Financial Analyst

Vaco; New York (NY); On-site; USD 115,000 - 120,000; Full time

Job summary

Vaco by Highspring in New York, NY is seeking a Financial Analyst to support budgeting, forecasting, and monthly reporting for a portfolio of condominium and cooperative properties. The role collaborates with AP/AR teams and ownership stakeholders, focusing on accurate financial statements.

Work arrangement starts onsite for the first month, then hybrid with two onsite days weekly; compensation ranges from $115,000 to $120,000 annually. Portfolio growth to 20-25 properties is possible.

Qualifications

• Bachelor's degree in Accounting or related field.
• 3-5 years of property management accounting or financial analysis experience.
• Experience with condominium or cooperative properties required; not for pure commercial.
• Experience with cash-basis and accrual-basis accounting.
• Strong budgeting and variance analysis experience.
• Ability to manage a portfolio of properties and meet deadlines.
• Strong Excel skills and familiarity with property accounting software (Yardi 7S).
• Clear written and verbal communication skills, attention to detail, and independent work style.

Responsibilities

• Prepare annual operating and capital budgets for assigned properties.
• Monitor budgets vs actual; investigate variances and explain trends.
• Support monthly close activities with entries, workpapers, and reports.
• Prepare and review monthly owner reporting packages with variance analysis and gross potential rent.
• Prepare cash flow reports; coordinate distributions and transfers.
• Support mortgage and debt service reporting.
• Prepare special financial reports for ownership or lenders.
• Provide information for annual audits.
• Coordinate with AP, AR, and reconciliation teams on payments and receipts.

Skills

Budgeting

Variance analysis

Excel

Yardi 7S

Communication

Attention to detail

Independent work

Education

Bachelor's degree in Accounting

Tools

Yardi 7S

Job description

Work arrangement: Onsite during the first month, then hybrid with two onsite days per week. Onsite days are flexible.

Portfolio: Approximately 10-12 residential properties initially, with the potential to grow to 20-25.

About the Role

A growing residential property management organization is seeking a Financial Analyst to support the accounting and financial reporting needs of a portfolio of condominium and cooperative properties. The role focuses on budgeting, financial analysis, cash management, and monthly reporting for properties with different ownership structures.

The organization's AP, AR, and reconciliation teams provide support, allowing the Financial Analyst to focus on broader accounting responsibilities, budgeting, and communication with property and ownership stakeholders.

Key Responsibilities

• Prepare annual operating and capital budgets for assigned properties.


• Monitor budgets against actual results, investigate variances, and explain key financial trends.


• Support monthly close activities, including preparing entries, workpapers, and financial reports.


• Prepare and review monthly reporting packages for property owners, including variance analysis and gross potential rent reporting.


• Prepare cash flow reports, monitor cash needs, and coordinate distributions and transfers as needed.


• Support mortgage and debt service reporting.


• Prepare special financial reports requested by ownership or lenders.


• Provide financial information and supporting documentation for annual audits.


• Coordinate with AP, AR, and reconciliation teams on payment, receipt, and accounting matters.


• Respond to property, ownership, and internal requests in a timely and professional manner.


• Manage multiple properties and deadlines while maintaining accurate, organized records.

Qualifications

• Bachelor's degree in Accounting or a related field.
• 3-5 years of property management accounting or financial analysis experience.
• Experience with condominium or cooperative properties required; candidates with exclusively commercial property experience will not be considered.
• Experience with both cash-basis and accrual-basis accounting.
• Strong budgeting and variance analysis experience.
• Ability to manage a portfolio of properties and handle competing deadlines.
• Strong Excel skills and familiarity with Yardi 7S or similar property accounting software.
• Clear written and verbal communication skills, attention to detail, and ability to work independently.

Additionally, submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. More details about Vaco by Highspring's use of AI can be found here (https://www.highspring.com/ai-use-notices/). Further assessment of candidates beyond this initial phase will be conducted by recruiters and hiring managers. Vaco by Highspring does not know and cannot opine on if its client's use of AI products in hiring.

Financial Analyst

Location: New York, NY

Compensation: $115,000-$120,000

Work arrangement: Onsite during the first month, then hybrid with two onsite days per week. Onsite days are flexible.

Portfolio: Approximately 10-12 residential properties initially, with the potential to grow to 20-25.

Equal Opportunity Notice

Highspring LLC (d/b/a Vaco by Highspring) and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco by Highspring") are committed to the full inclusion of all qualified individuals 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 applicable law. The company is also committed to ensuring that persons who need them are provided with reasonable accommodations; if an accommodation is needed to participate in the job application or interview process, please contact [e-mail].

Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.

For residents of Ontario, Canada only: to the extent the position for employment is not with Highspring or not otherwise noted as vacant above, candidate should be informed that this role is to replace a presently employed person at Vaco by Highspring's client.

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; and

· 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 and/or participation in medical, dental, and vision benefits as well as the company's retirement plan (or similar retirement benefits).