Senior Property Accountant

About the role

The DLC Accounting team is seeking a Senior Property Accountant to join our headquarters in Elmsford, New York, operating on a hybrid schedule. This role will report directly to the Property Accounting Supervisor or Manager and will be responsible for overseeing the accounting, financial reporting, and financial analysis for an assigned portfolio of properties, while also providing broader business support to the organization.

Responsibilities

• Prepare monthly GAAP-based financial statements and tax reporting packages, including detailed actual-to-budget variance analysis for senior management.
• Produce comprehensive monthly property financial reports and supporting workpapers incorporating data from Legal, Construction, and Operations teams.
• Monitor and ensure compliance with lender debt covenants and reporting requirements across assigned portfolio.
• Develop and manage weekly cash flow analyses to prioritize and authorize property-level payables.
• Perform monthly reconciliations of operating, mortgage, and escrow accounts to ensure accuracy and financial integrity.
• Maintain and reconcile general ledgers for assigned properties, ensuring timely and accurate financial reporting.
• Assist in the preparation and review of annual operating budgets and forecasts.
• Partner cross-functionally with Leasing Representatives and Property Managers to analyze performance and resolve financial matters.
• Cook with external auditors to support annual audits and tax return preparation.
• Serve as primary financial liaison between departments and regional offices, addressing inquiries and resolving discrepancies.
• Aid in the preparation of year-end CAM reconciliations and real estate tax escalation calculations, including tenant billings.
• Support special projects including acquisition due diligence, property onboarding and system implementation initiatives.

Requirements

• Excellent oral and written communication skills to successfully engage with other departments to gather required information.
• Organized and reliable with strong analytical skills and attention to detail.
• Strong interpersonal and communication skills.
• A “can-do” attitude and a desire to learn.
• Thrives in a fast-paced environment with the ability to prioritize, multi-task and manage tight deadlines.
• Aptitude to learn new systems quickly.
• High attention to detail.

Skills

• Bachelor’s degree in accounting.
• 3-5 years of accounting experience.
• Public accounting experience a plus.
• Minimum of 2-3 years of prior Real Estate industry experience.
• RMI or Yardi Experience is a plus.
• Strong excel skills is a MUST.

Benefits

The expected salary range for this position is between $90,000 and $105,000. The actual compensation will be based on factors such as scope and responsibilities of the position, candidate's work experience, education/training, job-related skills, internal peer equity, market and business considerations and other factors permitted by law.