Description
Headquartered in New York with a nationally-scaled platform, RXR is a 450+ person, vertically integrated investment manager with expertise in a wide array of value creation activities, including acquisitions, asset and portfolio management, property operations, development, construction, leasing, and technological innovation. RXR is an active investor in real estate credit, rental housing, commercial property, and property technology through value-added and opportunistic investment strategies.
Job Summary:
We are currently seeking a dynamic accounting professional to perform daily reporting functions for the management company and related upper-tier structures. Reporting to the AVP, Corporate Accounting, the selected incumbent will interface with many constituencies including our external auditors, internal asset/portfolio management, treasury, acquisitions, strategic planning, and tax teams, and other internal disciplines. This position requires relevant accounting experience, with a focus on reporting (GAAP and performance reporting), but will also provide for the ability to work on special projects within the accounting and finance functions. Required areas of accounting expertise and responsibilities include, but are not limited to:
- Complex reconciliations and allocations
- Assisting in aspects of monthly and annual financial period close
- Preparation of journal entries (including analysis and documentation)
- Cost allocation analysis
- Comparing and reconciling accounting records against budget and company forecasts
- Support the monthly, quarterly, and annual reporting process for the management company and related upper-tier structures.
- Assist with consolidation-related schedules, intercompany eliminations, allocations, entity-level rollups, and support for consolidated financial reporting.
- Prepare and support standardized reporting packages, including GAAP financial reporting, performance reporting, budget-to-actual analysis, variance explanations, and internal management reporting.
- Compare and reconcile accounting records against budgets, forecasts, business plans, and reporting packages; identify, investigate, and explain variances.
- Preparation of audit schedules and coordination with independent auditors
- Ad-hoc reporting to partners/internal departments particularly related to variance analysis
- Tracking of management company revenues and related collections
- Running reports and supporting budgets for affiliated, owned, non-real estate entities
- Processing of wire transfers
- Approval and coding of invoices
- Assistance with special projects and efficiency initiatives supported by accounting and finance discipline
Required Skills and Attributes:
- 6-10 years of related accounting experience with a management company, preferably real estate-focused
- Public accounting experience preferred
- Bachelor’s degree in Accounting/Finance preferred
- CPA preferred
- Ability to work in a fast-paced environment, handle multiple projects, and remain accountable for execution
- Strong analytical skills, with a focus on detail and the ability to deliver an organized work-product
- Good communication skills and the ability to maintain strong working relationships with colleagues, auditors, legal counsel, and banking personnel
- Strong references required
The salary range and/or hourly rate listed is a good faith determination of potential base compensation that may be offered to a successful applicant for this position at the time of this job advertisement and may be modified in the future. When determining a team member's base salary/rate, several factors may be considered as applicable (e.g. location, years of service, specialty, education, relevant experience).
Bonus eligible.
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