Property Accountant

GGP; Chicago (IL); On-site; USD 70,000 - 90,000; Full time

Job summary

GGP is seeking a Property Accountant to accurately record property-level financials in accordance with GAAP and company policies. You will prepare financial statements, reconciliations, and variance analyses to support property operations and work with property teams and corporate finance.

This role requires a bachelor's degree in accounting or related field, 2+ years in accounting, experience with JD Edwards or Yardi, and strong Excel skills. CPA candidate is a plus.

Qualifications

• High school diploma or GED required.
• Bachelor's degree in Accounting, Business, or a related field required; CPA candidate is a plus.
• Minimum of 2 years of experience in related accounting or finance role; real estate industry preferred.
• Experience preparing workpapers supporting accrual-based GL entries and responding to audit inquiries.
• Strong organizational and problem-solving skills with the ability to meet deadlines.
• Strong written and verbal communication skills.
• Excellent attention to detail and accuracy.
• Working knowledge of Microsoft Office with intermediate Excel skills.
• Experience with an ERP general ledger, preferably JD Edwards or Yardi.
• Ability to apply AI tools effectively while ensuring accuracy and data integrity.

Responsibilities

• Prepare balance sheets and income statements for assigned portfolio of properties, ensuring accuracy and compliance.
• Analyze, document, and record transactions in the Company's JD Edwards general ledger, maintaining thorough supporting workpapers.
• Provide detailed explanations for all balance sheet and income statement variances.
• Calculate CAM charges according to lease agreements.
• Collaborate with property teams, financial reporting teams, and other business partners to ensure smooth financial operations.
• Document and record ownership-level transactions and adjustments for assigned portfolio based on relevant legal documentation such as debt agreements, purchase and sales contracts, and joint venture agreements.
• Stay informed on external accounting and reporting practices to understand transaction disclosures and financial trends.
• Other duties as assigned.

Skills

Organizational skills

Problem-solving

Communication skills

Attention to detail

Excel skills

JD Edwards

Yardi

AI tools usage

Education

Bachelor's degree in Accounting, Business, or a related field

CPA candidate (preferred)

Tools

JD Edwards

Yardi

Microsoft Excel

Job description

The Property Accountant is responsible for accurately recording and reporting property-level financial statements in accordance with GAAP and company policies. This role ensures timely preparation of financial statements, reconciliations, and variance analyses to support property operations. The Property Accountant also collaborates with property teams and corporate finance to maintain compliance and drive financial accuracy.

Responsibilities

• Prepare balance sheets and income statements for assigned portfolio of properties, ensuring accuracy and compliance.
• Analyze, document, and record transactions in the Company's JD Edwards general ledger, maintaining thorough supporting workpapers.
• Provide detailed explanations for all balance sheet and income statement variances.
• Calculate tenant common area maintenance (“CAM”) charges according to lease agreements.
• Collaborate with property teams, financial reporting teams, and other business partners to ensure smooth financial operations.
• Document and record ownership-level transactions and adjustments for assigned portfolio based on relevant legal documentation such as debt agreements, purchase and sales contracts, and joint venture agreements.
• Stay informed on external accounting and reporting practices to understand transaction disclosures and financial trends.
• Other duties as assigned.

Qualifications

• High school diploma or GED required.
• Bachelor's degree in Accounting, Business, or a related field required; CPA candidate is a plus.
• Minimum of 2 years of experience in related accounting or finance role required; experience within the real estate industry is preferred.
• Demonstrated experience preparing workpapers supporting accrual-based general ledger entries and responding to audit inquiries.
• Strong organizational and problem-solving skills with the ability to meet deadlines.
• Strong written and verbal communication skills.
• Excellent attention to detail and accuracy.
• Working knowledge of Microsoft Office Suite with intermediate-level Excel skills.
• Experience with an ERP general ledger, preferably JD Edwards or Yardi.
• Ability to apply AI tools effectively while ensuring accuracy and data integrity.

Compensation:

• Salary type: Exempt
• Annual Base Salary Range: $70,000 - $90,000