Property Accountant

AKAM; New York (NY); On-site; USD 65,000 - 95,000; Full time

Benefits offered by this job

Health, dental, and vision insurance

Retirement program

Paid time off

11 paid holidays per year

Educational reimbursement

Transportation discount programs

Service awards

Performance awards

Job summary

AKAM is seeking a Financial Analyst/Property Accountant to manage monthly and annual financial statements for condo/co-op communities across Westchester and NYC. You will collaborate with the property manager and residents to meet financial goals and present clear reports.

Ideal candidates have 2+ years in real estate accounting, strong Excel skills, and experience with condo/co-op finance and budgets. This is a full-time on-site role offering comprehensive benefits and growth opportunities.

Qualifications

• Bachelor’s degree in finance or accounting.
• At least 2 years of Financial Analyst or Property Accountant experience in real estate/property management.
• Experience with monthly financial statements for condos/coops.
• Strong proficiency in Microsoft Excel and MS Office.
• Experience with Yardi is a plus.

Responsibilities

• General Ledger accounting for condo/coop portfolio.
• Review financial statements and adjust as needed.
• Analyze budget vs actual variances and explain to the board.
• Communicate with the Board Treasurer and Board President about financial position.
• Maintain ledgers, trial balance, accruals, reports, and cash flow projections.
• Invest client funds as directed by the Board.
• Prepare and present budgets; review new client accounts/files and ensure funds transfer.
• Assist with annual audits.

Skills

Financial analysis

Excel proficiency

Board communication

Education

Bachelor's degree in finance or accounting

Tools

Microsoft Excel

Yardi software

Job description

About the Company:

Founded in 1983, AKAM provides unparalleled knowledge, industry-leading technology, cost-saving initiatives, and the best customer service in the industry to every condominium, cooperative, homeowners association, and investment property we service. From comprehensive financial oversight to operations management, compliance administration, and violation removal, we maximize operational efficiency and value for our clients. Our core values include Innovation, Collaboration, Elevation, Accountability & Hospitality.

What we offer:

AKAM is proud to be Great Place to Work-Certified™. Learn more about our company by visiting akam.com. Our benefits include several healthcare, dental and vision options, a retirement program, paid time off plans, 11 paid holidays per year, educational reimbursement, transportation discount purchase programs, service, and performance awards – in addition various social and recreational activities.

Position Overview:

The Financial Analyst/ Property Accountant is responsible for preparing monthly and annual financial statements for an assigned portfolio of condo/co-op communities located through Westchester/NYC. This role works closely with the property manager and resident board members to achieve the community’s financial goals.

Responsibilities Include, But Not Limited To

• Responsible for General Ledger Accounting for assigned portfolio of Condo/coop buildings
• Review all financial statements and make all adjustments that are deemed necessary
• Review budget to actual variances and present a variance explanation to the board as needed
• Communicating with the Board Treasurer and Board President regarding the financial position
• Strong working knowledge of general ledger, trial balance, accruals (on a cash basis), preparing custom reports and cash flow projections
• Investing client funds as directed by the Board
• Preparing and presenting budgetsReviewing new account financial files that have been transferred to AKAM to ensure we have copies of all documents and ensure all funds are transferred appropriately
• Assist with the annual audits

Qualifications

• Must have bachelor’s degree in finance or accounting
• At least 2 years of Financial Analyst or Property Accountant experience within the real estate/or property management industry
• Experience in dealing with the monthly financial statements of condos/coops specifically
• Must have strong proficiency in Microsoft Excel and other MS Suite programs
• BJ Murray or Yardi software experience is a plus