Financial Analyst

Akam Associates Inc.New York, NY

About The Position

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.

Requirements

  • 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

Nice To Haves

  • BJ Murray or Yardi software experience is a plus

Responsibilities

  • 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 budgets
  • Reviewing 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

Benefits

  • AKAM is proud to be Great Place to Work-Certified™.
  • 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.
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