Vice President, Residential Accounting

Related

$200K — $225K *
Real Estate & Construction
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting
  • 15+ years of real estate experience, CPA preferred
  • Public accounting experience preferred
  • Strong knowledge of GAAP/accounting theory
  • Excellent written and communication skills
  • Strong analytical ability
  • Proficiency with MS Office, especially Excel
  • Knowledge of JD Edwards a plus

Responsibilities

  • Lead a team in accounting for building operations and transactions
  • Review and analyze the general ledger for accuracy
  • Ensure timely completion of financial work paper packages
  • Prepare financial statements and analysis for management
  • Collaborate with executives on cash flow forecasting
  • Assist in preparing annual audited property financial statements
  • Participate in budget preparation and quarterly forecasting

Benefits

  • Discretionary bonus incentives
  • Comprehensive benefits package
  • Hybrid office schedule
  • Dynamic work environment
Full Job Description
Responsibilities

The Vice President will oversee the Residential Accounting group. The Residential Accounting group is responsible for the performance of all accounting functions associated with Related's market based residential portfolio within the domestic US. The group's responsibilities include internal and external management reporting, debt and investor compliance as well as interacting with the Treasury, Information Technology and Lease Administration groups.

The Vice President will be responsible to lead a team of 17 accounting professionals through the financial reporting process, monthly accounting activities, property performance and budget variance analysis and cash management activities. This position also involves collaboration with the Corporate finance team and senior business leaders to produce a variety of high quality financial reports that are used companywide for reporting, analysis and planning. 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 Vice President will report to the Chief Accounting Officer and will be based in our New York City office on a hybrid office schedule.

Responsibilities include but are not limited to:

  • Lead an experienced team in properly accounting for various building operations and transactions
  • Review and analyze the general ledger ensuring appropriate accrual, cash and adjusting journal entries are recorded timely
  • Ensure detailed monthly, quarterly and year-end work paper packages are completed
  • Prepare financial statements and analysis for management and partners on a GAAP and cash basis
  • Collaborate with business executives on cash flow forecasting
  • Preparation of annual audited property financial statements on a GAAP basis
  • Assist with preparation of yearly budgets and quarterly forecasting
  • Create reporting templates, formulate analysis to generate efficiencies and participate in various business process/technology integration initiatives
  • Assist with special projects, as needed

Qualifications

  • Bachelor's degree in Accounting
  • 15+ years of real estate experience, CPA preferred
  • Public accounting experience preferred
  • Strong knowledge of GAAP/accounting theory
  • Working knowledge of cash basis accounting principles
  • Excellent written and communication skills
  • Strong analytical ability
  • Mature professional with sound judgement and interpersonal skills
  • Proficiency with standard suite of Microsoft Office applications, especially Excel
  • Knowledge of JD Edwards a plus
  • Ability to handle multiple tasks and work independently with attention to details

Compensation

The anticipated base salary range for this position is listed below. In addition to a competitive base salary, you will be eligible to receive discretionary bonus incentives and a comprehensive benefits package.

Anticipated base salary range: $200,000 - $225,000

Actual base salary within the anticipated range will be determined by several components including, but not limited to, the individual's experience, skills, qualifications, and market factors.

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