Senior Accountant - Real Estate
About the Role
At EisnerAmper, we look for individuals who welcome new ideas, encourage innovation, and are eager to make an impact. Whether you’re starting out in your career or taking your next step as a seasoned professional, the EisnerAmper experience is one-of-a-kind. You can design a career you’ll love from top to bottom – we give you the tools you need to succeed and the autonomy to reach your goals. EisnerAmper’s Real Estate group has experienced significant growth and is seeking a real estate accounting professional with expertise using Real Estate platforms such as Yardi, AppFolio and Intacct. This individual will be responsible for servicing real estate clients and managing multi entity portfolios of properties, both commercial and/or residential.
Responsibilities
- Make appropriate journal entries to record mortgage, payroll, utilities, management fees, property insurance and property taxes and other cash transactions
- Perform bank reconciliations (operating, security deposit, escrow accounts)
- Perform monthly financial review, accrual accounting and GL reclasses
- Perform reconciliations of the balance sheet accounts
- Perform in-depth review of the income statement
- Perform actual-to-budget variance analysis
- Perform, process, and calculate management fees and distributions
- Prepare monthly financial statement package for ownership to include balance sheet, profit & loss statement, statement of cash flows (if applicable), and bank reconciliations
- Prepare quarterly financial reporting to fulfill lender compliance requirements
- Act as liaison to external auditors by explaining journal entries and financial transactions, provide research data and information as requested, and answer questions necessary to complete the audit in a timely manner.
- Submit wires, ACHs, and internal bank transfers
- Development and uploading of budgets
- Maintain job costing schedules and prepare construction draw packages
- Maintain CAM and operation escalation schedules
Requirements
- Bachelor’s Degree in Business, Finance, Accounting, or related field
- 3+ years of property accounting experience managing multiple properties/entities; OR 3+ years of public accounting audit experience serving real estate clients; OR 3+ years combined experience in both
Preferred Qualifications
- Experience with Yardi
- Master's degree in Business, Finance, Accounting, or related field
- Experience working with task management and workpaper system (Blackline, Floqast)
- Experience working with Appfolio and/or Avid Exchange
About the Outsourced Services Team
The EisnerAmper Outsourcing group brings our team’s specialized knowledge of accounting directly into the offices of a wide range of clients.