Senior Property Accountant

💰 $5,120 - $8,192 (Est.) 📍 New York City 🕐 Today

Job Description

Full job description
C+C Apartment Management LLC is recognized as an industry leader in management and real estate operations. Our team manages the day-to-day operations of over 23,000 residential dwelling units across approximately 400 multi-family buildings throughout the New York Tri-state area. The C+C portfolio contains market rate, mixed market rate, affordable and full tax credit/affordable properties.

Our mission is to provide exceptional property management services that meet the diverse needs of our various constituents, including our residents, the local community, government and financing agencies, and the owners of the properties. C+C offers a full breadth of management services to improve and enhance a property’s revenue, cost control measures, maintenance, financial reporting, and resident relations.

Areas of Responsibility and Job Requirements:
Serves as primary interface between accounting and property management, and responsible for the creation of all property reports and mandatory filings. Reviews and discusses monthly reports directly with investors and L+M asset management team.

Responsibilities include, but are not limited to:
Develops annual budgets with possible reforecasts during the year in conjunction with management and property manager (PM)
Prepares month and year end journal entries, recorded into Yardi (recurring)
Reviews monthly cash flow statement with account analysis of significant budget variances
Communicates with management, investors, L+M asset management and PM with respect to same
Reviews additional statements to be sent to investors/banks including, BS, AR, AP, etc.
Reviews monthly L+M portfolio report
Reviews the general ledger accounts codes at least once quarterly, including payroll reconciliation
Tracks escrow and reserve accounts and conducts periodic analysis to determine appropriateness of escrow amounts
Works with PM’s on requisitions from blocked replacement reserve/operating accounts
Prepares year-end audit package including work papers, for submission to outside accountants
Posts outside accountant’s year end journal entries and reconcile beginning year general ledger balances
Tracks partner capital contributions and distributions for specific properties
Directly works with L+M asset managers on special projects and reports requested by banks/investors
Minimum Education Requirements:
Bachelor’s degree in Accounting
Minimum Years of Experience Required:
3+ years of comparable experience

💡 Quick Summary

Seeking a career-building opportunity? The Senior Property Accountant position is now open for candidates interested in the Accountant Jobs sector. This role in New York City offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.

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Job Details

Company Name: L+M Development Partners

Frequently Asked Questions

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The expected salary for Senior Property Accountant in New York City is $5,120 - $8,192 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Senior Property Accountant is an on-site position based in New York City. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Senior Property Accountant. Previous experience in Accountant Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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