Senior Property Accountant
About The Position
Acadia (NYSE:AKR), headquartered in Rye, New York, Acadia Realty Trust (NYSE:AKR) is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual – core and investment management – platforms. Our energized team is accomplishing this goal by building a best-in-class, location-driven core real estate portfolio with meaningful concentrations of assets in the nation’s most dynamic urban and street-retail corridors, including those in New York, Chicago, Los Angeles, San Francisco, Washington DC, Dallas, and Boston. At the same time, we manage opportunistic and value-add investments through our investment management platform. Acadia is currently seeking a Senior property accountant who has strong growth potential. This position will be responsible for various accounting/reporting functions for properties and entities as part of Acadia’s core portfolio, opportunity fund platforms and investment management portfolio in accordance with GAAP policies. They will support a portfolio of commercial real estate properties and be responsible for a broad range of accounting and financial reporting activities.
Requirements
- Bachelor’s degree in Accounting and/or Finance
- 3–5 years of professional accounting experience
- Strong analytical skills with attention to detail
- Self-starter able to work independently, manage priorities, and meet deadlines in a fast-paced environment
- Real estate experience required, commercial experience strongly preferred
Nice To Haves
- Strong technical aptitude, including advanced Excel skills and the ability to leverage automation and AI tools to improve efficiency and reporting, preferred
- Progress toward CPA certification is a plus
Responsibilities
- Managing components of the quarterly and annual close and financial reporting cycles, including preparation of balance sheets and income statements
- Preparing monthly and quarterly financial reporting packages for joint venture partners and lenders
- Preparing and posting monthly and quarterly journal entries, including accruals, amortizations, and reclassifications
- Performing variance analysis versus budget and prior periods, and providing explanations for key fluctuations
- Maintaining accurate general ledger and bookkeeping records, including account reconciliations and transaction review
- Preparation of work papers to be used in conjunction with audits
- Preparation of footnotes and supporting schedules for quarterly and annual SEC filings
- Supporting accounting setup for property acquisitions and closeout activities for property dispositions, such as transaction-level journal entries, account setup, and close‑out procedures
- Assist with the integration of newly acquired properties and joint ventures, including coordination with internal teams and third parties to ensure proper accounting and reporting
- Working collaboratively with internal teams to ensure accurate reporting and compliance with GAAP and internal controls
- Identify opportunities to improve accounting processes, efficiency, and accuracy
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
11-50 employees
