A Director of Accounting oversees all financial operations of a company or organization. They manage accounting staff, oversee financial reporting, and develop and implement accounting policies and ensure compliance with tax and accounting regulations.
Director of Property Accounting at Hays Director of Property Accounting at Hays in Sunnyside, New York Posted in 4 days ago.
Type:
full-time
Job Description:
We are looking for an experienced Director of Finance to lead and oversee the accounting operations for a fast-paced real estate organization. This role involves managing financial reporting, ensuring compliance, and supporting multiple aspects of property operations. The position is full-time in-office, based in Manhattan. This position pays $180,000-$210,000/year plus discretionary bonus and come with PTO, medical & dental, and a 401k matching program. You must have experience using Yardi Yoyager and with Class A office buildings in NY.
Key Responsibilities:
Financial Management & Reporting Oversee the accounting function by establishing and maintaining robust internal controls to ensure data accuracy and integrity. Ensure financial reporting meets regulatory standards, partnership obligations, lender requirements, and debt covenant compliance. Prepare and review consolidated financial statements, reporting packages for investors and lenders, and documentation for capital distributions; lead regular reporting meetings. Support year-end audits and work closely with external auditors to complete financial statements. Develop and update annual budgets and periodic forecasts. Review general ledger activity, process journal entries, calculate accruals, and maintain balance sheet schedules; approve adjustments, daily cash postings, rent rolls, and accounts payable classification. Reconcile bank statements monthly, monitor cash positions, manage loan draws and distribution allocations, track security deposits and letters of credit, and ensure accurate and timely payment of management fees. Analyze monthly income statements and balance sheets, oversee debt service payments and reserve tracking, and prepare supporting compliance reports. Examine leases, operating agreements, loan documents, management contracts, and other agreements for accuracy and compliance. Review funding and payment requests to ensure proper documentation, authorization, and adherence to internal procedures. Prepare reconciliations for real estate taxes and CAM charges, and act as the primary contact for tax-related matters. Compile year-end workpapers for tax filings and ensure compliance with sales and regulatory tax obligations; prepare 1099s annually. Collaborate across departments to foster teamwork and efficient workflow. Continuously evaluate and enhance accounting processes to improve efficiency and accuracy.
Qualifications:
Bachelor's degree in Accounting, Finance, or related field. 7+ years of progressive accounting experience, with at least 5 years in a property controller or equivalent role managing high-volume commercial or retail properties. Proven supervisory experience is required. Minimum of 3 years working with property accounting systems (e.g., Yardi Voyager, Job Cost, Elevate). Strong leadership skills with experience coaching, mentoring, and managing teams. Excellent communication skills-clear, professional, and confident in interactions across all levels. Strong analytical, problem-solving, and organizational abilities. Solid understanding of
US GAAP, FASB
standards, and core accounting principles. Advanced Excel skills and proficiency with Microsoft Office applications. Ability to adapt quickly and manage multiple priorities in a fast-paced environment. To apply, please click the link provided to send your resume!
