Senior Accountant - Housing and Real Estate Finance

About Us

At BRC, we help New Yorkers experiencing homelessness reclaim their lives with opportunities for health, self-sufficiency, and hope, while restoring dignity and respect. We invest in our employees through growth, learning, and meaningful work across Manhattan, Brooklyn, the Bronx, and Queens, offering a wide range of benefits and a supportive team environment. Join our passionate team, make a real difference every day, and be part of a community that's building a more caring and compassionate city - apply today!

Key Responsibilities

Record and reverse monthly accrual entries for affiliated entities.

Review, reconcile, and analyze subsidiary ledgers, including Accounts Payable and Rent Receivable, ensuring accuracy and completeness.

Review monthly rent rolls and reconcile tenant rental income and subsidy revenue to the general ledger.

Maintain the lease accounting database and record monthly lease-related journal entries.

Perform reconciliations of balance sheet and expense accounts in accordance with ASC 842, ensuring agreement between the general ledger and lease accounting system reports.

Prepare and maintain monthly schedules and rollforwards for prepaid expenses, prepaid insurance, deferred rent, and other assigned accounts.

Maintain loan payable accounts and prepare related debt schedules, amortization schedules, and rollforwards.

Record, monitor, and reconcile escrow and reserve account activity.

Review general ledger transactions to identify eligible reserve and escrow drawdowns and ensure proper accounting treatment.

Execute month-end, quarter-end, and year-end close procedures in accordance with established reporting deadlines.

Analyze financial data and prepare journal entries to accurately record transactions and adjustments in the general ledger.

Prepare and analyze trial balances and financial statements for lender, investor, and syndication reporting requirements.

Assist with annual financial statement audits, including preparation of supporting schedules and audit documentation.

Prepare recurring and non-recurring journal entries and account reconciliations as assigned.

Perform other accounting and financial reporting duties as assigned.

Required Qualifications

Bachelor's degree in accounting, finance, or a related field required.

Strong knowledge of GAAP, financial reporting, account reconciliations, and month-end/year-end close processes.

Familiarity with ASC 842 lease accounting and real estate-related transactions, including loans, escrow, and reserve accounts.

Demonstrated experience with month-end and year-end close processes, account reconciliations, financial statement preparation, and general ledger maintenance.

Advanced proficiency in Microsoft Excel and experience with accounting and property management software (Yardi experience a plus).

Strong analytical, organizational, and problem-solving skills with a high attention to detail.

Proven ability to manage multiple priorities, meet deadlines, and work independently.

Excellent verbal and written communication skills.

Preferred Qualifications

Experience supporting audits and preparing financial reports for lenders, investors, and other stakeholders preferred.

Knowledge of affordable housing programs and nonprofit accounting is a plus.

Schedule

Monday-Friday 9am-5:30pm

Hybrid - 3 days in office

Benefits

Competitive health and dental plans, with coverage available for your spouse, domestic partner, and dependents

Minimum of 3 weeks paid vacation, 12 paid holidays, plus additional paid sick and personal time

403(b) retirement plan with BRC matching contributions

Tuition assistance and a variety of career development and training opportunities

Flexible Spending Accounts (FSAs) for healthcare, transit, and childcare expenses

Free resources for legal, financial, and personal support