Property Accountant - Greystone & Co., Inc.

February 20, 2018

Greystone & Co., Inc.

New York, New York 10019

Greystone and Co., Inc. and its affiliates is a financial services and private investment group and one of the nation’s leading providers of commercial mortgages for multifamily and healthcare properties. We offer a comprehensive line of real estate finance products for our clients. Greystone seeks leaders and team players, candidates who can work in a collaborative environment and possess drive, integrity, creativity, compassion and a strong work ethic.


We are seeking an Accountant in the New York City area who will be responsible for ensuring the integrity of accounting information by verifying, recording, consolidating and maintaining the sets of books of our Real Estate entities while also supporting the accurate and timely generation of financial reporting to senior management.


Principal Duties and Responsibilities:


  • Review of reporting packages prepared by third-party management companies including but not limited to rent rolls, prepaid schedules, check registers, etc.;
  • Assist/Prepare lease abstract and Deferred Rent Schedules for retail tenants;
  • Responsible for mapping third-party management company reports to the accounting system for monthly financial reporting;
  • Ability to develop and maintain property budgets and forecasts;
  • Oversight of commercial tenant rent billings and CAM charges including periodic expense reimbursement reconciliations;
  • Monitor periodic reporting requirements due to external lenders and partners;
  • Assist in opening necessary operating bank accounts in accordance with lender/partner requirements
  • Implement/enforce a process for invoice approval and payment with third party management companies;
  • Review lender/partner waterfalls and ensure sufficient funds to cover operating expenses;
  • Act as the primary contact for in-house rental property matters;
  • Post cash transactions daily and prepare daily reconciliations of bank accounts
  • Assist in preparing month-end closing binder and various reports for management.
  • Perform general ledger and sub-ledger account reconciliations, including analysis of trends and exceptions and ascertain accurate support and documentation
  • Update and/or create supporting schedules for all Balance Sheet and Profit and Loss accounts
  • Perform monthly analyses of balance sheet, income statement and changes in financial position
  • Special projects as required

Experience, Skills and Abilities Required:


  • Minimum 3-5 years experience in Property Management Accounting or similar capacity
  • Must have strong work ethics
  • Effectively manages multiple assignments
  • Proactive in identifying and resolving issues
  • Strong analytical and excellent problem-solving skills
  • Must have strong organizational and time management skills
  • Must be highly self-motivated pursuing continuous improvement to develop a comprehensive understanding of the business
  • Excellent oral and written communications skills
  • Must be effective communicator with all levels of employees, including senior management
  • Ability to work independently and with a team with emphasis on accuracy and timeliness
  • Strong computer skills with proficiency in Microsoft Excel, Microsoft Word and Adobe Acrobat
  • Strong knowledge of U.S. GAAP
  • Navision GL accounting system experience is a plus