Sr. Property Accountant

We are looking for an experienced Sr. Property Accountant to support the financial operations of a portfolio of commercial properties in New York, New York. This contract opportunity is ideal for a detail-focused accounting specialist who can manage reporting, reconciliations, and lease-related financial activity while partnering closely with property and finance leadership. The role offers the chance to contribute to budgeting, compliance support, and month-end close activities in a fast-paced real estate environment.

Responsibilities:
• Produce monthly, quarterly, and annual financial reports for assigned properties and deliver timely insights to internal stakeholders.
• Manage debt service activity by coordinating scheduled payments, tracking lender reserve requirements, and assisting with compliance-related reporting.
• Support the planning cycle through preparation of operating budgets and financial forecasts for property assets.
• Maintain accurate rent roll records and monitor lease expiration schedules to support ongoing portfolio oversight.
• Examine lease documentation, establish recurring tenant charges in MRI, and prepare one-time billing adjustments for collections processing.
• Calculate tenant billings tied to operating expense recoveries and other escalations, including taxes, payroll-related charges, promotions, and similar items.
• Track tenant letters of credit and coordinate sight drafts and associated transactions as needed.
• Prepare leasing commission calculations and review tenant improvement contribution requests for accuracy and completeness.
• Maintain general ledger accounts, record journal entries, complete period-end close tasks, and reconcile bank, intercompany, and related balance sheet accounts.
• Assemble audit support documentation, respond to auditor requests, and contribute to special projects assigned by accounting leadership.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field preferred.
• Demonstrated experience in property accounting or real estate accounting at a senior accountant level.
• Strong knowledge of month-end close procedures, general ledger maintenance, and journal entry preparation.
• Hands-on experience performing account reconciliations, including bank and intercompany reconciliations.
• Familiarity with lease administration concepts such as rent rolls, lease abstracts, and escalation billings.
• Proficiency with MRI Software and strong overall systems skills.
• Ability to manage multiple deadlines, prioritize effectively, and maintain accuracy in a deadline-driven environment.

Compensation

$38.00-$45.00 Hourly

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