Senior Accountant

Location Designation: Hybrid - 3 days per week 

When you join New York Life Investments, a wholly owned subsidiary of New York Life Insurance Company, you are joining a global investment company with a long history and passion for career development, innovation, collaboration, and diversity, equity and 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. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.

As a top 25 global asset management firm with more than $600 billion in assets under management, we have an important mission: to help build a better financial future for our clients, our employees, and our communities. We invite you to bring your talents to New York Life Investments, so we can continue to help people achieve their financial aspirations. 

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.

The Real Estate Accountant is responsible for ensuring the financial integrity and timely reporting of equity real estate, including funds, property, asset, joint venture, debt compliance, GIPs, NCREIF and investor account financials. The role will work closely  with Portfolio and Asset Management groups, as well as New York Life internal accounting and audit teams.

Responsibilities Include:

• Ensures accurate and timely financial information is provided, as necessary, to internal management, external auditors, internal auditors, and external clients
• Provides Investment oversight to our property managers
• Reconciliation between custodian banks and accounts, pricing, real estate reporting to the clients, appraisal adjustments and is the point person for their project’s audit
• 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 as requested by senior management

Qualifications: 

• Undergraduate degree in Accounting or Finance preferred
• 4-7 years of accounting experience preferred
• Experience with property level, fair market value, historical cost GAAP accounting, Statutory Accounting, and tax reporting a plus
• Yardi experience a plus
• Experience with corporate accounting and SOX reporting
• Ability to evaluate, document, and implement best in class policies and procedures
• An advanced degree or CPA designation preferred
• Excellent verbal and written communication, and organizational skills
• Must be detail oriented and be able to work under the pressure of deadlines
• 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

#LI-AM1

Salary range: $80,000 - $125,000 

Overtime eligible: Exempt 

Discretionary bonus eligible: Yes 

Sales bonus eligible: No 

Click here to learn more about our benefits. Starting salary is dependent upon several factors including previous work experience, specific industry experience, and/or skills required.

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 the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. 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: 90030