Property Accountant

Client:
Real Estate/Property Management Organization
Role:
Property Accountant
Salary: $100,000 - $115,000/annually + Benefits

Location:

Midtown Manhattan
- * Hybrid, 3 days a week onsite following training
* Job Description:

• Liquidity Oversight:
  Monitor cash balances to ensure all operational expenses are covered; coordinate and execute ownership distributions.
• Banking:
  Reconcile bank accounts monthly (or more frequently as required) and coordinate wire transfers with the cash management team.
• Payables & Receivables:
  Commit approved payables for payment, review non-tenant receipts, and maintain seamless communication with the AP and AR departments.
• Debt Service:
  Prepare and ensure the timely delivery of monthly debt service reporting for mortgage payments.

• Closing Procedures:
  Execute all month-end closing entries and procedures with high precision.
• Reporting Packages:
  Prepare comprehensive monthly work papers and ownership reports, including detailed variance analysis and Gross Potential Revenue (GPR) reporting.
• Special Projects:
  Generate ad-hoc financial reports as requested by lenders or ownership entities, primarily using accrual-basis accounting.

• Budgeting:
  Lead the annual preparation of Operating and Capital budgets in alignment with specific lender and owner requirements.
• Audit Coordination:
  Provide essential financial data and support during the annual audit process.
• Security Deposits:
  Perform monthly reconciliations of security deposits and provide guidance to the security deposit team.

• Education:
  
  B.S. in Accounting (Required).
• Experience:
  
  3-5 years of accounting experience specifically within Property Management.
• Technical
  
  Skills:
  
  * High proficiency in Microsoft Excel.
  • Strong working knowledge of Yardi 7s or comparable property management software.
  • Deep expertise in accrual accounting principles.
• Soft Skills:
  • Exceptional written and verbal communication skills.
  • Meticulous attention to detail and the ability to multi-task.
  • A professional demeanor with a commitment to timely responsiveness.
  • Ability to work independently while meeting strict monthly deadlines.

Equal Opportunity Notice

Highspring LLC (d/b/a Vaco by Highspring) and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco by Highspring") are committed to the full inclusion of all qualified individuals and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by applicable law.

The company is also committed to ensuring that persons who need them are provided with reasonable accommodations; if an accommodation is needed to participate in the job application or interview process, please contact

Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal
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Representation Notice

By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. Additionally, you agree to be included in our talent pool for future hiring for similarly qualified positions. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications.

Lastly, you agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco by Highspring respects your privacy and are committed to providing transparent notice of our policies.

• California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here
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• Virginia residents may access our state specific policies here
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• Residents of all other states may access our policies here
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• Canadian residents may access our policies in English here and in French here
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• Residents of countries governed by GDPR and UK GDPR may access our policies here
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Additionally, submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. More details about Vaco by Highspring's use of AI can be found here (). Further assessment of…