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Real Estate Finance Supervisor
Real Estate Finance SupervisorVolunteers of America Greater New York • New York, NY, United States
Real Estate Finance Supervisor

Real Estate Finance Supervisor

Volunteers of America Greater New York • New York, NY, United States
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Volunteers of America-Greater New York (VOA-Greater New York) is an anti-poverty organization working to end homelessness in the New York area by 2050. We operate over 60 programs across New York City, Northern New Jersey and Westchester County including emergency, transitional and permanent housing. Our services extend to families experiencing homelessness, survivors of domestic violence, people living with HIV / AIDS, veterans, youth aging out of foster care, adults with behavioral health or substance use needs , and others in need, including a special education preschool program.

We are in search of new talent in the following position...

Position : Real Estate Finance Supervisor (Hybrid Remote)

The Real Estate Finance Supervisor manage general ledger accounting functions and the timely production of accurate internal and external monthly / quarterly operating statements for the partnerships and related entities of VOA-GNY. Support the Controller in property performance analysis; prepare property budgets; annual external audits and funder compliance reporting. Responsible for day-to-day management and supervision of two Senior Real Estate Accountants. Support Controller in the preparation of interim financial statements (monthly and quarterly for Finance Committee) and GAAP Financial Statements and related footnote disclosures.

Location : New York, NY 10020

Minimum Qualifications :

  • Bachelor's degree in accounting
  • 5-years low-income real estate experience (development / construction accounting is a plus) with at least 3 years of demonstrative supervisory experience, or satisfactory combination of education and experience.
  • Financial accounting expertise in accordance with U.S. GAAP standards.
  • Strong interpersonal skills and the ability to effectively communicate.
  • Strong working knowledge of Yardi, Excel, Word, & PowerPoint is required.
  • Experienced in writing internal policies and procedures.

Real Estate Finance Supervisor Principal Responsibilities :

  • Manage residential accounting team and work closely with the Asset Manager / Operations Team.
  • Prepare / review monthly, quarterly and annual financial statements (including variance analysis reports) as well as distribution to appropriate personnel.
  • Manage annual audits, budget preparation and new lease abstracts.
  • Review and assist with preparation of month end close workpaper package inclusive of bank reconciliations, accruals, prepaid rents, fixed asset schedules including GAAP adjustments.
  • Analyze daily cash balance and submission of escrow / reserve reimbursement.
  • Review / approve monthly closing journal entries, invoices, PO and cash receipts postings.
  • Review leases, maintain schedule of leases as well as prepare year-end lease obligation.
  • Review and account for construction activity and capital improvements.
  • Review monthly funding draw submission to lenders, investors and governing agencies
  • Maintain compliance with partnership agreements, loan agreements for the related entities and Low-Income Housing Tax Credit (LIHTC) standards.
  • Under supervision of the Controller, prepare schedules required by VOA-GNY's Related Entities' debt covenants.
  • We are committed to offering our employees an exceptional comprehensive benefits package that supports their health, well-being, and personal growth. Full-time employees enjoy :

  • Medical, Dental, & Vision Coverage
  • Prescription Coverage
  • Life Insurance
  • Retirement Plan
  • Tuition Reimbursement
  • Paid Time Off, including a Paid Birthday Holiday
  • And much more!

    Please note : Benefits for part-time employees may vary.

    To learn more about VOA-Greater New York, copy and paste this link into a browser : https : / / www.voa-gny.org / about

    VOA-Greater New York is an Equal Opportunity Employer / Vets / Disabled / Other Protected Categories. Apply today!

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    Real Estate • New York, NY, United States

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