Property Accountant/Financial Analyst POST NUMBER: 453903
Job Title: Property Accountant / Financial Analyst
Location: New York, NY – Hybrid (5 days onsite for first month, then 2 days onsite weekly – flexible days)
Salary: $110,000 – $125,000
Employment Type: Full-Time, Permanent
About the Role:
Our client, a leading residential property management firm, is seeking a Property Accountant / Financial Analyst to join their New York-based accounting team. This position requires strong month-end close, reconciliations, and budget management skills. The ideal candidate will have a background in residential property management (co-ops, condos, rentals) or Big 4 public accounting experience auditing co-ops and condos.
You’ll manage the accounting for a portfolio of NYC residential properties, working closely with property managers, boards, and internal leadership to ensure accurate financial reporting and compliance. This role offers the opportunity to move from managing 10–12 properties initially to 20–25 properties once fully onboarded.
Responsibilities
Property Accounting
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Perform month-end close for a portfolio of 10–12 properties (scaling to 20–25), each set up as an individual entity.
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Prepare and review reconciliations, actual vs. budget analyses, and cash projections.
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Manage cash for each assigned property and ensure adequate balances for expenses.
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Review and reconcile bank accounts monthly.
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Oversee approved payables, coordinate with Accounts Payable, and instruct cash management team on fund transfers.
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Prepare monthly debt service reporting and coordinate mortgage payments.
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Review non-tenant receipts for posting; collaborate with Accounts Receivable as needed.
Financial Reporting
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Prepare monthly workpapers and reporting packages for ownership, including variance analysis and GPR reporting.
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Generate lender-required and ownership-specific reports.
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Maintain strong understanding of accrual-based accounting for accurate financial statements.
Budgeting
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Lead annual operating and capital budget preparation.
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Manage budgeting timelines (late summer through Thanksgiving) for multiple properties simultaneously.
Audit Support
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Provide financial data and support during annual audits.
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Reconcile security deposits monthly and assist the security deposit team when needed.
Qualifications
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Bachelor’s degree in Accounting required.
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3–5 years of property accounting experience, preferably in residential property management (co-ops, condos, rentals).
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Open to candidates from Big 4 or public accounting firms who have audited co-ops/condos.
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Strong knowledge of accrual accounting principles.
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Proficiency in Excel required; Yardi 7s or similar accounting software experience preferred.
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Excellent communication skills and ability to interact with property managers, boards, and owners.
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Highly organized, able to prioritize, and work independently in a fast-paced environment.
Soft Skills
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Strong analytical and problem-solving skills.
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Ability to juggle multiple priorities and meet deadlines.
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Professional communication with internal teams and external stakeholders.
Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
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Pay Transparency Notice
Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.