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About the Role

The Senior Property Accountant is responsible for the full-cycle accounting and financial reporting of a portfolio of residential and retail properties, ensuring accurate financial results, strong cash management, and timely reporting.

Responsibilities

• Perform monthly GL close (GAAP and cash general ledgers) and prepare workpapers.
• Manage daily accounting for a portfolio of four properties, including accounts payable review, cash management oversight, cash receipts processing, and loan draw preparation.
• Collaborate with operations and asset management on property financial activities and ad hoc reports.
• Prepare monthly reporting packages for internal and external stakeholders (investor, lender compliance, asset management, operational reports).
• Manage cash flow projections to meet portfolio cash needs.
• Assist in the preparation of annual budgets and collaborate with the real estate team.
• Assist in the annual audit process, managing interim work, workpapers, audit report templates, and footnotes.
• Assist in the annual RPIE and TC 201 process.
• Serve as a resource for sustainability initiatives, integrating sustainability into processes and practices.
• Empower colleagues, consultants, tenants, and residents to engage in environmental stewardship.

Requirements

• Bachelor’s degree with a major in Accounting.
• 5+ years of accounting and relevant asset class industry experience.
• High level of computer skills and proficiency in Microsoft Office.
• Excellent communication and presentation skills.
• Strong understanding of accounting principles.
• Ability to demonstrate critical thinking skills to solve problems.
• Excellent analytical and quantitative skills.
• Strong knowledge of workpapers, corporate entity & loan structures, and property operations.
• Ability to drive results and meet strict deadlines.

Skills

• Microsoft Office
• General ledger software
• MRI
• Yardi
• Timberline
• Accounting principles
• Critical thinking
• Analytical skills
• Quantitative skills
• Workpapers
• Corporate entity structures
• Loan structures
• Property operations

Location

• New York

Work Type

• Full-time

Experience Level

• 5+ years

Education Level

• Bachelor's degree in Accounting

Salary/Compensations

• $95,000 - $125,000

About the Company

• Since 1915, The Durst Organization has been a family-run business dedicated to innovation, integrity, community, and sustainability.
• We develop, build, own, and manage premier office towers and residential buildings that set new standards in environmental responsibility and user efficiency.
• Our enduring relationships with tenants and partners are critical to our success.
• We build, own, and operate many of the world’s most innovative and efficient buildings.
• We create value by developing sustainable residential and commercial properties where people live, work, and thrive.

Equal Opportunity

• Equal Opportunity Employer and Affirmative Action Employer for Protected Veterans and Individuals with Disabilities.
• All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, gender, gender identity, sexual orientation, age, genetic information, disability or protected veteran status, or any other characteristic protected by law.