Newmark · 7 hours ago
Senior Property Accountant
555 Perkins Ext, Memphis, TN, 38117, US
Full-time
Hybrid
Mid, Senior Level
$67K/yr - $72K/yr
3+ years expNewmark is a company that provides accounting services for a variety of investor and corporate properties. They are seeking a Senior Property Accountant who will be responsible for full-cycle accounting for a portfolio of commercial real estate properties, including preparation of financial statements and ensuring client satisfaction through accurate financial reporting.
AdviceCommercial Real EstateConsultingFinancial ServicesLeasingLogisticsProperty ManagementReal EstateReal Estate BrokerageRetail
Responsibilities
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
Qualification
Required
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
A valid real estate license is required in states where work is performed
Preferred
Bachelor's degree in accounting, finance, related field, or equivalent experience
Minimum of 1-3 years of previous accounting experience
Understanding of Generally Accepted Accounting Principles (GAAP)
Proficient in Microsoft Office Suite applications
Experience with computerized accounting systems, specifically Yardi and/or MRI, a plus but not required
Effective interpersonal, verbal, and written communication skills
Works effectively in a team environment through collaboration and partnership
Customer service-oriented mindset
Ability to analyze and problem solve effectively
Benefits
Flexible work arrangements
Hybrid work schedule
Annual department wide morale/recognition event
Team building events
Comprehensive benefits package
Discretionary bonuses
Short- and long-term incentives
Company
Newmark
Newmark is a commercial real estate company that offers real estate brokerage, leasing, and property management services.
5001-10000 employees
H1B Sponsorship
Newmark has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2024 (1)
2023 (2)
2022 (5)
2021 (2)
Funding
Current Stage
Public CompanyTotal Funding
$4.4BKey Investors
JP Morgan
2025-09-04Post Ipo Debt· $425M
2025-04-24Post Ipo Debt· $203.91M
2025-02-27Post Ipo Debt· $450M
Leadership Team
Barry Gosin
Chief Executive Officer
Christina Clark
Vice Chairman
Recent News
MarketScreener
2025-12-16
Company data provided by crunchbase