Property Accountant

Property AccountantLocation: Midtown Manhattan Work Schedule: Hybrid after trainingEmployment Type: Full-TimeAbout the OpportunityOur client is seeking an experienced Property Accountant to join their accounting team and support a high-volume portfolio of properties. This role is ideal for a detail-oriented accounting professional with a strong background in property management accounting, including both cash and accrual accounting, financial reporting, and budgeting.The successful candidate will have experience managing accounting responsibilities for 20–25 properties and will be highly proficient in budgeting and financial analysis.Key ResponsibilitiesManage the full accounting cycle for a portfolio of approximately 20–25 propertiesPerform and oversee both cash and accrual accountingPrepare monthly financial statements, account reconciliations, and variance analysis Manage monthly, quarterly, and annual close processes Develop, manage, and monitor property budgets and forecastsAnalyze actual results against budget and investigate significant variances Prepare property-level financial reporting for management and stakeholders Maintain accurate general ledger accounts and ensure proper classification of expenses and revenues Review accounts payable, accounts receivable, and cash activity related to assigned properties Assist with year-end close, audits, and tax-related reporting as needed Partner with property management teams to address financial questions and provide accounting support Identify opportunities to improve accounting processes and reporting QualificationsProperty management accounting experience requiredExperience managing accounting for a high-volume portfolio of propertiesStrong experience with both cash and accrual accountingStrong budgeting experience is requiredProven ability to analyze financial results, prepare variance explanations, and forecast performance Strong understanding of general ledger accounting and financial reporting Excellent Excel skills Highly organized and detail-oriented with the ability to manage multiple properties and deadlines simultaneously Strong communication and interpersonal skills Ability to work independently while partnering effectively with property management and accounting teams Work ScheduleThis position will be onsite 5 days per week during the initial training period. Once fully trained and integrated into the role, the position will transition to a hybrid schedule with 2 days onsite per week at the company's Midtown Manhattan location near 53rd Street and 3rd Avenue.This is an excellent opportunity for a Property Accountant with strong property management experience to take ownership of a substantial portfolio and play an important role in budgeting, financial reporting, and overall property performance. Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company’s 401(k) retirement plan. Additional disclaimer: Unless otherwise noted in the job description, the position Vaco/Highspring is filing for is occupied. Please note, however, that Vaco/Highspring is regularly asked to provide talent to other organizations. By submitting to this position, you are agreeing to be included in our talent pool for future hiring for similarly qualified positions. 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. Further assessment of candidates beyond this initial phase within Vaco/Highspring will be otherwise assessed by recruiters and hiring managers. Vaco/Highspring does not have knowledge of the tools used by its clients in making final hiring decisions and cannot opine on their use of AI products. Manhattan, NJ, US Hybrid Real Estate Vaco $ 110000.00 - 115000.00 yearly direct hire