Property Accountant

FirstService Residential; Chicago (IL); Hybrid; USD 75,000 - 83,000; Full time

Benefits offered by this job

Full comprehensive benefits

Life insurance

401(k) with company match

Paid time off

Tuition reimbursement

Paid holidays

Job summary

FirstService Residential is seeking a Property Accountant in Chicago to prepare financial statement packages and reconciliations for condominium and homeowner associations. You will post journal entries, review GL accounts, and ensure accuracy across AR/AP, with close support for audits and annual budgets.

You’ll partner with community managers to explain statements, analyze variances, and deliver insightful financial reports, supporting clients with comprehensive packages and timely responses.

Qualifications

• Associate’s degree or higher in accounting or equivalent.
• Strong understanding of general ledger, balance sheets, income statements, chart of accounts and journal entries.
• Two to three years’ experience in property management, real estate, or residential management preferred.
• Superior oral and written communication skills.
• Growth mindset and ability to multi-task/prioritize projects.

Responsibilities

• Prepare, verify, and deliver Financial Statement packages for condominium/homeowner associations.
• Prepare Balance Sheet reconciliations and analyze accounts for accuracy.
• Post journal entries to the General Ledger and review reports for close accuracy.
• Review Accounts Receivable and Accounts Payable transactions for proper coding and discrepancies.
• Analyze variances on Income Statement and changes on Balance Sheet.
• Prepare additional financial reports for client financial packages.
• Assist CPA firms in audits or reviews of associations.
• Analyze and post end-of-year audit adjusting entries.
• Prepare annual budget worksheets for clients.
• Assist Community Association Managers with monthly financial statements questions.

Skills

General ledger understanding

Balance sheets & income statements

Journal entries

Oral & written communication

Multi-tasking & prioritization

Education

Accounting degree (Associate or higher)

Job description

Description

Job Overview

As a Property Accountant, you’ll be responsible for this role producing detailed financial statement packages, account reconciliations, and report analysis for a variety of client accounts. You’ll partner closely with the community management team to meet and exceed client expectations.

This is a hybrid opportunity based out of our Chicago corporate office.

Your Responsibilities

• Prepare, verify, and deliver Financial Statement packages for an assigned portfolio of Condominium and/or Homeowner Associations following quality standards established by FirstService Residential.
• Prepare Balance Sheet reconciliations and supporting schedules. Analyze the Balance Sheet and Income Statement accounts for accuracy.
• Prepare and post journal entries to the General Ledger. Review periodic reports of general ledger accounts to ensure accuracy and correct errors prior to close of accounting period.
• Review and analyze transactions from Accounts Receivables and Accounts Payable to ensure they have been accurately coded and recorded. Work with AP and AR to investigate, resolve and/or report on discrepancies.
• Research, analyze, identify and explain any variances or unexplained items on the Income Statement and changes on the Balance Sheet.
• Prepare additional financial reports to be included in the Financial Package as requested by client.
• Assist independent CPA firms in their audit and review of associations on a year-end, turnover, and/or periodic audit/review.
• Analyze and post end-of-year audit adjusting entries.
• Prepare annual budget worksheets as needed for clients.
• Assist and guide Community Association Managers by answering questions regarding monthly Financial Statements and other related matters.

Skills & Qualifications

• Associate’s degree or higher in accounting or equivalent combination of education and two years’ experience.
• Strong understanding of general ledger, balance sheets, income statements, chart of accounts and journal entries required.
• Works effectively with coworkers, clients, customers, and others by sharing ideas in a constructive and positive manner; addresses problems and issues constructively to find mutually acceptable and practical business solutions.
• Two to three years’ experience in property management, real estate, or residential management preferred.
• Must possess a growth mindset and an ability to multi-task/prioritize different projects at any given time.
• Superior oral and written communication skills.

What We Offer

• As a full-time associate, you will be eligible for full comprehensive benefits including your choice of multiple medical plans, dental, vision, life insurance, short-term and long-term disability, legal, identity theft, and pet insurance.
• You will also be eligible for company-paid life insurance and benefits from our employee assistance program.
• In addition, you will be eligible for paid time off, paid holidays, tuition reimbursement, and a 401(k) with company match.

Compensation

$ 75000 - $ 83000 / year

Disclaimer Statement

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. This is not an all-inclusive job description; therefore, management has the right to assign or reassign schedules, duties and responsibilities to this job at any time.

Automated Employment Decision Tool (AEDT) Usage

We may utilize an Automated Employment Decision Tool (AEDT) in connection with the assessment or evaluation of candidates. The AEDT is designed to assist in objectively evaluating candidate qualifications based on specific job-related characteristics.

Job Qualifications and Characteristics Assessed

The AEDT evaluates candidates based on job qualifications and characteristics pertinent to the role, including skills, experience, and competencies relevant to the position requirements. These qualifications are determined by the unique needs of each role within our company.

Alternative Selection Process or Reasonable Accommodations

Candidates who require an alternative selection process or a “reasonable accommodation,” as defined under applicable disability laws, may make a request through our designated contact channel [e-mail].

Requesting Information About the AEDT - NYC Local Law 144

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