• Related Companies
  • $95,430.00 -157,490.00/year*
  • New York, NY
  • Accounting
  • Full-Time
  • 21 Warren St

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Overview

Related Companies is the most prominent privately-owned real estate firm in the United States. Formed over 47 years ago, Related is a fully-integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and sales. Headquartered in New York City, Related has offices and major developments in Boston, Chicago, Los Angeles, San Francisco, South Florida, Washington, D.C., Abu Dhabi and London, and boasts a team of over 3,500 professionals. With over $50 billion in assets owned or under development, the company's portfolio is made up of best-in-class developments in premier high-barrier-to-entry markets across all asset classes. Related was recently named one of the \"50 Most Innovative Companies in the World\" by Fast Company Magazine. Related has dramatically redefined the concept of metropolitan luxury by introducing extraordinary residential properties in Boston, Chicago, Los Angeles, San Francisco, New York City and Washington, D.C. With each new building, Related has been hailed for setting new standards of excellence in the luxury marketplace. Related also owns an extensive portfolio of workforce and affordable housing and has several new rental developments underway across the country. Among other leadership initiatives, they were the first landlord to accept credit card payments, one of the first developers to build sustainable high-rise buildings and the first national developer to go smoke-free. Related's commitment to hospitality-level service in its residential buildings includes a proprietary training program that empowers employees to exceed its residents' expectations, and an exclusive strategic partnership with Hello Alfred to provide a suite of personal life-enhancing services to residents. Related is also a strategic investor in category-defining companies including Equinox? and SoulCycle. For more information about Related Companies please visit www.related.com

Responsibilities

The Commercial Accounting group is responsible for accounting for all aspects of operations associated with Related's Commercial Portfolio. The group is tasked with internal and external management reporting, debt and statutory compliance. The Senior Accountant will be primarily responsible for the general ledger and cash flow analysis, financial reporting, daily and period end accounting activities, performing cash management, assisting with preparing annual year-end projections, and analyzing monthly and year-to-date budget variances for a variety of operating platforms within the ownership structure of Time Warner Center - Retail.

This position also involves collaboration with the finance team and senior leaders to produce a variety of high quality, monthly and quarterly reports that are used for companywide and external owner reporting, analysis and planning. The Senior Accountant will also interface with independent auditors, internal associates and external parties. The ideal candidate is a highly entrepreneurial and self-motivated person who thrives in a dynamic work environment and demonstrates a flexible and adaptable work style that responds quickly and efficiently under tight deadlines. The Senior Accountant will report to the Controller and be based in our New York office.

Primary Responsibilities

* Perform daily accounting activities, cash management and act as liaison between other departments (accounts payable, accounts receivable and lease administration) to maintain the proper flow of information and reporting
* Work with Property operations teams to record activity in conjunction with approved budgets.
* Prepare balance sheet and income statement analysis for management and partners under GAAP and cash basis
* Prepare detailed monthly, quarterly and year end work paper packages for owners and lenders.
* Analyze and review accounting processes for inefficiencies. Implement efficient and effective financial and internal control processes.
* Collaborate with Controller and business executives on monthly cash flow forecasting
* Prepare and/or review real estate tax and CAM reconciliations as well as other tenant reimbursements.
* Review and analyze the general ledger, financial statements and prepare appropriate accrual and cash adjusting journal entries in accordance with GAAP
* Assist in the preparation of annual audited financial statements and annual tax certiorari filing
* Assist in third party audits including tenant audit of OPEX and/or ownership audit
* Prepare and/or review monthly bank reconciliations
* Assist with preparation of yearly budgets and quarterly forecasting
* Create reporting templates, formulate analysis using applications such as Excel or JD Edwards accounting software and participate in various business process/technology integration initiatives
* Assist with special projects as assigned by management

Qualifications

* Bachelor's degree in Accounting
* 4 to 6 years of real estate accounting experience, CPA preferred
* Public accounting experience preferred
* Strong knowledge of GAAP/accounting theory
* Ability to handle multiple tasks and work independently with attention to details
* Excellent written and communication skills
* Strong analytical, organizational and problem solving skills
* Mature professional with sound judgement and interpersonal skills
* Proficiency with standard suite of Microsoft Office applications. Advanced knowledge of Excel, a plus.
* Knowledge of JD Edwards (or other real estate accounting software) a plus


Associated topics: account, accounting, accounting and finance, accounts payable, accounts receivable, financial analyst, revenue, senior financial, senior financial analyst, tax

* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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