Senior Property Accountant

Alliance Resource Partners, L.P.

$95K — $115K *
Rye, NY 10580In-Person
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting and/or Finance
  • 3-5 years of professional accounting experience
  • Strong analytical skills with attention to detail
  • Self-starter with ability to work independently and meet deadlines
  • Advanced Excel skills and familiarity with automation and AI tools preferred
  • Real estate experience required, commercial experience strongly preferred
  • Progress toward CPA certification is a plus

Responsibilities

  • Manage quarterly and annual close and financial reporting cycles
  • Prepare monthly and quarterly financial reporting packages
  • Post monthly and quarterly journal entries including accruals and amortizations
  • Perform variance analysis and provide explanations for fluctuations
  • Maintain accurate general ledger and bookkeeping records
  • Prepare work papers for audits and supporting schedules for SEC filings
  • Assist with accounting setup for property acquisitions and dispositions
  • Coordinate integration of newly acquired properties and joint ventures
  • Identify opportunities to improve accounting processes and efficiency

Benefits

  • Participation in an annual discretionary bonus program
  • Opportunities for professional development and growth within the company
Full Job Description
Acadia is currently seeking a Senior property accountant who has strong growth potential. This position will be responsible for various accounting/reporting functions for properties and entities as part of Acadia's core portfolio, opportunity fund platforms and investment management portfolio in accordance with GAAP policies. They will support a portfolio of commercial real estate properties and be responsible for a broad range of accounting and financial reporting activities.

Key Responsibilities include, but are not limited to:
  • Managing components of the quarterly and annual close and financial reporting cycles, including preparation of balance sheets and income statements
  • Preparing monthly and quarterly financial reporting packages for joint venture partners and lenders
  • Preparing and posting monthly and quarterly journal entries, including accruals, amortizations, and reclassifications
  • Performing variance analysis versus budget and prior periods, and providing explanations for key fluctuations
  • Maintaining accurate general ledger and bookkeeping records, including account reconciliations and transaction review
  • Preparation of work papers to be used in conjunction with audits
  • Preparation of footnotes and supporting schedules for quarterly and annual SEC filings
  • Supporting accounting setup for property acquisitions and closeout activities for property dispositions, such as transaction-level journal entries, account setup, and close-out procedures
  • Assist with the integration of newly acquired properties and joint ventures, including coordination with internal teams and third parties to ensure proper accounting and reporting
  • Working collaboratively with internal teams to ensure accurate reporting and compliance with GAAP and internal controls
  • Identify opportunities to improve accounting processes, efficiency, and accuracy


Qualifications
  • Bachelor's degree in Accounting and/or Finance
  • 3-5 years of professional accounting experience
  • Strong analytical skills with attention to detail
  • Self-starter able to work independently, manage priorities, and meet deadlines in a fast-paced environment
  • Strong technical aptitude, including advanced Excel skills and the ability to leverage automation and AI tools to improve efficiency and reporting, preferred
  • Progress toward CPA certification is a plus
  • Real estate experience required, commercial experience strongly preferred

The base salary compensation range for this role reflects the wide range of factors that are considered in making compensation decisions, including but not limited to, skill sets; experience and training; licensure and certifications; and other business and organizational needs. Compensation decisions are dependent on the facts and circumstances of each individual. A reasonable estimate of the current base salary range for this position is $95,000 to $115,000.

Employees may also be eligible to participate in an annual discretionary bonus program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

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