Junior Accountant
Search Masters, Inc., New York, NY, United States
A growing real estate firm is seeking a
Junior Accountant . This role is ideal for a detail-oriented accounting professional who is eager to gain hands-on experience with real estate transactions and accounting.
Key Responsibilities
Process and calculate real estate agent commissions based on closing statements and commission agreements
Review and reconcile closing disclosures, escrow statements, and broker commission reports
Ensure accuracy of commission splits, referral fees, and transaction-related deductions
Prepare and post journal entries related to transactions and commission payments
Assist with trust and escrow account reconciliations
Handle accounts payable and receivable related to brokerage transactions
Verify receipt of brokerage fees and other transaction-related income
Support month-end and year-end close processes
Maintain organized transaction files and supporting documentation
Assist in preparing financial and management reports
Respond to internal inquiries regarding commission statements and payments
Ensure compliance with internal policies and real estate regulations
Qualifications
Bachelor’s degree in Accounting, Finance, or related field
Approximately 5+ years of accounting experience; real estate or brokerage experience preferred
Basic knowledge of GAAP
Familiarity with real estate closing documents (e.g., CDs, HUD-1, settlement statements) is a plus
Strong Excel skills (formulas, reconciliations)
Experience with accounting systems; Yardi experience required
High attention to detail with strong organizational skills
Ability to handle confidential financial information
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Junior Accountant . This role is ideal for a detail-oriented accounting professional who is eager to gain hands-on experience with real estate transactions and accounting.
Key Responsibilities
Process and calculate real estate agent commissions based on closing statements and commission agreements
Review and reconcile closing disclosures, escrow statements, and broker commission reports
Ensure accuracy of commission splits, referral fees, and transaction-related deductions
Prepare and post journal entries related to transactions and commission payments
Assist with trust and escrow account reconciliations
Handle accounts payable and receivable related to brokerage transactions
Verify receipt of brokerage fees and other transaction-related income
Support month-end and year-end close processes
Maintain organized transaction files and supporting documentation
Assist in preparing financial and management reports
Respond to internal inquiries regarding commission statements and payments
Ensure compliance with internal policies and real estate regulations
Qualifications
Bachelor’s degree in Accounting, Finance, or related field
Approximately 5+ years of accounting experience; real estate or brokerage experience preferred
Basic knowledge of GAAP
Familiarity with real estate closing documents (e.g., CDs, HUD-1, settlement statements) is a plus
Strong Excel skills (formulas, reconciliations)
Experience with accounting systems; Yardi experience required
High attention to detail with strong organizational skills
Ability to handle confidential financial information
#J-18808-Ljbffr