Property Accountant

Property Accountant

Chicago, IL

$70,000.00/yr - $/yr

• One of the largest commercial real‑estate companies in the Chicago‑land area
• Company promotes people from within and supports personal growth
• Competitive salaries and a benefits package that includes medical, dental, vision and life insurance, a tuition reimbursement plan, a 401(k) program, and flexible spending accounts
• Great work‑life balance
• Casual/friendly culture
• Hybrid schedule, three days in office

• Prepare monthly journal entries
• Reconcile bank accounts, including escrow and reserve accounts
• 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
• 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 accountants to provide consolidated financial and operating reporting for the multifamily portfolio
• Handle owner distributions and 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

• 1+ years of accounting experience
• Real‑estate experience
• Bachelor’s degree

Entry level

Full‑time

Accounting/Auditing and Finance

Accounting