves:

-
A Bachelor's degree in Accounting, Finance, or related field:

5 years of related work experience:

-
Property/real estate accounting experience:

Experience with straight lining, depreciation schedules, accruals, escalations schedules, budgets
Proven knowledge of
Generally Accepted Accounting Principles (GAAP) and
Financial Accounting Standards Board (FASB) regulations including an understanding of financial terms and principles to include accounting methods: cash, accrual, and fair value

-
AX, D365 (nice to have)

Pay:
Up to $44.39 per hour

Expected hours: 40 per week

Experience level: