Related Companies
Responsibilities
The Manager role will work within the Commercial Accounting group. The Commercial Accounting group is responsible for the daily accounting operations of Related’s commercial portfolio which covers retail, office, condominium, restaurant and experiences areas. The group’s responsibilities include internal and external management reporting, debt and partner compliance as well as interacting with lease administration, treasury and information technology.
The Manager will be responsible for the day-to-day oversight and preparation of financial reporting, daily and period-end accounting activities, performing general ledger financial analysis, cash management, cash flow analysis, assisting with preparing financial items, preparing quarterly and annual projections, and analyzing monthly and year-to-date budget variances for the 50 Hudson Yards and 55 Hudson Yards office properties. 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 company-wide 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 Manager will report to the property Controller, have oversight of senior accountants and will be based in our New York office.
Assist in the daily accounting for the various activities and transactions
Review and analyze the general ledger, financial statements and prepare appropriate accrual and adjusting journal entries in accordance with GAAP
Review monthly bank reconciliations
Prepare financial statement analysis for management and partners on a GAAP basis
Collaborate with controller and business executives on monthly cash flow forecasting
Prepare detailed monthly, quarterly and year-end work paper packages from posted journal entries and general ledger analysis
Assist in the preparation of annual audited financial statements on GAAP basis
Assist with preparation of yearly budgets and quarterly forecasting
Create reporting templates, formulate analysis using applications such as Excel, and Yardi accounting software and participate in various business process/technology integration initiatives
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: $110,000 - $130,000
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.
Qualifications
Bachelor’s degree in Accounting
5+ 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
Mature professional with sound judgement and interpersonal skills
Proficiency with standard suite of Microsoft Office applications, especially Excel
Knowledge of Yardi a plus
Ability to handle multiple tasks and work independently with attention to details
Overview Formed in 1972, Related is the most prominent privately-owned real estate firm in the United States. Headquartered in New York City, the company has offices and major developments across the world. Related owns and manages a premier portfolio of assets valued at over $70 billion, including the 28-acre Hudson Yards neighborhood on Manhattan’s West Side. Related believes in investing in its talent and cultivates a positive, team-oriented environment where every voice is valued. Employees are encouraged to boldly take on new challenges, transcend the status quo, and demonstrate strong entrepreneurial spirit. In its relentless commitment to excellence, Related works to foster an innovative approach in its team members so that they can positively impact the communities in which they conduct business. Learn more about Related at www.related.com.
Related is an equal opportunity employer.
For information about how we use your personal information, including information submitted for career opportunities, please review our Privacy Policy.
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The Manager will be responsible for the day-to-day oversight and preparation of financial reporting, daily and period-end accounting activities, performing general ledger financial analysis, cash management, cash flow analysis, assisting with preparing financial items, preparing quarterly and annual projections, and analyzing monthly and year-to-date budget variances for the 50 Hudson Yards and 55 Hudson Yards office properties. 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 company-wide 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 Manager will report to the property Controller, have oversight of senior accountants and will be based in our New York office.
Assist in the daily accounting for the various activities and transactions
Review and analyze the general ledger, financial statements and prepare appropriate accrual and adjusting journal entries in accordance with GAAP
Review monthly bank reconciliations
Prepare financial statement analysis for management and partners on a GAAP basis
Collaborate with controller and business executives on monthly cash flow forecasting
Prepare detailed monthly, quarterly and year-end work paper packages from posted journal entries and general ledger analysis
Assist in the preparation of annual audited financial statements on GAAP basis
Assist with preparation of yearly budgets and quarterly forecasting
Create reporting templates, formulate analysis using applications such as Excel, and Yardi accounting software and participate in various business process/technology integration initiatives
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: $110,000 - $130,000
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.
Qualifications
Bachelor’s degree in Accounting
5+ 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
Mature professional with sound judgement and interpersonal skills
Proficiency with standard suite of Microsoft Office applications, especially Excel
Knowledge of Yardi a plus
Ability to handle multiple tasks and work independently with attention to details
Overview Formed in 1972, Related is the most prominent privately-owned real estate firm in the United States. Headquartered in New York City, the company has offices and major developments across the world. Related owns and manages a premier portfolio of assets valued at over $70 billion, including the 28-acre Hudson Yards neighborhood on Manhattan’s West Side. Related believes in investing in its talent and cultivates a positive, team-oriented environment where every voice is valued. Employees are encouraged to boldly take on new challenges, transcend the status quo, and demonstrate strong entrepreneurial spirit. In its relentless commitment to excellence, Related works to foster an innovative approach in its team members so that they can positively impact the communities in which they conduct business. Learn more about Related at www.related.com.
Related is an equal opportunity employer.
For information about how we use your personal information, including information submitted for career opportunities, please review our Privacy Policy.
#J-18808-Ljbffr