Real Estate Accounting Associate

APPLY NOW »

Date: Jul 8, 2021

Location: New York, NY, US

Company: New York Life Insurance Co

 

When you join New York Life, you’re joining a company that values development, career growth, collaboration, innovation, and diversity & inclusion. We want employees to feel proud about being part of a company that is committed to doing the right thing. Through various resources and programs, you can grow your career while developing personally and professionally.

 

 

 

Position Background:

New York Life Real Estate Investors (“NYL REI”) is the real estate investment management division of New York Life Investments. NYL REI manages a portfolio in excess of $50 Billion which includes real estate debt, real estate equities and real estate securities.  The equity portfolio includes assets held in New York Life’s general account, separate accounts, an open-end core fund, closed end value add funds, and co-investments with REIT vehicles. We are seeking an associate accounting professional responsible for financial accounting and reporting for the equity real estate portfolio.

 

This opportunity requires developing an in-depth knowledge of the real estate industry and excellent technical ability. The position is responsible for ensuring the financial integrity and timely reporting of equity real estate, including home office, property, asset, joint venture, and general account reporting. 

 

Requirements

  • 3+ years of accounting experience
  • Experience with corporate real estate, property level, historical cost GAAP accounting, Statutory Accounting, and tax reporting a plus
  • Yardi experience
  • Undergraduate degree, accounting major preferred
  • Experience with financial, investor and performance reporting
  • Ability to evaluate, document, and implement best in class policies and procedures
  • An advanced degree or CPA designation preferred

 

Reporting Structure:

  • Reports to Manager and/or Director and partners with teams in multiple locations.
  • Coordinates with Portfolio and Asset Management and with New York Life internal accounting and audit teams  

 

Responsibilities:

Financial Reporting

  • Ensures accurate and timely financial information is provided, as necessary, to internal management, external auditors, internal auditors, and external clients
  • Addresses and responds to specific financial requests made by Real Estate Officers regarding investment performance and property financial statements
  • Maintain and enhance accounting procedures and internal control systems
  • Ensures timely payments are processed accurately
  • Other projects and analysis as requested by senior management

 Additional skills:      

  • Excellent verbal and written communication, and organizational skills
  • Must be detail oriented and be able to work under the pressure of deadlines
  • Must be a self-starter and be able to work in a team environment
  • Must be able to effectively interact with all levels of Company personnel, as well as external professionals.
  • Willingness to learn and thrive in a team orientated environment

 

 

Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by our Foundation. We invite you to bring your talents to New York Life, so we can continue to help families and businesses “Be Good At Life.” To learn more, please visit LinkedIn, our Newsroom and the Careers page of www.NewYorkLife.com.

Job Requisition ID: 83474

 

 

 


Job Segment: Real Estate, Realtor, Accounting, Social Media, Equity, Sales, Finance, Marketing