Senior Property Accountant

• Under direct supervision from the Assistant Controller/Manager, responsible for
• accounting duties of a complex nature in support of accounting functions for a
• portfolio of properties. Responsible for the preparation of monthly financial
• reporting including but not limited to; journal entry calculation and posting,
• accruals, balance sheet account analyses, and bank reconciliations. Interacts
• closely with internal and external clients responding timely and accurately to
• any inquiries.

• Newmark’s client accounting professionals provide services for a variety of
• investor and corporate properties, including high-end retail, commercial and
• industrial portfolios.

• Benefits of working in Real Estate Accounting for Newmark include flexible work
• arrangements, including hybrid work schedule.  Annual department wide
• morale/recognition event and team building events, and a comprehensive benefits
• package.

• Complete full-cycle accounting for a portfolio of commercial real estate

properties.

• Responsible for the preparation of the daily, monthly, quarterly and annual

financial/accounting activities and all financial statements and reporting.

• Provide a high level of customer service to the property managers and clients

associated with your portfolio of properties.

• You will be part of the development of new process improvements and the

ability to train new employees as needed, leveraging your advanced accounting

skills.

• Work closely with Controller/Assistant Controller on day-to-day functions.
• Mentor and develop newer accounting team members to ensure growth and cross

training within the department.

• May be asked to review reports prepared by other property accountants to

ensure accuracy and completeness.

• May Assist property managers with budget preparation.
• May Assist property managers with CAM reconciliations or be responsible for

completing the CAM reconciliations or calculating and posting

monthly/quarterly CAM true-up entries

• Responsible for assisting with client audits by providing requested documents

and answering questions.

• Responsible for providing internal audit samples for SOC1 audit
• Coordinates accounting matters with other departments, locations and

divisions.

• Partners with property managers to ensure financials are accurate and

delivered timely, directly impacting client satisfaction.

• Ensures all expenses, receipts, distributions, funding requests, and other

accounting transactions for the period are accurately recorded.

• Reviews and audits financial information to ensure compliance with

established procedures and accounting principles.

• Responds to and resolves issues and requests from property management teams

• and clients. Research open accounting issues and recognizes potential issues
• and/or conflicts and implements solutions.

• May participate in budget and forecasting functions for assigned property

portfolio.

• Participating in accounting consulting assignments for our clients and

assists in the on-boarding and transition of properties.

SKILLS, EDUCATION AND EXPERIENCE

• Bachelor’s degree required, preferably in accounting or equivalent

experience.

• Minimum of 3-5 years of previous accounting experience.
• Proficient in Microsoft Office Suite applications, including Microsoft Excel

and Outlook

• Experience with a computerized ERP system required, experience with Yardi or

MRI system a plus.

• Experience with full-cycle accounting and the preparation of financial

statement packages.

• Effective interpersonal, verbal and written communication skills.
• Understanding of Generally Accepted Accounting Principles (GAAP) and

Financial Accounting Standards Board (FASB) regulations.

• Works effectively in a team environment through collaboration and

• partnership. Customer service oriented with an aspiration to succeed with the
• client in mind.

• Ability to analyze and problem solve effectively by offering solutions to

resolve issues.

• Ability to read and understand complex documents such as lease agreement and

property management agreements.

• May perform other duties as assigned

• Working Conditions: Normal working conditions with the absence of disagreeable
• elements.

• Note: The statements herein are intended to describe the general nature and
• level of work being performed by employees and are not to be construed as an
• exhaustive list of responsibilities, duties, and skills required of personnel so
• classified.

• Newmark is an Equal Opportunity/Affirmative Action employer.  All qualified
• applicants will receive consideration for employment without regard to race,
• color, religion, sex including sexual orientation and gender identity, national
• origin, disability, protected Veteran Status, or any other characteristic
• protected by applicable federal, state, or local law