Senior Property Accountant
Job in
Chicago, Cook County, Illinois, 60290, USA
Listed on 2026-07-23
Listing for:
Addison Group
Full Time
position Listed on 2026-07-23
Job specializations:
-
Accounting
Financial Reporting, Senior Accountant, Financial Analyst, Accounting Manager
Job Description & How to Apply Below
Addison Group has partnered on the search for a Senior Property Accountant to support the accounting and financial reporting functions of a real estate investment fund with a portfolio of 16 joint venture properties, including assets in operation and under development. This role will be a key contributor to the monthly, quarterly, and annual close processes and will work closely with asset management, development, and joint venture partners.
Responsibilities- Lead and execute monthly, quarterly, and annual close processes for assigned properties, ensuring accuracy and timeliness
- Prepare and review journal entries, account reconciliations, and supporting schedules
- Maintain property-level financial statements in accordance with GAAP and partnership agreements
- Analyze operating results, budget variances, and key financial metrics; provide actionable insights to management
- Coordinate with joint venture partners, property managers, and third-party operators to ensure completeness and accuracy of financial data
- Support development accounting, including capitalization of project costs, construction draws, and budget tracking
- Assist with preparation of investor reporting packages and lender compliance requirements
- Collaborate with auditors and support annual audit and tax processes
- Continuously improve accounting processes, internal controls, and reporting efficiencies
- Bachelor’s degree in Accounting or Finance; CPA preferred
- 3+ years of accounting experience, with a strong preference for real estate or property accounting
- Strong knowledge of GAAP and financial reporting principles.
- Advanced proficiency in Excel; experience with Yardi, MRI, or similar property accounting systems is a plus
- Detail-oriented with strong analytical, organizational, and problem-solving skills
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment
- Effective communication skills and ability to work cross-functionally with internal and external stakeholders
Position Requirements
10+ Years
work experience
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