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Accounting Manager

Job in McHenry, McHenry County, Illinois, 60050, USA
Listing for: Bear Real Estate Group
Full Time position
Listed on 2025-12-23
Job specializations:
  • Accounting
    Accounting Manager, Financial Reporting
Job Description & How to Apply Below
Position: ACCOUNTING MANAGER

The Accounting Manager oversees the daily operations of the property accounting function for BPM across Commercial, Market Rate, and LIHTC properties. This role ensures an accurate and timely monthly close process for all asset types while preparing and reviewing financial statements across multiple accounting systems. The Accounting Manager supervises the property accounting team, partners closely with the BPM Controller to ensure accurate recording of company transactions, and ensures timely preparation of financial reporting packets for owners and leadership.

The position also maintains and strengthens internal controls to ensure compliance with all policies and procedures across the entire portfolio.

Primary Responsibilities
  • Prepare monthly financial statements for complex properties and review financials prepared by accounting team members.
  • Distribute financial packages to Asset Management and respond to follow‑up inquiries.
  • Review commercial leases and management agreements to ensure accurate system setup (management fees, support fees, CAMs).
  • Reconcile bank accounts and ensure clearing of stale reconciling items.
  • Oversee management fee calculations, allocations, and billing.
  • Monitor cash flows, distributions, and contribution requests and ensure all critical payments are made on time.
  • Lead the annual budgeting process and confirm accurate input into accounting systems.
  • Supervise and mentor property accounting team members.
  • Provide performance feedback and support professional growth.
  • Train and onboard new accounting team members.
  • Build strong working relationships across teams and promote effective communication.
Operational & Compliance Support
  • Oversee accuracy of day‑to‑day journal entries (AP, AR, cash disbursements, billing, collections, payroll, fixed assets, and general/entity accounting).
  • Review annual CAM reconciliations for commercial managed properties.
  • Coordinate with internal departments (Operations, Asset Management) to ensure accounting reflects accurate and updated information.
  • Evaluate and enhance existing accounting policies, procedures, and workflows to improve efficiency and effectiveness.
  • Perform additional duties as assigned by management.
Qualifications

Education & Experience

  • Bachelor’s degree in Accounting or equivalent experience.
  • 5+ years of real estate, property management, or corporate accounting experience.
  • Strong understanding of GAAP and related accounting principles.

Technical Skills

  • Advanced Microsoft Excel or database/warehouse management proficiency.
  • Experience with Microsoft Office/Teams, App Folio, Real Page, Docu Sign, Adobe, Net Suite, etc.
  • Strong ability to prepare and review complex financial statements.

Professional Skills

  • Excellent written and verbal communication.
  • Strong organizational, analytical, and problem‑solving abilities.
  • Ability to prioritize tasks and maintain attention to detail.
  • Ability to work independently and in a team environment.
  • Strong interpersonal skills with sound judgment and timely decision‑making.
  • Creative, flexible, and innovative mindset.
Competencies
  • Analytical:
    Synthesizes complex data, researches information, and designs effective workflows.
  • Teamwork:
    Promotes positive team spirit and prioritizes team success.
  • Quality Management:
    Champions accuracy and continuous improvement.
  • Business Acumen:
    Understands financial impacts of decisions; aligns work to business strategy.
  • Organizational Support:
    Follows policies, completes tasks accurately, and supports organizational goals and diversity.
  • Judgment:
    Makes sound, timely decisions with appropriate input from stakeholders.
  • Planning & Organizing:
    Efficiently prioritizes, plans resources, and sets actionable goals.
  • Professionalism:
    Treats others respectfully, performs well under pressure, and follows through on commitments.
  • Adaptability:
    Navigates change and competing priorities effectively.
  • Initiative:
    Takes proactive action, seeks responsibility, and supports others when needed.
  • Innovation:
    Generates creative solutions and presents ideas effectively.
What You’ll Love About Working Here
  • Invest in Your Future: 401(k) with company match, plus annual merit‑based increases
  • Prioritize Your Health: Comprehensive medical,…
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