Senior Accountant

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Be an Early Applicant
San Francisco, CA
80K-125K Annually
5-7 Years Experience
Insurance
The Role

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.

What You'll Do:

  • 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
  • Address and respond 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
  • Review and process payments in a timely manner
  • Ad hoc projects as requested by senior management

What You'll Bring:

Required Skills:

  • Undergraduate degree in Accounting or Finance
  • 4-7 years of accounting experience preferred
  • Knowledge with property level, fair market value, historical cost GAAP accounting, Statutory Accounting, and tax reporting a plus
  • Capability to evaluate, document, and implement best in class policies and procedures
  • Excellent verbal and written communication, and organizational skills
  • 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

Preferred Skills:

  • Yardi experience a plus
  • An advanced degree or CPA designation

#LI-AM1

Salary range: $90,000 - $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

The Company
HQ: New York, NY
34,623 Employees
On-site Workplace
Year Founded: 1845

What We Do

For over 175 years, we've been helping people put love into action. As a mutual company owned by our policyholders*, we hold ourselves to the highest standards of transparency, objectivity, and integrity. Recognized as one of Fortune’s World’s Most Admired Companies**, we’re committed to improving local communities through a culture of giving and volunteerism, supported by our own New York Life Foundation.

Join a company that values development, career growth, collaboration, innovation, and diversity & inclusion. Through various resources and programs, you can grow your career while developing personally and professionally. We invite you to bring your talents here, so we can continue the good to help families and businesses “Be Good at Life.”


*New York Life Insurance Company (NYLIC) is a mutual insurance company, which means it is not publicly traded and has no shareholders. References to ownership refer to NYLIC's policyowners who purchase its participating products. These policyowners share certain membership rights, such as voting in board of directors elections and being eligible to share in annual dividends that are declared by the board. NYLIC is also the parent company of two other wholly owned life insurance subsidiaries. Policies issued by these subsidiaries are not participating and do not share in these rights.
**New York Life Insurance Company claimed the top position in the Insurance: Life and Health category of the annual ranking of corporate reputation on Fortune’s 2021 World's Most Admired Companies list. Rankings are determined by a proprietary formula that weights nine criteria to create an overall score. Please visit https://fortune.com/franchise-list-page/methodology-worlds-most-admired- companies-2021/ for methodologies.

New York Life is an Equal Opportunity Employer M/F/Disability/Veteran/Sexual Orientation/Gender Identity

New York Life Insurance Company, New York, NY
SMRU 1935869 Exp. 07.30.2022

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