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Budget Analyst
$105k-130k (estimate)
Full Time 2 Months Ago
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AKAM Associates, Inc is Hiring a Budget Analyst Near New York, NY

About the Company: Founded in 1983, AKAM provides unparalleled knowledge, industry-leading technology, cost-saving initiatives, and the best customer service in the industry to every condominium, cooperative, homeowners association, and investment property we service. From comprehensive financial oversight to operations management, compliance administration, and violation removal, we maximize operational efficiency and value for our clients. Our core values include Innovation, Collaboration, Elevation, Accountability & Hospitality. 

What we offer: AKAM is proud to be Great Place to Work-Certified™. Learn more about our company by visiting akam.com. Our benefits include several healthcare, dental and vision options, a retirement program, paid time off plans, 11 paid holidays per year, educational reimbursement, transportation discount purchase programs, service, and performance awards – in addition various social and recreational activities.

Position Overview: The Budget Analyst is responsible for preparing monthly and annual financial statements for an assigned portfolio of condo/coop communities located throughout New York City. This role works closely with the property manager and resident board members to achieve the community's financial goals.

Responsibilities include, but not limited to: 

  • Responsible for preparing and presenting budgets for assigned portfolio of HOA/Condo/coop buildings. 
  • Responsible for creating and updating special assessments or capital assessments budgets.
  • Collaborate with management and onsite team as necessary to ensure all budget assumptions are accurately captured and presented in the budget.
  • Collaborate with Financial Reporting team on significant budget to actual variances to assist with variance explanation to the board as needed.
  • Communicating with the Board Treasurer and Board President regarding the financial position
  • Strong working knowledge of month end reporting process, budgets, general ledger, trial balance, accruals (on a cash basis), preparing custom reports and cash flow projections.
  • Create ad hoc reporting as needed to support the budget process.
  • Preparing and presenting budgets
  • Review new account financial files that have been transferred to AKAM to ensure budgets are accurately captured with relevant details.
  • Assist with the annual audits as necessary.
  • Assist with financial reviews as necessary.
  • Special projects as assigned.

Qualifications: 

  • Must have a bachelor’s degree in finance or accounting
  • At least 2 years of Financial Analyst or Property Accountant experience within the real estate/or property management industry
  • Experience in dealing with the monthly financial statements of HOAs, coops/condos specifically
  • Must have strong proficiency in Excel and MS Suite programs
  • BJ Murray or Yardi software experience is a plus

Benefits:

  • 401(k) matching
  • Dental insurance
  • Employee assistance program
  • Flexible spending account
  • Health insurance
  • Life insurance
  • Paid time off
  • Referral program
  • Retirement plan
  • Vision insurance

AKAM Living Services, Inc., is committed to maintaining a diverse workforce and an inclusive work environment. AKAM is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws. All qualified applicants are encouraged to apply and will be considered for employment without regard for any characteristic protected by applicable law.

Job Summary

JOB TYPE

Full Time

SALARY

$105k-130k (estimate)

POST DATE

03/24/2024

EXPIRATION DATE

05/23/2024

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