Financial Analyst
FirstService Residential
Financial Analyst – Rental
As a Financial Analyst – Rental, you’ll be responsible for managing the financial operations of a portfolio of rental buildings in New York City. This includes preparing and presenting financial statements, overseeing budgets, and ensuring compliance with company standards and deadlines.
Your Responsibilities
- Manage financial operations for a portfolio of rental properties, including monthly financial statement preparation and presentation to property managers, asset managers, and investors.
- Analyze the general ledger and maintain balance sheet accounts for assigned properties.
- Complete all bank reconciliations and monthly work papers.
- Provide monthly accrual-based reports, variance explanations, and cash flow analysis for each entity.
- Prepare and post journal entries (bank transfers, interest income, expense reclassifications, reserve contributions, etc.).
- Review actual-to-budget performance variances and record necessary cash transfers.
- Ensure timely payment of real estate taxes and proper escrow funding.
- Oversee annual budgets: prepare budget packages, meet deadlines, and present at finance and investor meetings.
- Manage year-end close, prepare annual reports, and coordinate audits, including responding to auditor requests.
- Produce year-end security deposit schedules and support audit processes.
- Maintain compliance with FirstService Residential Global Service Standards and company policies.
Skills & Qualifications
- Bachelor’s degree in Accounting or Finance; CPA, MBA, or related experience preferred.
- 5+ years of accounting experience in property management or real estate (residential preferred).
- Strong knowledge of GAAP and cash flow management.
- Excellent organizational, leadership, and interpersonal skills.
- Critical thinking and problem-solving abilities.
- Superior oral and written communication skills.
- Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook); experience with Yardi Voyager is a plus.
- Ability to work independently and in a team environment, prioritize tasks, and meet deadlines.
What We Offer
As a full-time associate, you will be eligible for comprehensive benefits including multiple medical plans, dental, vision, life insurance, short-term and long-term disability, legal, identity theft, and pet insurance. Additional benefits include company-paid life insurance, employee assistance programs, paid time off, paid holidays, tuition reimbursement, and a 401(k) with company match.
Compensation
$90,000 – $120,000 / year
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