The Financial Analyst role supports accounting and financial reporting for a portfolio of condominium and cooperative residential properties. The position covers budgeting, monthly close support, reporting deliverables, cash flow and debt service monitoring, and audit-related assistance for assigned properties in a hybrid work arrangement based in New York, NY.

Key Responsibilities

Develop annual operating and capital budgets for assigned condominium and cooperative properties.
Track budgets versus actual performance, investigate variances, and communicate key financial trends.
Support the monthly close process by preparing journal entries, workpapers, and financial reports.
Create and review monthly reporting packages for property owners, including variance analysis and gross potential rent reporting.
Prepare cash flow reports, monitor cash requirements, and coordinate distributions and transfers as needed.
Assist with mortgage and debt service reporting.
Produce special financial reports requested by ownership or lenders.
Provide financial information and supporting documentation to support annual audit activities.
Coordinate with AP, AR, and reconciliation teams regarding payments, receipts, and related accounting items.
Handle property, ownership, and internal requests in a timely and professional manner.
Manage multiple properties and competing deadlines while maintaining accurate, organized records.

Required Qualifications

Bachelor’s degree in Accounting or a related field.
3–5 years of property management accounting or financial analysis experience.
Experience with condominium or cooperative properties is required; candidates with only commercial property experience will not be considered.
Experience using both cash-basis and accrual-basis accounting methods.
Demonstrated budgeting and variance analysis experience.
Ability to manage a portfolio of properties and handle competing deadlines.
Strong Excel skills and familiarity with Yardi 7S or similar property accounting software.
Clear written and verbal communication skills, attention to detail, and ability to work independently.

Technology & Tools

Excel
Yardi 7S

Location and Work Arrangement

The role is based in New York, NY in a hybrid format. The schedule includes onsite during the first month, followed by hybrid work with two onsite days per week. Onsite days are flexible.

Portfolio Scope

Initial coverage is approximately 10–12 residential properties, with potential growth to 20–25 properties.

Compensation

USD 115,000–120,000 per year.

Financial Analyst