Accounting Manager

Remedy Medical Properties; Chicago (IL); On-site; USD 100,000 - 125,000; Full time

Benefits offered by this job

Health benefits

401K

Dental

Vision

Life insurance

Parental leave

Tuition Reimbursement

Commuter benefits

Flexible work arrangements

Job summary

Remedy Medical Properties, a leading healthcare real estate firm headquartered in Chicago, seeks an experienced accounting leader to oversee monthly financials, cash management, and reporting. You will supervise a team, collaborate with executives, and enhance departmental workflows.

The ideal candidate holds a Bachelor’s in Accounting with 5+ years of accounting and 2+ years of supervisory experience, plus proficiency in Excel and Yardi.

Qualifications

• Bachelor’s degree in Accounting or equivalent experience/education required.
• 5+ years accounting experience.
• 4+ years of previous real estate accounting experience required.
• 2+ years of previous supervisory experience required.
• Must be detail-oriented, accurate and reliable with excellent verbal and written communication skills.
• Excellent analytical, business intelligence and presentations skills, including the ability to analyze raw data, draw conclusions, and develop/present actionable recommendations.
• Demonstrate experience in performing in-depth problem solving and translating that problem solving into analytical, logical, and coherent written communications.
• Knowledge and expertise in real estate software, Yardi preferred.
• Proficiency in Microsoft based software, especially Excel.

Responsibilities

• Review the monthly financial statement packages and enforce all deadlines for accounting and financial statement distribution.
• Oversee cash management, including approval of the issuance of checks and monitoring and maintenance of cash balances.
• Interface professionally with building management and owner representatives on financial and operational issues.
• Supervises a team of direct reports to ensure the timely and accurate reporting of all monthly financial information.
• Collaborates with EVPs of Accounting, Assistant Controller, Senior Accounting Managers, and other Accounting Managers to support overall department goals and objectives.
• Provides training, coaching and counseling to new and existing team members as needed.
• Works with each direct report to establish goals and objectives; monitors and advises on progress to enhance the professional development of staff.
• Assists in the development and implementation of new procedures and processes to enhance the workflow of the department.
• Responsible for understanding, monitoring and altering workloads of team members.
• Provides annual and mid-year performance evaluations for team members and input related to salary increases, bonuses, promotions, etc.
• Addresses and documents personnel issues related to staff conflicts, absenteeism, performance issues, etc.
• Escalates performance issues through the appropriate channels as necessary and participates in the design and delivery of Performance Improvement Plans if needed.
• Participates in hiring process for new team members; reviews pre-screened resumes, interviews potential employees and provides input on hiring decisions for team.
• Approves time-off requests and coordinates schedules of team members.
• Advises staff regarding the handling of non-routine reporting transactions.
• Prepare/review annual escalation and settlement billings for CAM, RET and other applicable additional charges
• Assist the General Manager in the preparation and review of the annual budget when needed
• Responsible for key factors of the property including mortgages, real estate tax payments, capital draws and permanent asset work papers
• Prepare the audit package for external audit and tenant operational audits, when required
• Review accuracy of the commercial rent roll and stacking plan
• Complete special projects as needed, including, but not limited to acquisitions, dispositions and refinancing
• Communicate with Real Estate Tax consultants and/or legal counsel retained by ownership, if necessary
• Review all monthly management fee billing/reimbursement information for payment by owner
• Work with property management team on management of letters of credit

Skills

Verbal communication

Written communication

Analytical skills

Presentation skills

Problem solving

Detail-oriented

Education

Bachelor's degree in Accounting

Equivalent experience/education

Tools

Yardi

Excel

Job description

Remedy is an independent, full-service healthcare real estate company providing acquisition, development, leasing, management and strategy consulting services across the United States. Headquartered in Chicago, we are the largest private owner of healthcare properties in the country. Our national presence enables us to offer the right solutions in the right place. Our team is always thinking ahead. Real estate minds trained on where healthcare is going, with bright ideas on how to get our clients there. If you’re one of those bright minds, we’d like to meet you.

For additional information, please visit our website at www.remedymed.com

Responsibilities

• Review the monthly financial statement packages and enforce all deadlines for accounting and financial statement distribution
• Oversee cash management, including approval of the issuance of checks and monitoring and maintenance of cash balances
• Interface professionally with building management and owner representatives on financial and operational issues
• Supervises a team of direct reports to ensure the timely and accurate reporting of all monthly financial information.
• Collaborates with EVPs of Accounting, Assistant Controller, Senior Accounting Managers, and other Accounting Managers to support overall department goals and objectives.
• Provides training, coaching and counseling to new and existing team members as needed. Works with each direct report to establish goals and objectives; monitors and advises on progress to enhance the professional development of staff.
• Assists in the development and implementation of new procedures and processes to enhance the workflow of the department. Responsible for understanding, monitoring and altering workloads of team members.
• Provides annual and mid-year performance evaluations for team members and input related to salary increases, bonuses, promotions, etc.
• Addresses and documents personnel issues related to staff conflicts, absenteeism, performance issues, etc. Escalates performance issues through the appropriate channels as necessary and participates in the design and delivery of Performance Improvement Plans if needed.
• Participates in hiring process for new team members; reviews pre-screened resumes, interviews potential employees and provides input on hiring decisions for team.
• Approves time-off requests and coordinates schedules of team members.
• Advises staff regarding the handling of non-routine reporting transactions.
• Prepare/review annual escalation and settlement billings for CAM, RET and other applicable additional charges
• Assist the General Manager in the preparation and review of the annual budget when needed
• Responsible for key factors of the property including mortgages, real estate tax payments, capital draws and permanent asset work papers
• Prepare the audit package for external audit and tenant operational audits, when required
• Review accuracy of the commercial rent roll and stacking plan
• Complete special projects as needed, including, but not limited to acquisitions, dispositions and refinancing
• Communicate with Real Estate Tax consultants and/or legal counsel retained by ownership, if necessary
• Review all monthly management fee billing/reimbursement information for payment by owner
• Work with property management team on management of letters of credit

Qualifications

The ideal candidate must possess the following qualifications:

• Bachelor’s degree in Accounting or equivalent experience/education required
• 5+ years accounting experience
• 4+ years of previous real estate accounting experience required
• 2+ years of previous supervisory experience required
• Must be detail-oriented, accurate and reliable with excellent verbal and written communication skills
• Excellent analytical, business intelligence and presentations skills, including the ability to analyze raw data, draw conclusions, and develop/present actionable recommendations
• Demonstrate experience in performing in-depth problem solving and translating that problem solving into analytical, logical, and coherent written communications
• Knowledge and expertise in real estate software, Yardi preferred
• Proficiency in Microsoft based software, especially Excel

$100,000-$125,000 salary range, based on experience plus benefits and bonus

Now is a great time to join our growing team at Remedy! You will work side-by-side with firm leadership to serve clients and build the business, having a direct impact on the firm’s success. We offer competitive health benefits: Medical, Dental, Vision, Life (including spouse & child), 401K, STD/LTD, Parental leave, AD&D, Tuition Reimbursement, and Commuter benefits. We offer flexibility in how and where you get your work done and meaningful relationships with clients, teammates and leadership who truly care about you and your development.

Remedy Medical Properties is committed to providing equal employment opportunities to all employees and applicants and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, marital status, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws