Property Accountant
Position Id
EB-9261399161
EB-9261399161
City
Chicago
Chicago
State
IL
IL
Property Accountant
Our client is a fast-growing real estate company experiencing significant success in recent years. As they continue to expand, they are looking to add a Property Accountant to their team. They are seeking a candidate with a strong background in a similar environment to support their ongoing growth and contribute to their continued success.
$70,000-$100,000
Why work here as a Property Accountant?
Responsibilities for the Property Accountant:
Experience for the Property Accountant:
Our client is a fast-growing real estate company experiencing significant success in recent years. As they continue to expand, they are looking to add a Property Accountant to their team. They are seeking a candidate with a strong background in a similar environment to support their ongoing growth and contribute to their continued success.
$70,000-$100,000
Why work here as a Property Accountant?
- One of the largest commercial real estate companies in the Chicago land area
- Company prides itself on promoting people from within, wants employees to continue to feel the satisfaction that comes with personal growth
- Offers competitive salaries and a benefits package that includes medical, dental, vision and life insurance, a tuition reimbursement plan, a 401K program, and flexible spending accounts
- Great work life balance
- Causal/friendly culture
- Hybrid schedule, 3 days in office
Responsibilities for the Property Accountant:
- Prepare monthly journal entries
- Reconcile bank accounts including escrows and reserves
- Maintain supporting work-papers for balance sheet accounts such as Prepaid and Accrued Expenses, Mortgage and Interest Payable, Real Estate Tax payable, and tenant related receivables/payables, etc.
- Reconcile capital activity
- Prepare journal entries related to significant transactions such as acquisitions, dispositions and financings.
- Maintain Fixed Asset database and prepare depreciation journal entries.
- Analyze lease commissions, tenant allowances and other capital items for proper classification.
- Collaborate with Property Management to prepare monthly variance analysis of operating revenue and expenses.
- Coordinate with other Senior Accountant to provide consolidated financial and operating reporting for the multifamily portfolio
- Owner distributions
- Lender Draws
- Prepare data to support the preparation of tax returns.
- Assist outside firms with audit and/or year-end tax filings.
- Assist with preparation and review of annual property budgets.
- Participate in special projects and prepare ad hoc reports as needed.
- Assist in preparation of tenant reconciliations and estimates in accordance with stipulated lease terms.
Experience for the Property Accountant:
- 1+ years of Accounting experience
- Real estate experience
- Bachelor’s degree