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Responsibilities

The Senior Accountant will be responsible for all accounting and reporting functions for a residential portfolio consisting of 15-18 entities which varies by group and can consist of Affordable Housing, Luxury Rental and Luxury Condo. The ideal candidate is a highly entrepreneurial and self-motivated person who thrives in a dynamic work environment and demonstrates a flexible and adaptable work style that responds quickly and efficiently under tight deadlines. The Senior Accountant will report to the Portfolio Controller. This position is primarily remote, required to be in office twice a month.

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

The anticipated base salary range for this position is listed below. In addition to a competitive base salary, you will be eligible to receive discretionary bonus incentives and a comprehensive benefits package.

Anticipated base salary range: $80,000 - $110,000 / year

Actual base salary within the anticipated range will be determined by several components including, but not limited to, the individual's experience, skills, qualifications, and market factors.

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.

Related values diversity in backgrounds and experiences. We are proud to be an equal opportunity employer and are deliberate about the team and culture we are building. We aim to ensure competitive total compensation that is commensurate with experience, workplace geography, and market standards.

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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 www.related.com.