Financial Analyst

Financial Analyst – Rental at First Service Residential

Description

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. This hybrid role can report to our downtown Corporate office in Manhattan, New York or Corporate office in Minnesota.

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 First Service 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.

Benefits

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 $85,000 – $115,000 / year

Entry level

Full-time

Finance and Sales