What are the responsibilities and job description for the VP of Property Accounting position at Abacus Group, LLC?
Our client is a real estate firm. They seek a VP of Property Accounting to join their Manhattan, NY office.
Responsibilities
- Oversee the preparation and review of monthly, quarterly, and annual financial statements, footnotes, and schedules
- Coordinate audit and tax processes with external accountants, ensuring accurate and on-time audited financials and investor tax reporting
- Partner with Investor Relations to review and approve limited partner communications, including capital calls, distributions, and partner statements
- Analyze complex transactions and collaborate with the CFO, CAO, acquisitions, and asset management teams
- Evaluate property-level and portfolio analytical reports, providing variance analysis and financial insights
- Manage relationships with external fund administrators and outsourced accounting teams
- Interpret governing documents and side letters to apply allocation mechanics, fee calculations, carried interest, and related legal terms
- Collaborate with investment, valuation committees, and asset management on quarterly asset valuations, forecasts, and budgets
- Strengthen internal controls, accounting processes, and technology through automation initiatives and policy compliance
- Lead and develop accounting staff while responding to investor and management inquiries with strategic analysis and special project support
Requirements
- 7-10 years of relevant experience
- Combo or private experience
- Real estate experience is required
- Exposure to real estate funds is a plus
- Ability to multitask and manage multiple projects
- Excellent communication skills
- Detail-oriented and highly analytical
JobID: 47924