What are the responsibilities and job description for the Director of Accounting position at Bushburg Properties Inc?
Core Responsibilities:
Financial Oversight & Operations:
Supervise General Ledger, AP, AR, and Job Costing processes.
Investigate and resolve any AR and AP issues that arise.
Prepare monthly closing reports and supporting documentation.Policy & Procedure Development:
Recommend and establish policies for the company’s financial and business practices.Process Improvement:
Implement and maintain effective processes to enhance the close and reporting cycles, ensuring timely and accurate financial reporting.Financial Analysis:
Perform analytical reviews of accounting operations from the balance sheet, income statement, and cash flow perspectives.
Evaluate overall financial health and performance from a business standpoint.Payroll Management:
Monitor and record payroll activities, including processing journal entries for payrolls.Audit & Compliance:
Oversee corporate audits and prepare annual financial statements for review by an external accounting firm.
Ensure compliance with laws, rules, and regulations applicable to the company.Ad-Hoc Financial Analysis:
Provide ad-hoc analysis as required to assist the CFO with strategic decisions.Financial Reporting & Compliance:
Review and forward NY DBL/PFL payments to AP on a quarterly basis.Team Management & Development:
Manage and mentor a team of finance professionals, providing guidance and support for their professional growth.
Foster a positive, collaborative work environment that encourages skill development and continuous learning.Financial Compliance & Risk Management:
Oversee financial compliance and risk management, ensuring strict adherence to company policies, procedures, and regulatory requirements.
Continuously monitor and manage potential financial risks.Stakeholder Relationship Management:
Develop and maintain strong relationships with external stakeholders, such as investors and financial institutions, ensuring effective communication and collaboration.Process Innovation & Efficiency:
Drive process improvements and encourage innovation within the finance department to enhance efficiency, accuracy, and effectiveness.Strategic Partnership:
Act as a strategic partner to senior leadership by providing financial insights and recommendations to support strategic decision-making.Representation & Presentation:
Represent the company in financial meetings and presentations to external stakeholders, conveying financial performance and strategic initiatives.Confidentiality & Integrity:
Maintain a high level of integrity and confidentiality in handling sensitive financial information, ensuring trust and discretion.
Required Education:
Bachelor’s degree in Accounting, Finance, or related field required
CPA strongly preferred; MBA or Master’s in Accounting is a plus
Required Experience:
10–15 years of progressive accounting experience required
At least 5–7 years in a leadership or management role
Prior experience in real estate, property management, multifamily, commercial, or mixed-use portfolios strongly preferred
Experience with NYC real estate accounting, CAM reconciliations, property-level financials, lease accounting, and working with multiple entities/LLCs preferred
Experience managing month-end close, audits, budgeting, and a team of accountants
Salary : $150,000 - $175,000