
Assistant Portfolio Accounting Manager
Vornado Realty Trust
The Role
Overview
Manage accounting team/processes to ensure accurate GAAP financial reporting for real estate assets.
Key Responsibilities
- cash flow
- financial review
- budget prep
- ad-hoc reporting
- audit liaison
- process design
Tasks
-Review monthly cash flow projections for partially-owned assets -Review quarterly and year end work papers -Review and analyze the general ledger, sub-ledgers and financial statements for accuracy -Assist in preparation of annual budget and quarterly reforecasts -Interface with joint venture partners -Oversee the completion of ad-hoc reports and analyses as needed -Interface with the Company's internal and external auditors -Ensure financial statements required under the terms of loan and/or partner agreements are prepared and submitted timely -Interface with personnel throughout the Company to maintain the proper flow of information -Review monthly budget vs. actual results for multiple properties -Create new processes as necessary to help ensure departmental efficiency
Requirements
- excel
- cpa
- accounting degree
- real estate
- 5+ years
- analytical
What You Bring
-Strong Microsoft Excel skills -CPA preferred -Strong analytical and organizational skills -Detail oriented -Accounting experience in the commercial real estate industry of approximately 5 years or more or approximately 3 years or more with a medium to large CPA firm (real estate industry preferred) -College Degree in Accounting -Strong supervisory skills -Ability to prioritize and multi-task while still exhibiting good judgment and poise in a fast-paced environment -Good interpersonal and communication skills
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The Company
About Vornado Realty Trust
-Born from a strategic pivot, transforming from a legacy appliance brand into a REIT powerhouse focused on prime office and retail spaces in NYC, with stakes in Chicago and San Francisco. -Anchored in Manhattan, owns iconic properties like 770 Broadway and 220 Central Park South, including the 15 Penn Plaza project. -Portfolio includes Class A office towers and street-level retail, supported by in-house building services for tenant convenience. -Actively develops high-profile ventures, such as mixed-use towers and urban campuses, including signage in Times Square. -Roots trace back to a 1960s appliance brand, pivoting into commercial property management.
Sector Specialisms
Office
Retail
Real Estate Investment
Property Management
Development
Redevelopment
Urban District Transformation
