Sr Property Financial Analyst

Vornado Realty Trust

$85K — $95K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Strong Microsoft Excel skills
  • Strong analytical and organizational skills
  • Good interpersonal and communication skills
  • Ability to prioritize and multi-task effectively
  • College degree in Accounting
  • CPA preferred
  • 3+ years of current accounting experience in commercial real estate or at a medium/large CPA firm

Responsibilities

  • Manage general ledger accounting for multiple properties
  • Review monthly budget vs. actual variance reports and provide explanations
  • Prepare detailed quarterly and year-end work papers
  • Handle external joint venture financial reporting
  • Prepare audited financial statements for partners and lenders
  • Ensure compliance with debt requirements and manage reserve draws
  • Reconcile intercompany accounts

Benefits

  • Location in the vibrant and accessible Paramus, NJ area
  • Work with a well-established and reputable firm in the real estate sector
  • Opportunities for professional development and growth
  • Engagement with a diverse set of stakeholders including auditors and joint venture partners
Full Job Description
Vornado's NY Office Accounting group is seeking a Senior Property Financial Analyst to work in the Paramus location. The Senior Property Financial Analyst is responsible for assisting in the processes necessary to meet monthly internal reporting requirements, quarterly SEC reporting requirements, Joint Venture reporting requirements, and quarterly lender reporting requirements.

Primary Duties and Responsibilities:
  • Responsible for general ledger accounting for several properties
  • Review monthly budget to actual variance reports and prepare variance explanations
  • Prepare detailed quarterly and year end supporting work-papers
  • External joint venture financial reporting
  • Preparation of audited financial statements for joint venture partners and lenders
  • Debt compliance; reserve draws
  • Reconciliation of intercompany accounts
  • Interface with the company's internal and external auditors
  • Oversee the completion of ad-hoc reports and analyses as needed
  • Interface with personnel throughout the company to maintain the proper flow of information
  • Assist in preparation of annual budgets and quarterly re-forecasts

Job Qualifications:
  • Strong Microsoft Excel skills
  • Strong analytical and organizational skills
  • Good interpersonal and communication skills
  • Ability to prioritize and multi-task while still exhibiting good judgment and poise in a somewhat fast paced environment

Education/Experience:
  • College Degree in Accounting
  • CPA preferred
  • Current accounting experience, preferably in the commercial real estate industry or in a medium or large CPA firm for 3 or more years.

The starting base salary for this New Jersey based position is expected to be between $85,000 to $95,000 annually. Actual salary will be determined based on skills, experience (to the extent relevant) and other job-related factors, consistent with applicable law.

Vornado Realty Trust is not offering reimbursement for relocation expenses for this position located in our Paramus, NJ office.

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