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
- 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 disciplines
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.
Skills Required
- 6-10 years of related accounting experience
- Bachelor's degree in Accounting/Finance
- CPA
- Public accounting experience
What We Do
RXR an innovative investor, developer and place-maker committed to applying a customer and community-centered approach to building properties, services, and products that create enduring value for all stakeholders. Headquartered in New York with a national platform strategy, RXR is a 500+ person, vertically integrated operating and development company with expertise in a wide array of value creation activities, including ground up real estate, infrastructure, and industrial development, uncovering value in underperforming properties, repurposing well-located iconic properties, incorporating cutting edge technologies and value-added lending. The RXR platform manages 84 commercial real estate properties and investments with an aggregate gross asset value of $22.4 billion, comprising approximately 30.3 million square feet of commercial properties, a multi-family residential portfolio of approximately 6,900 units under operation or development, and control of development rights for an additional approximately 2,900 multi-family and for-sale units.
