Audit Senior, Real Estate

Anchin•New York, NY

47d•$85,000 - $118,000•Hybrid

About The Position

This role in Real Estate Audit plays a pivotal role in ensuring financial transparency and maintaining the trust of stakeholders in the real estate industry. In this role, you will contribute to the accuracy of financial reporting, risk management, and overall financial health of real estate businesses and investments.

Requirements

Bachelor's or Master's degree in Accounting.
CPA (Certified Public Accountant) preferred.
2+ years of audit experience, with a focus on core real estate and real estate funds.
Experience with fair value appraisals for real estate funds.
Proficiency in auditing software and financial analysis tools.
Strong knowledge of accounting principles and auditing standards.
Strong attention to detail, organizational skills, and ability to manage multiple assignments.
Excellent communication, interpersonal, and analytical thinking skills.
Leadership and mentoring abilities.

Responsibilities

Assist in planning and executing audit, review, compilation, and special purpose engagements for real estate clients, including property managers, owners, developers, funds, and REITs.
Apply audit procedures to real estate valuation methodologies, including discounted cash flows, direct capitalization, and sales comparable approaches.
Execute and review audit procedures, including substantive testing, control testing, and analytical reviews.
Identify and assess audit risks and develop audit programs to address these risks.
Evaluate the effectiveness of internal controls and recommend improvements.
Examine and analyze financial statements, income statements, balance sheets, and cash flow statements for accuracy and completeness.
Ensure compliance with Generally Accepted Accounting Principles (GAAP) or income tax basis of accounting, as applicable.
Assist in conducting technical research on accounting issues relevant to real estate clients.
Work closely with audit managers and partners to address accounting and audit issues and ensure the timely completion of engagements.
Maintain effective communication directly with clients to gather information, address concerns, and provide insights into audit findings.
Prepare and present audit reports to clients, highlighting key findings and recommendations.
Provide guidance and support to staff auditors on specific audit areas as needed.
Foster a collaborative and productive work environment within the audit team.
Ensure audits adhere to all relevant regulatory requirements.
Maintain organized and comprehensive audit documentation that supports findings, conclusions, and recommendations.
Stay informed about new accounting standards, industry developments, emerging technologies, and tools to streamline audit processes.
Participate in recruiting efforts, training, and other firm-wide initiatives.