Accounting Manager
About The Position
Position: Accounting Manager
Location: New York, NY
Reports to: Controller
SUMMARY
As an Accounting Manager at Safehold, you will play a pivotal role on the accounting team. Your primary responsibility will be to ensure compliance with evolving financial regulations, enhance our financial reporting and analysis for decision-making, and strengthen internal controls. With a heavy emphasis on expert memo writing, you will craft high-quality accounting memos that are essential in addressing complex topics and guiding company decisions. Your proficiency in lease accounting and consolidation, especially in identifying and analyzing Variable Interest Entities (VIE), will be central to the team’s approach. Your expertise in analysis and identifying process improvements will be instrumental in driving the company’s growth and maintaining our reputation as the market leader in the ground lease sector.
RESPONSIBILITIES
- Lead the development of technical accounting memos, demonstrating extensive experience in crafting effective, high quality documents that address complex topics in lease accounting and consolidation. This role requires a strong ability to communicate intricate accounting standards and their implications on the company.
- Research and evaluate new accounting pronouncements and their impact on the company, with a particular focus on VIE and lease accounting standards.
- Prepare or review accounting memos with detailed analyses on Variable Interest Entities (VIE) and their impact on financial consolidation and reporting.
- Coordinate annual SOX process updates, identify gaps, and recommend improvement opportunities.
- Document SOX considerations with respect to systems implementations aiding process improvement.
- Address ad hoc requests for proposed transaction analysis.
- Identify information technology to improve reporting efficiencies.
- Work closely with the accounting team to identify relevant information and key financial metrics to be included in corporate filings and obtaining those deliverables on a timely basis to meet filing deadlines.
- Create/maintain relationships with clients' external auditors to ensure an efficient audit process.
- Serve as a mentor and leader within the accounting team, offering guidance and support in an influential role, while not responsible for direct managerial oversight.
Requirements
- Bachelor’s Degree with a concentration in accounting.
- CPA required.
- 6-10 years of reporting experience within a Big 4 public accounting firm (preferably in real estate audit), with significant exposure to lease accounting and VIE.
- Advanced Microsoft Excel and Word skills.
- Ability to multitask and perform in a high energy environment.
- Articulate with excellent verbal and written communication skills, especially in memo writing which is critical for this role.
- Strong analytical skills.
- Comprehensive understanding of current GAAP requirements, with a deep focus on lease accounting and VIE.
Our company is steadfast in its commitment to fostering a diverse and inclusive workplace. We are proud to be an equal opportunity employer, welcoming applicants from all backgrounds, regardless of race, color, religion, sex, national origin, age, disability, sexual orientation, gender identity, or any other legally protected status.
Safehold’s outstanding company culture is built on respect, collaboration, and a shared passion for excellence, creating an environment where every team member feels valued, heard, and empowered to contribute their unique perspectives and ideas.
Safehold offers a comprehensive suite of benefits designed to support the health and well-being of our employees and their families. Our company is committed to the ongoing growth and development of our talent, offering opportunities for professional development through training programs and challenging projects.
Interested in becoming a key part of our dynamic team? If you meet the qualifications and are eager to embark on this exciting journey, please submit your application by selecting the apply option. We look forward to reviewing your application.
Total Compensation: $140,000 - $185,000 (base + bonus + other incentive)
The total compensation salary range for this role is posted. Specific compensation is determined through interviews and a review of relevant education, experience, training, skills, geographic location, and alignment with market data. Additionally, company employees may be eligible to receive a discretionary bonus as determined by bonus program guidelines, position eligibility, and Company approval. The Company offers PTO, Paid Sick Time Off, and Paid Holidays, the terms of which are set forth in company policies. Full-time employees are also eligible to participate in various benefit plans, including medical, dental, vision, life, disability insurance, and 401K; in each case in accordance with the terms of the applicable plans.
COMPANY OVERVIEW
Safehold Inc. (NYSE: SAFE) is revolutionizing real estate ownership by providing a new and better way for owners to unlock the value of the land beneath their buildings. Having created the modern ground lease industry in 2017, Safehold continues to help owners of high quality multifamily, office, industrial, hospitality, student housing, life science and mixed-use properties generate higher returns with less risk. The Company, which is taxed as a real estate investment trust (REIT), seeks to deliver safe, growing income and long-term capital appreciation to its shareholders. Additional information on Safehold is available on its website at www.safeholdinc.com.
Safehold Inc. is an Equal Opportunity Employer
