Title: Audit Senior, Real Estate
Department: Audit, Real Estate
Supervises: Staff
Role Type: Full-time
Location: New York, NY (Hybrid)
ABOUT THE COMPANY:
Anchin is a New York City based Certified Public Accounting and Consulting firm with a Long Island and Florida presence that provides expert financial advisory to companies across a diverse range of industries. We offer a full range of integrated accounting, consulting and business management services from tax planning and audits to the most detailed analysis of acquisitions and financial restructuring.
Anchin is consistently recognized as one of the “Best of the Best” accounting firms in the country, a Best Place to Work in New York City and New York State, and a Best Accounting Firm to Work For Nationwide.
ABOUT THE POSITION:
This role in Real Estate Audit plays a pivotal role in ensuring financial transparency and maintaining the trust of stakeholders in the real estate industry. In this role, you will contribute to the accuracy of financial reporting, risk management, and overall financial health of real estate businesses and investments.
RESPONSIBILITIES:
- Assist in planning and executing audit, review, compilation, and special purpose engagements for real estate clients, including property managers, owners, developers, funds, and REITs.
- Apply audit procedures to real estate valuation methodologies, including discounted cash flows, direct capitalization, and sales comparable approaches.
- Execute and review audit procedures, including substantive testing, control testing, and analytical reviews.
- Identify and assess audit risks and develop audit programs to address these risks.
- Evaluate the effectiveness of internal controls and recommend improvements.
- Examine and analyze financial statements, income statements, balance sheets, and cash flow statements for accuracy and completeness.
- Ensure compliance with Generally Accepted Accounting Principles (GAAP) or income tax basis of accounting, as applicable.
- Assist in conducting technical research on accounting issues relevant to real estate clients.
- Work closely with audit managers and partners to address accounting and audit issues and ensure the timely completion of engagements.
- Maintain effective communication directly with clients to gather information, address concerns, and provide insights into audit findings.
- Prepare and present audit reports to clients, highlighting key findings and recommendations.
- Provide guidance and support to staff auditors on specific audit areas as needed.
- Foster a collaborative and productive work environment within the audit team.
- Ensure audits adhere to all relevant regulatory requirements.
- Maintain organized and comprehensive audit documentation that supports findings, conclusions, and recommendations.
- Stay informed about new accounting standards, industry developments, emerging technologies, and tools to streamline audit processes.
- Participate in recruiting efforts, training, and other firm-wide initiatives.
QUALIFICATIONS:
Education:
- Bachelor's or Master's degree in Accounting.
- CPA (Certified Public Accountant) preferred.
Experience:
- 2+ years of audit experience, with a focus on core real estate and real estate funds.
- Experience with fair value appraisals for real estate funds.
- Proficiency in auditing software and financial analysis tools.
- Strong knowledge of accounting principles and auditing standards.
- Strong attention to detail, organizational skills, and ability to manage multiple assignments.
- Excellent communication, interpersonal, and analytical thinking skills.
- Leadership and mentoring abilities.
Compensation:
- Competitive annual salary in the range of $85,000 to $118,000 based on individual’s experience level.
Anchin provides comprehensive benefits, which you can view here.
Attributes:
- Accountability: Follows through on commitments, does what you say you will do, even requiring some personal sacrifice.
- Communicates Effectively: Delivers messages in a clear and concise manner, listens attentively.
- Strong Interpersonal Skills: Relates comfortably to all levels of people, both internally and externally.
- Nimble Learner: Learns quickly when facing new situations, willingly takes on the challenge of unfamiliar tasks.
- Technical Proficiency: Deals with technical issues comfortably and can complete work at a high level of proficiency.
- Technologically Proficient: Ability to apply technology solutions to work.
- Being Resilient: Shows confidence under pressure, maintains a positive attitude despite adversity.
- Action Oriented: Proactively seeks out new and challenging work.
- Trustworthiness: Keeps confidences and develops a reputation for being honest and ethical.
Anchin is an equal opportunity employer who agrees not to discriminate against any employee or job applicant irrespective of race, color, creed, alienage, religion, sex, national origin, age, disability, gender (including gender identity), marital status, sexual orientation, citizenship, or any other characteristic protected by law. Anchin is committed to providing access, equal opportunity, and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. To request reasonable accommodation, contact Anchin Recruitment Team at recruit@anchin.com