Job Listing: Director of Property Accounting

• Knowledgeable in co-ops, condominiums, rent-stabilized financial reporting. • Understand regulations for co-ops, condos, rent stabilized apartments. • Supervision of Major Capital Improvement projects, working with legal and operation departments. • Provide day to day direction, develop performance objectives and conduct performance evaluations. • Strategic supervision and coordination of all audit and reporting requirements, due dates and distributions. • Act as liaison with independent auditors, coordinate interim review procedures and final audits; Conduct preparation of US GAAP and US Tax basis financial statements. • Responsible for analytic review of all property financial statements and analysis. • Establish new entity structures within MRI and the reporting system. • Assist in the preparation of quarterly and annual reports. • Assist the Fund group with resolving accounting issues. • Coordinate the preparation of Annual Budgets. • Manage quarterly compliance testing as required by debt instruments. • Manage preparation of monthly reports. • Conduct detailed review of property work papers. etc; review tenant arrearages. • Manage process for any escalation audit reviews. • Preparation of closing statements. • Manage process of due diligence of acquisition, disposition and refinancing. • Review distribution quarterly schedules.

Required Skills

• Six to eight years experience in residential real estate accounting.

• Knowledge of both GAAP and tax.

• Argus experience.

• Must have good Excel skills.

Date Posted: July 22, 2008

Job Details

Job Location

Candidate Application

Employer: Synergy One Address: NYC Contact:
Job Type: Full-time City: New York Phone: 646-688 2712
Experience:5 - 7 Years State: New York E-mail: jana@synergy1ny.com
Education: Bachelors Degree Zip Code:10001 Online: Website Link

Salary and Benefits

Salary: 110k-150k ( DOE)
Benefits
3 weeks paid vacation
Bonuses

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