Property Accountant

The Inland Real Estate Group of Companies, Inc.; Chicago (IL); On-site; USD 61,000 - 76,000; Full time

Benefits offered by this job

Medical/Dental/Vision insurance (PPO)

401(k) with company match

Paid vacation and holidays

Sick time

Tuition reimbursement

Company-paid life insurance

Disability coverage

Paid parental leave

Job summary

The Inland Real Estate Group, LLC is seeking a detail-oriented Property Accountant to manage day-to-day accounting for a portfolio of residential and commercial properties in Chicago. This role offers growth in real estate accounting and exposure to budgeting, audit support, and financial reporting.

Responsibilities include monthly closes, journal entries, AP processing, balance sheet analysis, and assisting with budgets.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field, or equivalent relevant work experience.
• 0–2 years of accounting experience, preferably within property accounting, real estate, or related industry.
• Strong proficiency in Microsoft Excel.

Responsibilities

• Prepare and complete monthly property close workbooks, including real estate taxes, CAM, insurance, rental income, and operating expenses.
• Review and analyze balance sheet and income statement accounts for accuracy.
• Prepare and record journal entries, including accruals for contracts, work orders, capital projects, unpaid expenditures, and utilities.
• Review and approve invoices through the accounts payable system.
• Assist with the preparation of annual operating budgets.
• Serve as primary accounting contact for assigned properties and address accounting questions.

Skills

Analytical abilities

Verbal and written communication

Organizational skills

Attention to detail

Education

Bachelor's degree in Accounting/Finance

Tools

Microsoft Excel

Accounting software

Financial systems

Job description

We are seeking a detail-oriented and motivated Property Accountant to join our growing team. In this role, you will be responsible for the day-to-day accounting operations of an assigned portfolio of residential and commercial properties. This is an excellent opportunity for an accounting professional looking to build a career in real estate accounting while gaining exposure to property operations, financial reporting, budgeting, and audit support.

Key Responsibilities

• Prepare and complete monthly property close workbooks, including:
  • Real estate taxes
  • Common Area Maintenance (CAM)
  • Insurance
  • Rental income and other property revenues
  • Property operating expenses
• Review and analyze balance sheet and income statement accounts to ensure transactions are recorded accurately.
• Investigate account fluctuations and identify key financial drivers.
• Prepare and record journal entries, including accruals related to:
  • Contracts
  • Work orders
  • Capital projects
  • Unpaid expenditures
  • Utilities
• Review and approve invoices through the accounts payable system.
• Assist with the preparation of annual operating budgets.
• Serve as the primary accounting contact for assigned properties and proactively address accounting-related questions.
• Process and monitor general ledger reclassifications as needed.
• Prepare audit workpapers for quarterly reviews and year-end audits.
• Support external auditors by providing requested documentation and sample selections.
• Perform additional accounting and financial reporting duties as assigned.

Qualifications

• Required Education:
  • Bachelor's degree in Accounting, Finance, or a related field, or equivalent relevant work experience.

Experience

• 0-2 years of accounting experience, preferably within property accounting, real estate, or a related industry.

Technical Skills

• Strong proficiency in Microsoft Excel.
• Experience using accounting software and financial systems.
• Solid understanding of accounting principles and financial reporting.

Professional Skills

• Strong analytical and problem-solving abilities.
• Excellent verbal and written communication skills.
• Strong organizational skills with the ability to manage multiple priorities and deadlines.
• High attention to detail and accuracy.

Why Join Us?

• Gain hands‑on experience with both residential and commercial real estate portfolios.
• Work alongside experienced accounting and real estate professionals.
• Opportunity for professional growth and career advancement.
• Collaborative and supportive team environment.
• Exposure to budgeting, financial reporting, and audit processes.

Annual Base Salary Range: $61,094 - $76,367. This position is eligible to participate in the company’s annual discretionary bonus program.

• Medical/Dental/Vision insurance (PPO)
• Participation in the company 401(k) plan with a company match
• Vacation Time, Nine Paid Holidays, Three floating holidays per year
• Sick time
• Tuition reimbursement opportunity
• Company-paid life insurance equaling your annual base salary
• Company-paid short-term and long-term disability
• Paid Parental Leave

This position is eligible as an internal promotion opportunity.

As part of our commitment to an efficient and consistent hiring experience, The Inland Real Estate Group, LLC and its affiliated companies ("Inland") may utilize artificial intelligence ("AI") or automated technologies to assist in certain aspects of the recruitment and hiring process, including resume review and candidate screening. AI-enabled tools are used to support hiring decisions and are not used as the sole basis for employment decisions. All employment decisions are reviewed and made by qualified Inland professionals.

We are a drug‑free workplace. Pre‑employment background checks and drug screening are conducted for all new hires in accordance with applicable laws and regulations.

Inland is committed to equal employment opportunity and considers applicants for all positions without regard to race, color, religion, sex, national origin, age, sexual orientation, familial status, marital status, veteran status, disability, or any other status protected by applicable law. We do not use AI or any selection tools in a manner that results in unlawful discrimination based on any protected characteristic.

If you require a reasonable accommodation or an alternative method of assessment during any stage of the recruiting process, please contact our Talent Acquisition team at [e-mail].

We are an E-Verify employer.