Property Accountant

Date: March 21, 2024

The successful Property Accountant at the Wavecrest Management will first and foremost be extremely reliable, pro-active and provide professional level accounting support to external parties. The Property Accountant is responsible for all the financial reporting and accounting of about 50 entities.

This position addresses tight deadlines and an assortment of accounting activities including, but not limited to: approval of all AP invoices; general ledger preparation; financial and investor reporting; year-end audit preparation; RPIE submission; property tax appeals, preparation of budgets; quarterly reports; daily communication with owners and investors. Supervising of Property Bookkeeper in ensuring all recordkeeping is current and accurate.

  • Full Time Position
  • Salary Range $68,000 – 75,000 Annually
  • Monday – Friday 9AM – 5PM

We are a third-party management company and knowledge in low-income housing is preferred.

Job Responsibilities: Essential Duties, and Responsibilities:

  • Manage Full-Cycle accounting for a real estate portfolio with limited supervision
  • Provide accurate and timely financial information as required internally by management and externally by investors and other parties
  • Have full involvement, responsibility, and accountability for their portfolio, which includes all monthly, quarterly, annual, and other duties as detailed in the job responsibilities.
  • Budget Preparation and monthly variance analysis
  • Year end audit preparation packages
  • Supervisory of one or two bookkeepers for record purposes
  • Utilize and develop skills such as problem solving, decision-making, time management and effective communication to achieve the desired results
  • Monitor cash positions and anticipate future cash deficiencies

Required Knowledge, Skills, and Abilities:

  • Experience with BJM, Yardi
  • Affordable housing experience a plus.
  • Proficient in Excel and other Microsoft applications
  • Excellent verbal and written communication skills.
  • Proactive work ethic and attention to detail.
  • Must be upbeat, polite, courteous and tactful.
  • Superior Customer Service skills required.
  • Proven ability to operate selflessly as part of a dynamic team.
  • Prior supervisory experience.
  • Proven ability to multi task.
  • Prior experience in a fast-paced environment.

Compensation and Benefits:

  • Tiered Medical, Dental, Vision Insurance plans offered
  • Commuter Benefits if applicable
  • Located in the heart of Richmond Hill\ (two blocks from the train station; bus stop directly in front of office)
  • On Site parking offered once qualified

Education and Experience:

  • BA/BS in Business with an emphasis in Accounting/Finance.
  • Minimum two years of Real Estate experience
  • Experience working in real estate Accounting/Finance, preferably multi-family (low income)
  • Proficient in Excel Word and Microsoft outlook
  • Ability to multi-task in a fast-paced environment.
  • Strong verbal and written communication skills.
  • Strong interpersonal and customer service skills

*Wavecrest Management, provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics. In addition to federal law requirements, The Wavecrest Management complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

Location: Queens, New York