Property Accountant

Clear Destination Inc.; Oak Brook (IL); Hybrid; USD 50,000 - 65,000; Full time

Job summary

Clear Destination Inc. in Oak Brook, IL is seeking a detail-oriented Property Accountant to manage day-to-day accounting for a portfolio of residential and commercial properties, supporting financial reporting, budgeting, and audit readiness.

You will prepare monthly close workbooks, review accounts, process invoices, and assist with budgets, acting as the primary accounting contact for properties while ensuring accuracy and timeliness.

Qualifications

• 0–2 years of accounting experience, preferably within property accounting, real estate, or a related industry.
• Bachelor's degree in accounting, finance, or a related field or equivalent work experience.
• Strong Excel and accounting software literacy.

Responsibilities

• Prepare monthly close workbooks, including taxes, CAM, insurance, and operating expenses.
• Review balance sheet and income statement accounts for accuracy.
• Record journal entries and accruals for contracts, work orders, capital projects, and utilities.
• Process invoices and manage accounts payable.
• Assist with annual operating budgets and audit support.
• Serve as the primary accounting contact for assigned properties.

Skills

Excel proficiency

Accounting software

Financial reporting

Analytical skills

Attention to detail

Communication skills

Education

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

Tools

Accounting software

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.

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.