Property AccountantAcadia Realty Trust (NYSE:AKR) is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual – core and investment management – platforms.Our energized team is accomplishing this goal by building a best-in-class, location-driven core real estate portfolio with meaningful concentrations of assets in the nation's most dynamic urban and street-retail corridors, including those in New York, Chicago, Los Angeles, San Francisco, Washington DC, Dallas, and Boston. At the same time, we manage opportunistic and value-add investments through our investment management platform.Acadia is currently seeking a property accountant who has strong growth potential. This position will be responsible for various accounting/reporting functions for properties and entities as part of Acadia's core portfolio, opportunity fund platforms and investment management portfolio in accordance with GAAP policies. They will support a portfolio of commercial real estate properties and be responsible for a broad range of accounting and financial reporting activities.Key Responsibilities Include, But Are Not Limited To:Managing components of the quarterly and annual close and financial reporting cycles, including preparation of balance sheets and income statementsPreparing monthly and quarterly financial reporting packages for joint venture partners and lendersPreparing and posting monthly and quarterly journal entries, including accruals, amortizations, and reclassificationsPerforming variance analysis versus budget and prior periods, and providing explanations for key fluctuationsMaintaining accurate general ledger and bookkeeping records, including account reconciliations and transaction reviewPreparation of work papers to be used in conjunction with auditsPreparation of footnotes and supporting schedules for quarterly and annual SEC filingsSupporting accounting setup for property acquisitions and closeout activities for property dispositionsWorking collaboratively with internal teams to ensure accurate reporting and compliance with GAAP and internal controlsQualificationsBachelor's degree in Accounting and/or Finance1–3 years of professional accounting experienceStrong analytical skills with attention to detailSelf-starter able to work independently, manage priorities, and meet deadlines in a fast-paced environmentStrong technical aptitude, including advanced Excel skills and the ability to leverage automation and AI tools to improve efficiency and reporting, preferredProgress toward CPA certification is a plusCommercial real estate experience preferred, but not requiredThe base salary compensation range for this role reflects the wide range of factors that are considered in making compensation decisions, including but not limited to, skill sets; experience and training; licensure and certifications; and other business and organizational needs.
Compensation decisions are dependent on the facts and circumstances of each individual. A reasonable estimate of the current base salary range for this position is $80,000 to $90,000.Employees may also be eligible to participate in an annual discretionary bonus program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.Acadia Realty is an Equal Opportunity Employer - Veteran/Disability