Senior Property Accountant

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.

Please double check you have the right level of experience and qualifications by reading the full overview of this opportunity below.
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 RoleThis 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 ResponsibilitiesMixed-Portfolio Financial ManagementPrepare monthly and quarterly financial statement packages for commercial, residential condo, and private investor assetsMaintain distinct books, separating Condominium Association funds (operating and reserves) from private owner/entity accountsPerform monthly bank reconciliations and manage cash positions across multiple entities and bank accountsExecute monthly budget-to-actual variance analysis and provide financial commentary to property managers, owners, and Condo BoardsCoordinate with internal teams and external auditors for lender compliance, year-end closing, and tax filingsCommercial CAM Reconciliations & Revenue AccountingPerform annual and mid-year CAM, real estate tax, and insurance reconciliations for commercial and retail tenantsInterpret financial clauses from commercial leases, including pro-rata shares, expense caps, and base rent escalationsCalculate and bill monthly rent, escalations, recoveries/reimbursements, and monitor percentage rent where applicableResidential Condo & Private Property OperationsOversee recurring billings including common charges, maintenance fees, special assessments, and rent roll trackingProcess and track security deposits in compliance with legal interest and escrow requirementsReview property-level accounts payable, ensuring accurate GL coding across OpEx and CapExBoard Support, Budgeting & CompliancePartner with Property Management teams on annual operating and reserve budgets for xzbcwsv Condo Associations and private portfoliosPrepare financial packages and schedules for annual Condo Board meetings
QualificationsBachelor's degree in Accounting, Finance, or a related field3+ years of property accounting experience with commercial, residential condo, or mixed-use assetsStrong knowledge of accrual accounting, fund accounting (for reserves), and commercial escalation logicProficiency 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 documentsExcellent communication skills for interfacing with asset managers, property teams, and board members