Senior Property Accountant

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Under direct supervision from the Assistant Controller/Manager, responsible for accounting duties of a complex nature in support of accounting functions for a portfolio of properties. Responsible for the preparation of monthly financial reporting including journal entry calculation and posting, accruals, balance sheet account analyses, and bank reconciliations. Interacts closely with internal and external clients, responding timely and accurately to any inquiries.

Newmark’s client accounting professionals provide services for a variety of investor and corporate properties, including high‑end retail, commercial and industrial portfolios.

Benefits of working in Real Estate Accounting for Newmark include flexible work arrangements, including a hybrid work schedule, an annual department‑wide morale/recognition event and team building events, and a comprehensive benefits package.

• Complete full‑cycle accounting for a portfolio of commercial real estate properties.
• Responsible for the preparation of the daily, monthly, quarterly and annual financial/accounting activities and all financial statements and reporting.
• Provide a high level of customer service to the property managers and clients associated with your portfolio of properties.
• Work part of the development of new process improvements and train new employees as needed, leveraging advanced accounting skills.
• Work closely with Controller/Assistant Controller on day‑to‑day functions.
• Mentor and develop newer accounting team members to ensure growth and cross‑training within the department.
• Review reports prepared by other property accountants to ensure accuracy and completeness.
• Assist property managers with budget preparation.
• Assist property managers with CAM reconciliations or be responsible for completing the CAM reconciliations or calculating and posting monthly/quarterly CAM true‑up entries.
• Assist with client audits by providing requested documents and answering questions.
• Provide internal audit samples for SOC1 audit.
• Coordinate accounting matters with other departments, locations and divisions.
• Partner with property managers to ensure financials are accurate and delivered timely, directly impacting client satisfaction.
• Ensure all expenses, receipts, distributions, funding requests and other accounting transactions for the period are accurately recorded.
• Review and audit financial information to ensure compliance with established procedures and accounting principles.
• Respond to and resolve issues and requests from property management teams and clients; research open accounting issues and implement solutions.
• Participate in budget and forecasting functions for assigned property portfolio.
• Participate in accounting consulting assignments for clients and assist in the onboarding and transition of properties.

• Bachelor’s degree required, preferably in accounting or equivalent experience.
• Minimum of 3‑5 years of previous accounting experience.
• Proficient in Microsoft Office Suite applications, including Excel and Outlook.
• Experience with a computerized ERP system required; experience with Yardi or MRI a plus.
• Experience with full‑cycle accounting and the preparation of financial statement packages.
• Effective interpersonal, verbal and written communication skills.
• Understanding of GAAP and FASB regulations.
• Works effectively in a team environment through collaboration and partnership; customer service oriented with an aspiration to succeed with the client in mind.
• Analytical and problem‑solving skills with the ability to offer solutions to resolve issues.
• Ability to read and understand complex documents such as lease agreements and property management agreements.
• May perform other duties as assigned.

• Bachelor’s degree in accounting, finance, related field, or equivalent experience.
• Minimum of 1‑3 years of previous accounting experience.
• Understanding of GAAP.
• Proficient in Microsoft Office Suite applications.
• Experience with computerized accounting systems such as Yardi and/or MRI; a plus but not required.
• Effective interpersonal, verbal, and written…