Property Accountant

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