New

Property Accountant

Vaco
$95,000.00 - $105,000.00 / yr
United States, New York, New York
Dec 25, 2025
Client: Residential Property Management Firm Role: Property Accountant Salary: $95,000 - $105,000/annually + Benefits Location: Union Square, Manhattan (5 days a week onsite) Role Overview As a Property Accountant, you will serve as the financial steward for a dedicated portfolio of residential properties. You will be responsible for the full-cycle accounting process, ensuring the integrity, accuracy, and timeliness of monthly financial reporting. This is a critical role that bridges daily transactional oversight with high-level year-end compliance and tax preparation. Key Responsibilities Financial Reporting: Lead the month-end close process and prepare comprehensive internal and external financial statements for stakeholders. General Ledger Management: Analyze and reconcile G/L accounts, ensuring all activity for assigned properties is accurately reflected. Cash Management: Review daily banking transactions, record monthly wires and debt service payments, and perform bank reconciliations (including tenant security accounts). Escrow & Reserves: Monitor and record all activity related to mortgage escrows and reserve accounts. Tax & Audit Readiness: Compile audit and tax work-papers; record year-end journal entries to facilitate the seamless preparation of audited statements and tax returns. Regulatory Compliance: Manage property tax compliance matters, including the filing of NYC RPIE forms, annual certiorari applications, and tax petitions. Ad-Hoc Support: Provide analytical support and assist with special projects as needed to improve portfolio performance. Qualifications Education: Bachelor's degree in Accounting, Finance, or a related field. Experience: Minimum of 5 years of progressive accounting experience, specifically within the real estate industry. Software Expertise: Proficiency in Yardi is strictly required. Technical Skills: Advanced working knowledge of MS Excel and a strong understanding of residential accounting principles. Industry Knowledge: Experience with Tax Credit (LIHTC) residential properties is a significant plus. Soft Skills: Exceptional communication skills and a proactive approach to problem-solving. 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.