Senior Real Estate Accountant (Hybrid)

Volunteers of American Greater New York•New York, NY

1d•Hybrid

About The Position

The Senior Real Estate Accountant is responsible for property accounting and reporting compliance for VOA-GNY related entities. The role supports accurate and timely financial statements, general ledger accounting, and monthly operating statements. It prepares monthly journal entries for expense recording and allocation, analyzes trial balance accounts, and prepares written variance analysis for each legal entity. The position also supports month-end and year-end close, financial reporting, audit and regulatory compliance, lease accounting, and annual budget preparation. It works under the supervision of the Budget and Reporting Supervisor and assists the Accounting Supervisor during monthly and year-end close.

Requirements

Bachelor’s degree in Accounting and 3 years of not-for-profit experience, or a satisfactory combination of education and experience.
Financial accounting experience, including knowledge of financial reporting under GAAP and FASB standards.
Strong interpersonal skills and ability to communicate effectively.
Working knowledge of Yardi, Excel, Word, and PowerPoint.
Experience writing internal policies and procedures.
Experience using Yardi functionality to train staff on the program side and review Yardi reconciliations for accuracy.

Responsibilities

Review and analyze general ledger accounts to maintain the integrity of financial data.
Liaise with Finance and Business Office staff to complete month-end close, monthly reporting, and financial review.
Coordinate and review Yardi rent rolls and monthly rental receivables for completeness and accuracy, including tenant setup, income and cash receipt recording, and allowances.
Prepare journal entries, rental analyses, and monthly financial statements.
Ensure timely month-end close and distribution of monthly revenue and expense statements for related entities.
Collaborate with business office staff to ensure timely, accurate closeout reports are submitted to funding institutions.
Monitor and maintain records of tenant security deposits and Section 8 payments, and manage replacement reserve accounts.
Assist the Accounting Supervisor with monthly and year-end close, including recording accrued expenses, preparing journal entries, and preparing quarterly internal and annual year-end financial statements.
Respond to audit schedules and information requests from funding agencies, including NYCDHS, NYCDMH, and NYSOMH, and assist with the annual audit.
Prepare compliance reports for regulatory agencies, including NYSFA and NYCDHPD.
Review leases, maintain a lease schedule, and prepare year-end lease obligations.
Assist the Budget and Reporting Supervisor with developing and preparing the annual calendar and fiscal-year budgets for related entities.
Train staff on Yardi functionality and review Yardi reconciliations for accuracy.
Prepare monthly journal entries for expense recording and allocation, analyze trial balance accounts, and write variance analyses for each legal entity.