Financial Analyst

FirstService Residential; New York (NY); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Medical plans

Dental

Vision

Life insurance

Disability insurance

401(k) with company match

Paid time off

Job summary

FirstService Residential in New York City is hiring a Financial Analyst - Rental to manage the financial operations of a portfolio of rental buildings. You will prepare and present financial statements, oversee budgets, and ensure compliance with company standards and deadlines.

Key duties include monthly financial statement delivery, bank reconciliations, GL analysis, journal entries, and year‑end close with audits.

Qualifications

• Bachelor's degree in Accounting or Finance.
• 5+ years of accounting experience in property management or real estate (residential preferred).
• Knowledge of GAAP and cash flow management.
• Excellent organizational, leadership, and interpersonal skills.

Responsibilities

• Manage monthly financial statements and reporting to property managers, asset managers, and investors.
• Analyze the general ledger and balance sheet accounts for properties.
• Complete bank reconciliations and monthly work papers.
• Provide accrual-based reports, variance explanations, and cash flow analysis.
• Prepare and post journal entries and review budget to actual variances.
• Oversee year-end close, audits, and annual reports.

Skills

GAAP

Cash flow management

Excel

Yardi Voyager

Communication

Team leadership

Organization

Education

Bachelor's degree in Accounting or Finance

CPA/MBA preferred

Tools

Microsoft Office Suite

Yardi Voyager

Job description

Job Overview

As a Financial Analyst - Rental, you'll be responsible for managing the financial operations of a portfolio of rental buildings in New York City. This includes preparing and presenting financial statements, overseeing budgets, and ensuring compliance with company standards and deadlines.

Description

Job Overview

As a Financial Analyst - Rental, you'll be responsible for managing the financial operations of a portfolio of rental buildings in New York City. This includes preparing and presenting financial statements, overseeing budgets, and ensuring compliance with company standards and deadlines.

Your Responsibilities

• Manage financial operations for a portfolio of rental properties, including monthly financial statement preparation and presentation to property managers, asset managers, and investors.
• Analyze the general ledger and maintain balance sheet accounts for assigned properties.
• Complete all bank reconciliations and monthly work papers.
• Provide monthly accrual-based reports, variance explanations, and cash flow analysis for each entity.
• Prepare and post journal entries (bank transfers, interest income, expense reclassifications, reserve contributions, etc.).
• Review actual-to-budget performance variances and record necessary cash transfers.
• Ensure timely payment of real estate taxes and proper escrow funding.
• Oversee annual budgets: prepare budget packages, meet deadlines, and present at finance and investor meetings.
• Manage year-end close, prepare annual reports, and coordinate audits, including responding to auditor requests.
• Produce year-end security deposit schedules and support audit processes.
• Maintain compliance with FirstService Residential Global Service Standards and company policies.

Skills & Qualifications

• Bachelor's degree in Accounting or Finance; CPA, MBA, or related experience preferred.
• 5+ years of accounting experience in property management or real estate (residential preferred).
• Strong knowledge of GAAP and cash flow management.
• Excellent organizational, leadership, and interpersonal skills.
• Critical thinking and problem-solving abilities.
• Superior oral and written communication skills.
• Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook); experience with Yardi Voyager is a plus.
• Ability to work independently and in a team environment, prioritize tasks, and meet deadlines.

What We Offer

As a full-time associate, you will be eligible for comprehensive benefits including multiple medical plans, dental, vision, life insurance, short-term and long-term disability, legal, identity theft, and pet insurance. Additional benefits include company-paid life insurance, employee assistance programs, paid time off, paid holidays, tuition reimbursement, and a 401(k) with company match.

Compensation

$90,000 - $120,000 / year

Disclaimer

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. This is not an all-inclusive job description; therefore, management has the right to assign or reassign schedules, duties, and responsibilities to this job at any time.

Automated Employment Decision Tool (AEDT) Usage:

We may utilize an Automated Employment Decision Tool (AEDT) in connection with the assessment or evaluation of candidates. The AEDT is designed to assist in objectively evaluating candidate qualifications based on specific job-related characteristics.

Job Qualifications and Characteristics Assessed:

The AEDT evaluates candidates based on job qualifications and characteristics pertinent to the role, including skills, experience, and competencies relevant to the position requirements. These qualifications are determined by the unique needs of each role within our company.

Alternative Selection Process or Reasonable Accommodations:

Candidates who require an alternative selection process or a "reasonable accommodation", as defined under applicable disability laws, may make a request through our designated contact channel [e-mail].

Requesting Information About the AEDT - NYC Local Law 144:

Candidates who reside in New York City and are subject to NYC Local Law 144 may request information about the AEDT, including details on the type of data collected, the sources of such data, and our data retention policies. To submit a request, please contact us at [e-mail]; we will respond in accordance with Local Law 144, within 30 days.