Staff Accountant – Real Estate Accounting

Posted 51 minutes ago

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Job Description

Staff Accountant | TBG | The Bachrach Group

The Tone:
This is a full-time Staff Accountant role at TBG | The Bachrach Group, located onsite in Forest Hills, Queens. The company is a family-owned organization that directly operates its own portfolio of real estate properties. This position is significant as it offers complete ownership of the accounting functions for a dedicated group of properties, family trusts, and individual accounts. Responsibilities span a comprehensive range, from marketable securities reconciliations and intercompany activity to critical NYC filings, allowing the individual to independently prepare year-end work papers. The role ensures a stable work environment, providing a direct and thorough handoff due to a planned retirement.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person Queens, NY

• Mission: Handle the full accounting cycle for an assigned group of real estate properties and related family trust and individual entities.
• Tech Stack: Yardi, Excel

What You’ll Actually Do
• Financial Record Keeping: Prepare monthly bank reconciliations, tenant security deposit reconciliations, and marketable securities investment account reconciliations.
• General Ledger Management: Prepare and post monthly and period-end journal entries, and perform monthly general ledger analysis across assigned entities.
• Year-End & Budgeting: Build complete year-end work papers for the balance sheet and income statement, and support the annual budget for assigned properties.
• Compliance & Transactions: Prepare municipal I&E reports, Certiorari filings, and RPIE submissions, and process capital calls, distributions, and intercompany activity.
• Intercompany Oversight: Maintain accurate intercompany receivable and payable schedules.

The Must-Haves
• Background: Bachelor’s degree in Accounting or Finance, with an early career understanding of core accounting principles.
• Experience: At least 1 year of real estate accounting experience, specifically within property accounting, owner/operator environments, or family offices. Hands-on Yardi experience is strongly preferred.
• Skills: Strong proficiency in Excel for reconciliations, schedule creation, and general ledger analysis. Proven experience with tenant security deposits and intercompany accounting, alongside a detail-oriented and organized approach.
• Bonus: Exposure to NYC filings such as RPIE or Certiorari, or experience with trust and investment accounting.

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