AKAM · 4 days ago
Director of Client Finance
AKAM is a company that provides unparalleled knowledge and industry-leading technology in property management. The Director of Client Finance is responsible for overseeing financial management for a large portfolio of condominiums and cooperatives, ensuring accuracy in financial reporting and leading a team of finance professionals.
ConstructionConsultingLeasingProperty ManagementReal Estate
Responsibilities
Oversee the preparation, accuracy, and delivery of monthly financial statements for all managed condominium and cooperative properties
Review income statements, balance sheets, general ledgers, and supporting schedules to ensure compliance with GAAP and local NYC co-op/condo accounting standards
Serve as the primary financial contact for board treasurers, auditors, and property managers, ensuring timely responses and proactive financial guidance
Monitor reserve and operating accounts for all client properties, ensuring appropriate controls and compliance with governing documents
Direct the annual budget process for each client property, working closely with property managers and board finance committees
Develop multi-year financial and capital planning models to support strategic decision-making by boards
Review and approve budgets prior to board presentation, ensuring reasonableness and accuracy of assumptions
Coordinate annual audits and tax filings for all client properties; serve as liaison with external auditors and tax preparers
Ensure timely submission of financial statements, audited reports, and regulatory filings
Lead and mentor a team of property accountants and accounting managers, setting standards for accuracy, timeliness, and client service
Implement best practices in financial reporting, internal controls, and workflow efficiency
Partner with the technology team to optimize accounting systems (e.g., Yardi, MRI, or RealPage) and streamline reporting processes
Develop and monitor key performance indicators (KPIs) for the client finance function
Participate in board meetings as needed to present financials, budgets, and capital plans
Provide financial analysis and recommendations to boards regarding assessments, loans, or major projects
Support the business development team by providing financial expertise during pitches or onboarding of new client accounts
Qualification
Required
Bachelor's degree in Accounting, Finance, or related field (CPA or MBA preferred)
8–12+ years of accounting or finance experience within property management, real estate, or co-op/condo operations
Strong understanding of NYC cooperative and condominium financial structures, including maintenance, common charges, reserves, and assessments
Experience managing accounting teams and overseeing client portfolios
Proficiency with property management accounting platforms (Yardi, MRI, RealPage, or similar)
Exceptional communication and presentation skills, especially in working with boards and auditors
Detail-oriented, organized, and capable of thriving in a deadline-driven environment
Preferred
CPA or MBA
Benefits
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
Various social and recreational activities