
Senior Property Accountant
Newmark
The Role
Overview
Full‑cycle accounting for commercial real estate portfolios, covering reporting and client support.
Key Responsibilities
- full-cycle accounting
- financial reporting
- cam reconciliation
- budget forecasting
- audit support
- process improvement
Tasks
-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. -May Assist property managers with CAM reconciliations or be responsible for completing the CAM reconciliations or calculating and posting monthly/quarterly CAM true-up entries -Responds to and resolves issues and requests from property management teams and clients. Research open accounting issues and recognizes potential issues and/or conflicts and implements solutions. -Reviews and audits financial information to ensure compliance with established procedures and accounting principles. -May participate in budget and forecasting functions for assigned property portfolio. -You will be part of the development of new process improvements and the ability to train new employees as needed, leveraging your advanced accounting skills. -Responsible for assisting with client audits by providing requested documents and answering questions. -Ensures all expenses, receipts, distributions, funding requests, and other accounting transactions for the period are accurately recorded. -Participating in accounting consulting assignments for our clients and assists in the on-boarding and transition of properties. -Coordinates accounting matters with other departments, locations and divisions. -Partners with property managers to ensure financials are accurate and delivered timely, directly impacting client satisfaction. -May Assist property managers with budget preparation. -Mentor and develop newer accounting team members to ensure growth and cross training within the department. -Work closely with Controller/Assistant Controller on day-to-day functions. -Provide a high level of customer service to the property managers and clients associated with your portfolio of properties. -May be asked to review reports prepared by other property accountants to ensure accuracy and completeness. -Responsible for providing internal audit samples for SOC1 audit
Requirements
- gaap
- yardi
- erp
- excel
- bachelor's
- real estate license
What You Bring
-Experience with full-cycle accounting and the preparation of financial statement packages. -Proficient in Microsoft Office Suite applications, including Microsoft Excel and Outlook -Bachelor’s degree required, preferably in accounting or equivalent experience. -Works effectively in a team environment through collaboration and partnership. -Effective interpersonal, verbal and written communication skills. -Ability to analyze and problem solve effectively by offering solutions to resolve issues. -A valid real estate license is required in states where work is performed -Understanding of Generally Accepted Accounting Principles (GAAP). -Works effectively in a team environment through collaboration and partnership. Customer service oriented with an aspiration to succeed with the client in mind. -Customer service-oriented mindset. -Ability to analyze and problem solve effectively. -Understanding of Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) regulations. -Proficient in Microsoft Office Suite applications. -Experience with computerized accounting systems, specifically Yardi and/or MRI, a plus but not required. -Minimum of 3-5 years of previous accounting experience. -Experience with a computerized ERP system required, experience with Yardi or MRI system a plus. -Effective interpersonal, verbal, and written communication skills. -Ability to read and understand complex documents such as lease agreement and property management agreements. -Bachelor’s degree in accounting, finance, related field, or equivalent experience. -Minimum of 1-3 years of previous accounting experience.
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The Company
About Newmark
-Offers a comprehensive suite of services including leasing, capital markets, property management, and advisory. -_INVOLVED_ in significant projects across various sectors such as commercial, residential, industrial, and retail. -سابق Opera specialized in complex transactions, capital structuring, and operational strategies. -_INVOLVED_ advisory services are widely recognized for providing deep market insights and tailored solutions. -INVOLVED_ in handling diverse, high-stakes real estate challenges, from urban developments to large-scale industrial projects.
Sector Specialisms
Flex Space
Healthcare
Life Science
Technology & Innovation
Industrial & Logistics
Retail
Office
Multifamily
Student Housing
Hospitality
Corporate Capital Markets
Franchise Consulting
