Senior Property Accountant Job New York New York USA,Accounting

Senior Multifamily Property Accountant | Hybrid NYC

Position Overview

The Senior Multifamily Property Accountant will support the accounting and financial reporting functions for a portfolio of residential properties. Reporting to the Multifamily Accounting Manager, this individual will be responsible for full-cycle property accounting, including month‑end close, financial reporting, reconciliations, budgeting, lender reporting, and audit support.

This is a strong opportunity for an experienced property accountant looking to take on greater ownership of a portfolio and work closely with property management and other internal teams.

Responsibilities

Manage full-cycle accounting and month‑end close for assigned multifamily properties.
Reconcile accounts receivable, accounts payable, bank accounts, and other sub‑ledgers.
Prepare journal entries, accruals, reserves, and supporting schedules.
Prepare monthly property‑level financial statements and reporting packages.
Perform balance sheet reconciliations and account roll‑forwards.
Review property expenses and ensure proper accounting treatment and G/L coding.
Partner with property management teams on operating expenses, accruals, fixed assets, and other accounting matters.
Review expenditures to determine appropriate expense versus capitalization treatment.
Monitor property cash balances and funding requirements.
Record mortgage activity and reconcile related lender and escrow accounts.
Prepare lender reporting packages and assist with draw requests.
Support annual budgeting and budget‑to‑actual analysis.
Assist with quarterly and annual financial reporting requirements.
Provide documentation and support for property‑level audits.
Assist with regulatory and governmental filings as required.
Participate in process improvements, special projects, and other ad hoc accounting initiatives.

Qualifications

Bachelor’s degree in Accounting, Finance, or a related field.
2+ years of accounting experience.
Multifamily/residential property accounting experience strongly preferred.
Experience with month‑end close, financial reporting, reconciliations, and property‑level accounting.
Experience with Yardi or another real estate accounting system is preferred.
Strong analytical, organizational, and communication skills.