Property Accountant

GGP Services Inc.; Illinois; On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Medical benefits

401(k) matching

Paid time off

Parental leave

Job summary

GGP Services Inc. is seeking a Property Accountant in Chicago, IL to record and report property-level financial statements in accordance with GAAP.

You will prepare financial statements, reconcile accounts, and analyze variances to support property operations. The role collaborates with property teams and corporate finance to ensure compliance and data integrity, while applying AI tools judiciously to improve accuracy.

Qualifications

• 2+ years of accounting/finance experience; real estate preferred.
• Bachelor's degree in Accounting or Business; CPA candidate a plus.
• Experience preparing workpapers for accrual-based GL entries and responding to audit inquiries.
• Strong organizational and problem-solving skills; attention to detail and deadlines.
• Excellent written and verbal communication skills.

Responsibilities

• Prepare balance sheets and income statements for a portfolio of properties; ensure accuracy and compliance.
• Record transactions in JD Edwards GL; maintain supporting workpapers.
• Explain variances in balance sheets and income statements.
• Calculate CAM charges per lease agreements.
• Collaborate with property teams and finance to ensure smooth operations.
• Document ownership-level transactions per debt agreements and JV contracts.
• Stay informed on external accounting practices and disclosures.

Skills

Attention to detail

Written and verbal communication

Organization

Problem-solving

Education

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

Tools

JD Edwards

Yardi

Microsoft Excel

Job description

Location

GGP Chicago - 350 N Orleans Street, Suite 300

About GGP

Business Headquartered in Chicago, IL, GGP is a leading retail real estate company with a portfolio of 95+ high-performing retail assets, encompassing over 95 million square feet of space across the United States. As an owner-operator, we’re committed to creating vibrant destinations that bring people and brands together. With a team of 1,200+ employees and a legacy of leadership in retail real estate, we’re shaping the future of the industry by delivering exceptional value to our partners and the communities we serve.

Job Description

Position Summary: 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.
• Ability to apply AI tools effectively while ensuring accuracy and data integrity.
• 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.

Compensation

• Salary type: Exempt
• Pay Frequency: Bi-weekly
• Annual Base Salary Range: $70,000 - $90,000
• Annual Bonus: 10%

Benefits

• Competitive compensation
• Medical, Dental and Vision beginning day 1
• 401(k) Company matching
• 401(k) Vests on Day 1
• Career development programs
• Charitable donation matching
• Generous paid time off (i.e., vacation, personal holidays, paid sick time)
• Paid Volunteer Hours
• Paid Parental Leave
• Family planning assistance including IVF, surrogacy, and adoption options
• Wellness and mental health resources
• Pet insurance offering
• Childcare Assistance
• Commuter benefits

Culture and Values

A culture on our values of Act with Integrity, Build Mutual Trust, Take Initiative and Win Together.

We are proud to create a diverse environment and are proud to be an equal opportunity employer.

#GGP At GGP, we’re all about creating spaces that do more than just exist — they thrive. For over 70 years, we’ve been at the forefront of retail real estate, building destinations where brands and communities come together to make magic happen. With a portfolio of 95+ retail centers across 34 states, we’re proud to say that 50% of the U.S. population lives within an hour of a GGP destination. That’s not just reach — it’s impact. And it’s what drives us to keep innovating. We’re not your average landlords. We’re partners, collaborators, and champions of retail success. In a world where the retail landscape is changing faster than ever, we’re here to help brands stay ahead, grow stronger, and connect more deeply with their customers. At GGP, we don’t just manage real estate — we transform it into a retail advantage. Let’s build something extraordinary together.