About this opportunity
Ascendo Resources lists this Senior Property Accountant opportunity in queens, New York. Review the employer’s description below for duties, qualifications and application requirements.
Job description
Ascendo Resources is currently seeking a Senior Property Accountant for a full-time, on-site role. Salary range is from $120,000 to $140,000 a year.
Our client is a well-established real estate development company with over 30 years in business and 8 million+ square feet developed and owned across New York City. The firm manages a diverse portfolio spanning commercial retail, residential condominiums, and privately held investment properties.
About the Role
This hybrid role requires an accountant comfortable managing multiple funding structures — from condominium board operating/reserve funds to private equity owner books and complex commercial triple-net (NNN) leases — while maintaining clarity across multiple general ledgers (accrual/cash).
Key Responsibilities
Mixed-Portfolio Financial Management
Prepare monthly and quarterly financial statement packages for commercial, residential condo, and private investor assets
Maintain distinct books, separating Condominium Association funds (operating and reserves) from private owner/entity accounts
Perform monthly bank reconciliations and manage cash positions across multiple entities and bank accounts
Execute monthly budget-to-actual variance analysis and provide financial commentary to property managers, owners, and Condo Boards
Coordinate with internal teams and external auditors for lender compliance, year-end closing, and tax filings
Commercial CAM Reconciliations & Revenue Accounting
Perform annual and mid-year CAM, real estate tax, and insurance reconciliations for commercial and retail tenants
Interpret financial clauses from commercial leases, including pro-rata shares, expense caps, and base rent escalations
Calculate and bill monthly rent, escalations, recoveries/reimbursements, and monitor percentage rent where applicable
Residential Condo & Private Property Operations
Oversee recurring billings including common charges, maintenance fees, special assessments, and rent roll tracking
Process and track security deposits in compliance with legal interest and escrow requirements
Review property-level accounts payable, ensuring accurate GL coding across OpEx and CapEx
Board Support, Budgeting & Compliance
Partner with Property Management teams on annual operating and reserve budgets for Condo Associations and private portfolios
Prepare financial packages and schedules for annual Condo Board meetings
Qualifications
Bachelor's degree in Accounting, Finance, or a related field
3+ years of property accounting experience with commercial, residential condo, or mixed-use assets
Strong knowledge of accrual accounting, fund accounting (for reserves), and commercial escalation logic
Proficiency in real estate accounting systems (Yardi Voyager, MRI, RealPage, QuickBooks, or AppFolio)
Strong Excel skills (Pivot Tables, VLOOKUP/XLOOKUP)
Ability to interpret legal lease and condo declaration documents
Excellent communication skills for interfacing with asset managers, property teams, and board members
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.