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Property Accountant

Job in Chicago, Cook County, Illinois, 60657, USA
Listing for: CFS
Full Time position
Listed on 2026-06-06
Job specializations:
  • Accounting
    Financial Reporting, Tax Accountant
  • Finance & Banking
    Financial Reporting, Tax Accountant
Job Description & How to Apply Below
Property Accountant

Our client is a well‑established real estate organization with over 30 years of proven success. As the company continues to expand its portfolio, they are seeking a Property Accountant to join their growing accounting team. They are looking for someone with strong real estate accounting experience who can support a dynamic environment and contribute to continued organizational growth.

Why Work Here as a Property Accountant?
  • Over 30 years of industry presence and consistent growth
  • Great work‑life balance
  • Casual, friendly, team‑oriented culture
Responsibilities of the Property Accountant
  • Prepare monthly journal entries
  • Reconcile bank accounts, escrows, and reserve accounts
  • Maintain supporting work papers for key balance sheet accounts (prepaids, accruals, mortgage payable, interest payable, real estate tax payable, tenant AR/AP, etc.)
  • Reconcile capital activity for properties
  • Prepare journal entries related to acquisitions, dispositions, and financing activity
  • Analyze tenant allowances, lease commissions, and other capital items for accurate classification
  • Provide consolidated financial and operating reporting support for the multifamily portfolio
  • Process owner distributions and lender draws
  • Assist with tax return preparation and provide supporting documentation
  • Work with external auditors for year‑end audits and tax filings
  • Assist with preparation and review of annual property budgets
  • Participate in special projects and prepare ad hoc reporting
  • Support tenant reconciliations and annual CAM/tax estimates
Experience & Qualifications
  • 1+ years of accounting experience
  • Real estate accounting experience required
  • Bachelor’s degree in Accounting or related field
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