Financial Portfolio Manager - Property Management

Newmark; New York (NY); On-site; USD 125,000 - 150,000; Full time

Job summary

Newmark is seeking a property management professional to prepare monthly financial reports, manage budgets, and handle tenant billing. The role includes lease administration, reporting, and coordinating with internal teams to support portfolio operations.

The candidate should have strong Excel skills, knowledge of MRI/Yardi, and experience in real estate budgeting and financial reporting. Excellent communication is essential for tenant relations and coordination.

Qualifications

• Residential financial management experience is a plus.
• Strong working knowledge of MRI and/or Yardi reporting.
• Experience with budgeting and financial reporting for real estate portfolios.
• Advanced proficiency in Microsoft Excel.

Responsibilities

• Prepare and analyze monthly financial reports.
• Develop and manage property budgets, including variance analysis.
• Process and manage monthly tenant charges and billing.
• Review, interpret, and understand residential leases.
• Complete lease abstracts, capturing key terms, dates, and financial obligations.
• Track critical lease dates (renewals, expirations, escalations).
• Serve as primary point of contact for tenant correspondence.
• Address tenant inquiries related to billing, leases, and property operations.
• Build and maintain positive tenant relationships to support retention.
• Work independently to prioritize and resolve portfolio-related issues.
• Coordinate with internal teams as needed.

Skills

Excel proficiency

Excellent written and verbal comunicat

Independent work

Budgeting and financial reporting

Tools

MRI

Yardi

Job description

New York, NY, United States

Job Description

Key Responsibilities

• Prepare and analyze monthly financial reports
• Develop and manage property budgets, including variance analysis
• Process and manage monthly tenant charges and billing

Property Management Systems

• Run and interpret reports using MRI and/or Yardi software
• Maintain accurate data within property management systems

Lease Administration

• Review, interpret, and understand residential leases
• Complete lease abstracts, capturing key terms, dates, and financial obligations
• Track critical lease dates (renewals, expirations, escalations)
• Serve as primary point of contact for tenant correspondence
• Address tenant inquiries related to billing, leases, and property operations
• Build and maintain positive tenant relationships to support retention
• Work independently to prioritize and resolve portfolio-related issues
• Coordinate with internal teams as needed

Qualifications

• Residential financial management experience is a plus
• Strong working knowledge of MRI and/or Yardi (running and reading reports)
• Demonstrated understanding of commercial leases and lease abstraction
• Experience with budgeting and financial reporting for real estate portfolios
• Advanced proficiency in Microsoft Excel
• Excellent written and verbal communication skills

Self-motivated with the ability to work independently and manage competing priorities

Salary Range Language

The expected base salary for this position ranges from $125,000 to $150,000 annually. The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package (including health, vision, and dental insurance, paid time off and a 401(k) retirement plan with employer matching), this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).

Working Conditions:Normal working conditions with the absence of disagreeable elements.

Note: The statements herein are intended to describe the general nature and level of work being performed by employees, and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.

Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.

About Us

Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leading commercial real estate advisor and service provider to large institutional investors and other owners, global corporations and other occupiers, and lenders. Built with purpose and driven by excellence, Newmark's comprehensive platform is uniquely tailored to provide superior outcomes to clients. For the twelve months ended June 30, 2026, Newmark generated revenues of more than $3.6 billion. As of June 30, 2026, Newmark and its business partners together operated from over 195 offices with more than 10,000 professionals across four continents. Learn more at nmrk.com or follow @newmark . Discussion of Forward-Looking Statements about Newmark Statements in this document regarding Newmark that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company's business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark's Securities and Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.