Property Accountant POST NUMBER: 465454

Financial Analyst/Property Accountant

Compensation: $110,000–$125,000 base salary
Location: New York, NY (Onsite for first month, then hybrid – 2 days onsite with flexible in-office days)

About the Role

A well-established residential property management organization is seeking a Financial Analyst/Property Accountant to join its New York–based accounting team. This role is focused on end-to-end accounting ownership for a portfolio of residential properties.

This position is ideal for someone with strong general accounting and analytical skills who enjoys owning the numbers, managing multiple entities, and partnering closely with property managers and ownership groups. The role offers meaningful responsibility, visibility, and the opportunity to step into a stable but evolving accounting function.

Team Structure

• Reports directly to a senior finance leader

• Works alongside a team of directors, New York–based accounting staff, consultants, and an offshore accounting support team

• This role will provide guidance and oversight to offshore resources supporting day-to-day accounting activities

Key Responsibilities

Property Accounting & Close

• Perform full month-end close responsibilities for a portfolio of residential properties, with each property maintained as a separate legal entity

• Prepare and post journal entries, accruals, and reconciliations

• Maintain accurate general ledger records in accordance with accrual accounting principles

Cash Management & Forecasting

• Manage cash balances for each property to ensure adequate liquidity for operating and capital needs

• Prepare cash flow projections and reports for ownership and internal stakeholders

• Coordinate payments, distributions, and fund transfers as needed

• Reconcile bank accounts monthly and throughout the month as required

Financial Reporting & Analysis

• Prepare monthly financial packages, including income statements, balance sheets, and variance analysis (actual vs. budget)

• Analyze operating results and investigate variances in collaboration with property management teams

• Prepare lender, ownership, and ad hoc financial reports as requested

Budgeting

• Lead annual operating and capital budget preparation for assigned properties

• Manage a high-volume budgeting cycle during peak planning periods while maintaining ongoing accounting responsibilities

Audit & Compliance Support

• Provide schedules, workpapers, and support for annual audits

• Reconcile security deposits and coordinate with internal teams as needed

Collaboration & Communication

• Serve as a key financial point of contact for property managers and ownership representatives

• Communicate clearly and professionally with internal teams and external stakeholders

• Work independently while managing competing priorities and deadlines

Skills & Experience

• Bachelor’s degree in Accounting required

• 3–5 years of experience in property accounting or public accounting with exposure to residential real estate (co-ops, condos, or rental properties preferred)

• Experience within residential property management organizations strongly preferred; public accounting candidates with relevant real estate audit experience will also be considered

• Strong understanding of accrual accounting and general ledger management

• Proven ability to perform variance analysis and budget-to-actual reviews

• Advanced Excel skills required

• Experience with Yardi or similar property accounting software is a plus, but not required

Soft Skills & Attributes

• Strong organizational skills with the ability to juggle and prioritize multiple properties and deadlines

• Comfortable working independently with minimal supervision

• Effective communicator with the confidence to engage with property managers and ownership groups

• Detail-oriented, analytical, and accountable

Interview Process

• Excel-based assessment completed prior to interviews (not timed)

• Panel interview conducted virtually with finance leadership

• Additional interview round may be conducted if needed

Why This Role

• Newly opened positions driven by team restructuring and growth needs

• Opportunity to take true ownership of a residential property portfolio

• Hybrid work model with flexibility after initial onboarding

• Competitive compensation with flexibility for top-tier candidates

Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

EEO Notice

Vaco by Highspring is an Equal Opportunity Employer 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 federal, state or local law.

Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .

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

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. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also 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.

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Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “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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Pay Transparency Notice

Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:

• the individual’s skill sets, experience and training;
• licensure and certification requirements;
• office location and other geographic considerations;
• other business and organizational needs.

With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.