Property Accounting Director

HireIQ; New York (NY); On-site; USD 135,000 - 170,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) with company match

Job summary

HireIQ is seeking an experienced Property Accounting Director to lead accounting operations for co-op, condominium, and multi-family properties in the New York area. Reporting to the President/COO, you will oversee budgeting, financial reporting, and internal controls.

This role combines hands-on portfolio accounting with strategic leadership, staff development, and collaboration with boards and property managers to drive growth and ensure GAAP compliance.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• 5–7 years in progressive accounting with 3+ years in leadership.
• Experience in property management or real estate accounting.
• Familiarity with AICPA fund accounting preferred.
• Strong month-end close, reporting, and GL skills.
• Proficient in Excel and Outlook.

Responsibilities

• Lead portfolio-wide financial activities including budgeting, forecasting, reporting, and cash flow management.
• Oversee monthly closing and preparation of financial statements and reporting packages for managers and boards.
• Review and approve journal entries, bank reconciliations, and audit trails.
• Manage core accounting operations: A/P, A/R, payroll, GL maintenance.
• Lead and mentor accounting staff with clear priorities and workflows.
• Provide financial analysis to support acquisitions and portfolio expansion.
• Collaborate with property managers to prepare budgets and allocate reserve contributions.
• Ensure accurate calculation of maintenance increases and charges.

Skills

Leadership experience

GAAP knowledge

Strong communication

Attention to detail

Budgeting

Education

Bachelor’s degree in Accounting or Finance

Tools

MRI

AppFolio

Excel

Outlook

Job description

Property Accounting Director - Co-op, Condominium & Multi-Family Property Management

New York, NY

Competitive salary and benefits

Full-Time

Why Apply?

• Collaborative working environment with direct involvement in senior leadership decisions
• Opportunity to lead an accounting team and shape processes across a growing property portfolio
• Comprehensive benefits package, including medical, dental, vision, and a 401(k) with company match

Position Overview

HireIQ is seeking an experienced Property Accounting Director to join our client’s growing residential property management team. Reporting to the President / Chief Operating Officer, you will lead accounting operations and financial reporting across a portfolio of co-op, condominium, and multi-family properties throughout the New York area.

This role combines hands-on oversight of portfolio accounting with financial leadership, staff management, and direct engagement with boards and property management teams. You will take ownership of financial reporting, budgeting, and accounting controls while developing the team and improving processes to support continued growth.

Key Responsibilities

• Lead portfolio-wide financial activities, including budgeting, forecasting, financial reporting, and cash flow management
• Oversee monthly closing activities and the preparation of accurate financial statements and reporting packages for property managers and boards
• Review and approve journal entries, bank reconciliations, and closed-period audit trails to maintain accuracy across the portfolio
• Manage core accounting operations, including accounts payable, accounts receivable, payroll, and general ledger maintenance
• Lead and mentor accounting staff, setting clear priorities, consistent workflows, and performance standards
• Provide financial analysis to support acquisitions, new business opportunities, and portfolio expansion
• Work closely with property managers to prepare annual budgets, assess reserve contributions, and ensure budgets are accurately entered into management software
• Ensure maintenance increases, common charges, and special assessments are correctly calculated and applied
• Oversee unit-specific chargebacks, including approval checks, posting to owner accounts, and monitoring collections
• Manage loan administration, including payments, amortization schedules, loan-funded assessments, early repayments, principal and interest allocations, and lender reporting requirements
• Oversee cash balances, bank relationships, CDs, and investment accounts, ensuring reconciliations are completed and discrepancies are resolved promptly
• Coordinate annual audits and tax filings, acting as the main contact for external auditors and CPA firms
• Oversee annual Income & Expense reporting and ensure auditor adjustments are accurately reflected in the accounts
• Maintain internal controls and accounting policies to support compliance with GAAP, association bylaws, and regulatory requirements
• Work directly with boards and treasurers on financial matters, budget planning, and reserve strategy
• Support the onboarding of new client properties, establishing accounting structures, system setup, and reporting schedules

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field
• 5-7 years of progressive accounting experience, including at least 3 years in a leadership or supervisory role
• Experience in property management, co-op / condominium accounting, or real estate accounting
• Familiarity with AICPA fund accounting methods is preferred
• Experience using property management accounting platforms such as MRI, AppFolio, or comparable systems
• Strong understanding of month-end close, financial reporting, general ledger management, and account reconciliations
• Experience overseeing budgets, audit coordination, internal controls, and regulatory compliance
• Strong Microsoft Office skills, particularly Excel and Outlook
• Proven ability to lead, mentor, and develop accounting staff
• Strong attention to detail and the ability to manage deadlines across multiple properties
• Clear communication skills and confidence working with boards, clients, property managers, and external financial partners
• Sound judgment, strong problem-solving skills, and a collaborative approach