Job Overview – Accounting Manager (Property Accounting)
Compensation: $140,000 – $155,000/year + bonus
Location: New York, NY
Schedule: Monday to Friday (Hybrid)
Atlantic Group is hiring an Accounting Manager (Property Accounting) in New York, NY for our client, supporting property accounting, financial reporting, portfolio accounting, and monthly close activities within a real estate investment environment. This opportunity will oversee accounting operations for a portfolio of real estate assets while partnering with property management, accounts payable, and finance teams to ensure accurate reporting and compliance. The ideal candidate will bring strong real estate accounting experience, public accounting exposure, and a thorough understanding of property-level financial reporting.
Responsibilities as the Accounting Manager (Property Accounting):
- Financial Reporting: Prepare and review monthly financial statements, account reconciliations, and supporting schedules for assigned properties and related entities.
- Month-End Close: Lead the monthly close process, including accruals, prepaid expenses, variance analysis, and balance sheet reconciliations.
- Property Accounting: Maintain accurate general ledger activity, ensure proper transaction coding, and support accounting for property-level operations and activities.
- Portfolio Management: Partner with property management and accounts payable teams to resolve accounting issues, support operational reporting, and ensure timely financial data.
- Cash & Compliance Management: Monitor cash balances, support funding requirements, and oversee lender-related reporting, reserve tracking, and compliance obligations.
Qualifications for the Accounting Manager (Property Accounting):
- Education: Bachelor’s degree in Accounting, Finance, or a related field is required.
- Certification: CPA is required.
- Experience: 5+ years of real estate or property accounting experience is required, and prior public accounting experience is strongly preferred.
- Industry Knowledge: Experience within real estate, property management, real estate investment, or public accounting environments is required.
- Technical Skills: Proficiency with Microsoft Excel and accounting systems is required, and experience with Yardi is strongly preferred.
- Skills & Attributes: Strong analytical, organizational, and communication skills with the ability to manage multiple priorities, maintain accurate financial records, and meet deadlines in a fast-paced environment are required.
Application Notice: Qualified candidates will be contacted within 2 business days of application. If an applicant does not meet the above criteria, Atlantic Group will keep your resume on file for future opportunities and may contact you for further discussion.