Portfolio Accountant

Phaxis - Financial Services; Illinois; Hybrid; USD 75,000 - 90,000; Full time

Job summary

A growing real estate investment client of Phaxis is seeking an experienced Portfolio Accountant to oversee financial reporting, portfolio accounting, and performance analysis for a diversified real estate investment portfolio in Chicago. This role will partner with internal stakeholders to ensure accurate reporting, support strategic initiatives, and drive process improvements.

Hybrid schedule: 3 days/week on-site in The Loop.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 1-3+ years of accounting experience, preferably within real estate, investments, or asset management
• CPA designation or progress toward certification is highly preferred
• Strong knowledge of financial reporting and accounting standards
• Advanced Excel and financial analysis skills
• Excellent attention to detail, organization, and problem-solving abilities
• Strong communication skills with the ability to work across multiple teams

Responsibilities

• Manage accounting activities related to monthly, quarterly, and annual reporting cycles
• Analyze portfolio and property-level financial results to ensure accuracy and completeness
• Prepare account reconciliations, journal entries, and supporting schedules
• Support investment transactions, capital activity, and cash movement processes
• Assist with audit, tax, and investor reporting requirements
• Produce financial and operational reporting for management and external stakeholders
• Monitor portfolio performance and provide meaningful financial insights
• Improve accounting workflows, controls, and reporting processes
• Participate in cross-functional projects and operational initiatives

Skills

Financial analysis

Communication

Attention to detail

Cross-team collaboration

Education

Bachelor's degree in Accounting/Finance

Tools

Excel

Job description

Job Description

Role: Portfolio Accountant (Real Estate/Asset Management)

Location: Chicago, IL (in The Loop)

Schedule: HYBRID - 3 days/week on-site

Type: Direct Hire/Permanent Placement

Starting Salary: $75,000 - $90,000 (depending on experience, certifications, etc.)

A growing real estate investment client of Phaxis is seeking an experienced Portfolio Accountant to oversee financial reporting, portfolio accounting, and performance analysis for a diversified real estate investment portfolio. This individual will partner with internal stakeholders to ensure accurate reporting, support strategic initiatives, and drive process improvements.

Primary Responsibilities:

• Manage accounting activities related to monthly, quarterly, and annual reporting cycles
• Analyze portfolio and property-level financial results to ensure accuracy and completeness
• Prepare account reconciliations, journal entries, and supporting schedules
• Support investment transactions, capital activity, and cash movement processes
• Assist with audit, tax, and investor reporting requirements
• Produce financial and operational reporting for management and external stakeholders
• Monitor portfolio performance and provide meaningful financial insights
• Improve accounting workflows, controls, and reporting processes
• Participate in cross-functional projects and operational initiatives

Qualifications:

• Bachelor's degree in Accounting, Finance, or related field.
• 1-3+ years of accounting experience, preferably within real estate, investments, or asset management
• CPA designation or progress toward certification is highly preferred
• Strong knowledge of financial reporting and accounting standards
• Advanced Excel and financial analysis skills
• Excellent attention to detail, organization, and problem-solving abilities
• Strong communication skills with the ability to work across multiple teams