About AKAM
Founded in 1983, AKAM provides comprehensive management services to condominiums, cooperatives, homeowners associations, and investment properties. Through financial oversight, operations management, compliance administration, and violation resolution, we help maximize operational efficiency and value for our clients.
What We Offer
AKAM is proud to be Great Place to Work-Certified™. We offer healthcare, dental, and vision options; a retirement program; paid time off; 11 paid holidays annually; educational reimbursement; transportation discount programs; service and performance awards; and social and recreational activities. Learn more at akam.com.
The Property Accounting Manager oversees financial reporting and accounting operations for a portfolio of condominiums and cooperatives managed by the firm. Leading a team of 2–5 accounting professionals, this role is responsible for reviewing financial work, coordinating deliverables, and ensuring accurate, timely, and clearly communicated financial information.
The Property Accounting Manager serves as the central point of accountability for client financials, budgets, audits, and financial communications. This role works closely with property managers, external auditors, internal leadership, and client boards to explain results, resolve issues, and support informed decisions. The ideal candidate brings strong accounting judgment, public accounting experience, and the confidence to present financial information to board members and executives.
Key ResponsibilitiesTeam Leadership and Financial Oversight- Lead, coach, and oversee a team of 2–5 accounting professionals, establishing clear priorities, responsibilities, and deadlines.
- Review team deliverables for accuracy, completeness, and consistency, providing guidance and resolving accounting questions.
- Coordinate monthly, quarterly, and annual reporting across the portfolio, ensuring deadlines are met and outstanding issues are addressed.
- Maintain effective internal controls and promote accountability, sound accounting practices, and responsive client service.
- Oversee and review monthly financial statements, income statements, balance sheets, general ledgers, reconciliations, and supporting schedules.
- Ensure financial reporting follows GAAP, as applicable, and relevant client reporting requirements.
- Analyze financial results, budget variances, cash positions, and reserve balances; identify significant issues and communicate recommended next steps.
- Oversee operating and reserve account reconciliations, confirming appropriate documentation, controls, and alignment with governing documents.
- Coordinate financial inquiries among the accounting team, property managers, auditors, and internal stakeholders.
- Oversee annual audit and tax preparation support, review supporting schedules, and serve as a primary contact for external auditors and tax preparers.
- Oversee applicable financial and regulatory reporting, including Real Property Income and Expense (RPIE) filings where required, and ensure required statements, audited reports, and filings are completed on time.
- Lead the annual budgeting process in collaboration with property managers and the accounting team.
- Review budget assumptions, supporting schedules, forecasts, and multi-year capital plans for accuracy and reasonableness.
- Evaluate operating performance, funding needs, assessments, financing options, and major capital expenditures.
- Present budgets and financial plans to boards and executives, clearly explaining assumptions, risks, and recommendations.
- Serve as a primary financial resource for condominium and cooperative boards, property managers, and internal leadership.
- Lead presentations of financial statements, budgets, capital plans, and other financial matters at board and executive meetings.
- Translate complex accounting and financial information into clear, practical explanations for audiences with varying levels of financial knowledge.
- Anticipate questions, coordinate responses, and ensure follow-through on financial commitments and action items.
- Bachelor’s degree in Accounting, Finance, or a related field; CPA preferred.
- 8–12+ years of progressive accounting or financial reporting experience, including required public accounting experience.
- Demonstrated experience supervising a small accounting team and reviewing the work of others.
- Strong knowledge of accounting principles, financial statement review, budgeting, forecasting, internal controls, and audit coordination.
- Ability to manage multiple reporting cycles, prioritize competing deadlines, and take ownership of financial deliverables from preparation through final communication.
- Strong written, verbal, and presentation skills, with experience presenting financial information to boards, executives, clients, or other senior stakeholders.
- Sound judgment, attention to detail, and the ability to identify issues, guide solutions, and ensure follow-through.
- Real estate, property management, or condominium and cooperative accounting experience is a plus.
- Familiarity with maintenance and common charges, reserves, assessments, capital planning, and NYC property reporting requirements is a plus.
- Yardi experience is a plus; familiarity with Avid and monday.com is also helpful.
Skills Required
- Bachelor's degree in Accounting, Finance, or a related field
- 8–12+ years of progressive accounting or financial reporting experience
- Public accounting experience
- Experience supervising a small accounting team and reviewing others' work
- Knowledge of accounting principles, financial statement review, budgeting, forecasting, internal controls, and audit coordination
- Ability to manage multiple reporting cycles, prioritize competing deadlines, and own financial deliverables
- Strong written, verbal, and presentation skills, including presenting financial information to boards, executives, or clients
- Sound judgment, attention to detail, issue identification, solution guidance, and follow-through
- CPA certification
- Real estate, property management, or condominium and cooperative accounting experience
- Familiarity with maintenance and common charges, reserves, assessments, capital planning, and NYC property reporting requirements
- Yardi experience
- Familiarity with Avid and monday.com
What We Do
Powered by its people and its properties, AKAM sets the standard in property management and brokerage for both residential and commercial properties. With deep history and expertise in New York and Florida as well as a vision for growth across the nation, AKAM has been cultivating thriving communities through its hospitality-led team, leading operational standards and rich service offerings.
