Senior Accountant, Residential

Responsibilities:

Reports to the Portfolio Controller.

Though based in our 410 10th Avenue, Manhattan office, the position has the flexibility to allow the employee to work from home most days.

Directly responsible for all accounting and reporting functions for a residential portfolio consisting of 15-18 entities. Portfolio type varies by group and can consist of Affordable Housing, Luxury Rental and Luxury Condo.

Works closely with Related Management Company personnel who operate the sites to ensure proper reporting to business owners, external partners, lenders and agencies.

Interacts with other accounting and support departments to expedite the flow of information as required.

Complete and review the monthly close for each assigned entity and prepare required financial reports to the lenders, investors, owners and managers.

Complete and review the annual close and support the yearend audit process, working closely with the independent auditors.

Maintain general ledgers, reconcile accounts and make required adjustments when necessary.

Prepare and maintain a comprehensive work paper package to support the balance sheet and major income statement accounts.

Perform recurring financial analysis and analytical procedures in the evaluation of property performance and discuss same with management and owners.

Assist in preparation of a property’s annual operating budget.

Support the onsite Property Managers and other site personnel in all aspects of financial reporting.

Assist the Controller with the various reporting to Regulatory Agencies.

Identify weaknesses and or inconsistencies in the accounting system and recommend and implement improvements/changes.

Read and understand loan documents, partnership agreements, regulatory agreements, and closing statements.

Work with Controllers to record more complex transactions such as acquisitions and dispositions.

Perform such other tasks as may be required from time to time.

Compensation

$80,000 - $110,000 / year

Annual performance based bonus

Qualifications:

BA or BS in Accounting or Finance

4 plus years of professional experience preferably concentrated in a real estate operator/developer environment, or in public accounting.

CPA preferred, but not required

Ability to handle multiple tasks and to work independently in an organized manner with strong attention to detail and accuracy.

Strong written and oral communication skills.

Proficiency with standard suite of Microsoft Office applications, in particular Excel.

Working knowledge of JDEdwards, RealPage or Yardi a bonus, but not required.

This role is primarily remote, required to be onsite at the NY office twice a month.

Related Companies is an equal opportunity employer.

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Overview:

Formed in 1972, Related is the most prominent privately-owned real estate firm in the United States. Headquartered in New York City, the company has offices and major developments across the world. Related owns and manages a premier portfolio of assets valued at over $60 billion, including the 28-acre Hudson Yards neighborhood on Manhattan’s West Side.

Related believes in investing in its talent and cultivates a positive, team-oriented environment where every voice is valued. Employees are encouraged to boldly take on new challenges, transcend the status quo, and demonstrate strong entrepreneurial spirit. In its relentless commitment to excellence, Related works to foster an innovative approach in its team members so that they can positively impact the communities in which they conduct business. Learn more about Related at .

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