Property Accountant

Jobot; Chicago (IL); Hybrid; USD 75,000 - 90,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

401k

Hybrid work schedule

Job summary

An established industry player is seeking a Property Accountant to manage financial tasks for multiple properties. This role involves preparing accurate financial statements, conducting bank reconciliations, and ensuring compliance with lease agreements. The ideal candidate will have a strong background in accounting, particularly within the real estate sector, and possess excellent analytical and communication skills. Join a dynamic team that values detail-oriented professionals and offers a hybrid work schedule alongside comprehensive benefits, including medical, dental, and vision coverage. This is a fantastic opportunity to contribute to a thriving organization while advancing your career in accounting.

Qualifications

• 5+ years of accounting experience, especially in real estate.
• Proficiency in Microsoft Office, particularly Excel.

Responsibilities

• Prepare monthly and annual financial statements for multiple properties.
• Perform daily bank reconciliations and manage general ledger accounts.
• Assist in preparing annual budgets and forecasts.

Skills

Analytical Skills

Problem-Solving Skills

Communication Skills

Organizational Skills

Attention to Detail

Education

Bachelor’s degree in Accounting or Finance

Tools

Microsoft Excel

Yardi Voyager

MRI software

Job description

Job details

Hybrid Work Schedule, Medical, Dental, Vision!

This Jobot Job is hosted by Kevin Shilney.

Are you a fit? Easy Apply now by clicking the "Easy Apply" button and sending us your resume.

Salary: $75,000 - $90,000 per year

A Bit About Us

The Property Accountant will be responsible for managing daily accounting tasks to generate accurate and timely monthly financial statements for multiple properties. Attention to detail and adherence to deadlines are essential for success in this role. This position offers a hybrid work schedule, requiring at least 3-4 days in the office.

Why join us?

• Medical, Dental, Vision
• 401k
• Hybrid work schedule

Essential Duties And Responsibilities

• Prepare monthly, quarterly, and year-end financial statements and reporting packages, ensuring all required supporting documentation is included.
• Maintain, review, and analyze general ledger accounts to support financial reporting processes.
• Perform daily bank reconciliations and promptly address reconciling items.
• Monitor deductions related to mortgage, interest, escrow, and real estate tax payments.
• Accurately calculate and post expense accruals.
• Maintain amortization schedules and record accruals.
• Prepare balance sheet reconciliations for assigned properties.
• Calculate annual operating expense and real estate tax reconciliations.
• Process monthly property management fee calculations and post charges to the appropriate properties.
• Ensure tenant charges are billed according to lease agreements.
• Process tenant security deposit refunds as needed.
• Assist the Senior Accountant and Property Manager in preparing annual budgets and forecasts.
• Analyze balance sheet and income statement accounts, investigate discrepancies, and work with property management to make necessary adjustments.

Other Duties And Responsibilities

• Provide support for external audits, tax filings, and consultant requests.
• Additional duties may be assigned as necessary to support business needs.

Knowledge, Skills, and Abilities

• Strong analytical and problem-solving skills.
• Effective communication skills for collaboration across various levels of management and teams.
• Excellent verbal, written, and organizational abilities.
• Proficiency in Microsoft Office, especially Excel.
• Ability to manage multiple tasks with varying complexities in a fast-paced, client-focused environment.
• Detail-oriented, team player, and committed to professional and ethical standards.

Education and Experience

• Bachelor’s degree in Accounting or Finance required.
• Minimum of 5 years of accounting experience, with at least 3 years in the real estate industry.
• Experience with Yardi Voyager and MRI software is a plus.
• Familiarity with common area maintenance (CAM) expense reconciliations is required.

Jobot is an Equal Opportunity Employer. We provide an inclusive work environment that celebrates diversity and all qualified candidates receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.