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About the Role
The Financial Analyst/Property Accountant is responsible for preparing monthly and annual financial statements for an assigned portfolio of condo/co-op communities in Westchester/NYC. This role collaborates with the property manager and resident board members to achieve the community’s financial goals.
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
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
- BJ Murray or Yardi software experience is a plus
Skills
- General Ledger Accounting
- Financial Statement Preparation
- Budget Variance Analysis
- Financial Reporting
- Cash Flow Projection
- Microsoft Excel
- MS Suite programs
Location
- Westchester/NYC
Work Type
- Full-time
Experience Level
- 2+ years
Education Level
- Bachelor's degree in Finance or Accounting
Benefits
- Great Place to Work-Certified™
- Healthcare options
- Dental options
- Vision options
- Retirement program
- Paid time off plans
- 11 paid holidays per year
- Educational reimbursement
- Transportation discount purchase programs
- Service awards
- Performance awards
- Various social and recreational activities
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.