Property Accountant (Financial Analyst/Residential)

PROPERTY ACCOUNTANT– Residential Real Estate (Condo/Co-op)

Prestigious, well established real estate management company is looking for an experienced Property Accountant/Financial Analyst

Specific responsibilities include but are not limited to the following:

• Review monthly reports - check variances, cash balances/bank rec & cash flow/AP

• Monitor accuracy of commercial billing – rent increases/escalations/lease exp.

• Check accuracy of unit charges for sublet, storage, bicycle, fitness, etc. income

• Monitor payroll, utilities, contracts, supplies etc. for OT and consumption in comparison to portfolio averages

• Make necessary re-classifications and reconcile balance sheet accounts

• Prepare cash flow and funding analysis for capital project costs

• Monitor and fund capital expenditures

• Prepare annual budgets

• Establish enduring relationships accounting staff, property managers, at least one member of the board for each building and professionals

• Attend meetings during the day and in the evening to present various reports

• Prepare work papers for auditors

• Must have strong analytical and communication skills

• Ability to follow procedures and lead by example

• Reliable, professional demeanor

• Must have BA in accounting

• Must have a professional appearance

• Proficiency in MDS, Microsoft Excel, Word and Power Point

• Must be responsive and meet deadlines for cyclical reports

Industry experience – more than 5 years a plus.

Job Type: Full-time

Required education & experience:

• Bachelor's

• Stable work history

• Accounting: 5 years

• Real Estate: 5 years