New

Property Accountant

Vaco
$100,000.00 - $115,000.00 / yr
United States, New York, New York
Mar 03, 2026
Property Accountant Location: Hybrid NYC Salary: $100k-115k The Opportunity: Our client is seeking a high-caliber Property Accountant to take full ownership of the month-end close and financial health of a dedicated NYC residential portfolio. This is a "True Accounting" seat designed for a professional with elite analytical skills who can manage the complexities of multi-entity reporting. You will start by managing 10-12 individual property entities, with the expectation to scale to 20-25 properties once fully onboarded. This role requires a "numbers-first" mindset-someone who doesn't just record entries but deeply analyzes actual-vs-budget variances and maintains precise cash projections for ownership. Key Responsibilities Full-Cycle Month-End Close Entity Management: Lead the complete month-end closing process for a growing portfolio where each property is its own legal and financial entity. General Ledger: Perform all necessary journal entries, accruals, and monthly workpaper preparations with 100% accuracy. Reconciliations: Execute monthly bank and security deposit reconciliations, ensuring all tenant and vendor activity is accounted for. Financial Analysis & Cash Strategy Budget vs. Actual: Conduct rigorous analytical reviews of financial performance; you must be able to "tell the story" behind the numbers and explain variances to ownership. Cash Flow & Projections: Manage daily cash for each property, ensuring liquidity for operating expenses and preparing forward-looking cash projections. Audit Support: Act as the primary point of contact for annual audits, providing all necessary schedules and documentation. High-Volume Budgeting Annual Cycles: Drive the intensive budgeting process (Late Summer through Thanksgiving). You must be a "master juggler" capable of building complex Operating and Capital budgets for 20+ entities simultaneously. Strategic Input: Work closely with property managers and ownership to align budget assumptions with historical data and future capital needs. Qualifications Education: B.S. in Accounting is preferred. Experience: 3-5 years of Full-Cycle Property Accounting experience, specifically within the NYC residential market. Technical Mastery: Expert-level understanding of Accrual Accounting and GAAP. Software: High proficiency in Excel and Yardi 7s (or similar enterprise real estate software). Traits: Strong organizational skills with the ability to manage a high volume of deadlines during peak seasons (Budgeting/Year-End). 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. Privacy Notice 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. Virginia residents may access our state specific policies here. Residents of all other states may access our policies here. Canadian residents may access our policies in English here and in French here. Residents of countries governed by GDPR may access our policies here. 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.