Senior Property Accountant

Addison Group; Chicago (IL); On-site; USD 85,000 - 115,000; Full time

Job summary

Addison Group has partnered on the search for a Senior Property Accountant to support the accounting and financial reporting functions of a real estate investment fund with a portfolio of 16 joint venture properties, including assets in operation and under development.

This role will be a key contributor to the monthly, quarterly, and annual close processes and will work closely with asset management, development, and joint venture partners.

Qualifications

• Bachelor's degree in Accounting or Finance; CPA preferred.
• 3+ years of accounting experience, real estate or property accounting preferred.
• GAAP knowledge and financial reporting principles.
• Excel—advanced; experience with Yardi, MRI, or similar systems is a plus.
• Detail-oriented with strong analytical and problem-solving skills.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Effective cross-functional communication with internal and external stakeholders.

Responsibilities

• Lead and execute monthly, quarterly, and annual close processes for assigned properties, ensuring accuracy and timeliness
• Prepare and review journal entries, account reconciliations, and supporting schedules
• Maintain property-level financial statements in accordance with GAAP and partnership agreements
• Analyze operating results, budget variances, and key financial metrics; provide actionable insights to management
• Coordinate with joint venture partners, property managers, and third-party operators to ensure completeness and accuracy of financial data
• Support development accounting, including capitalization of project costs, construction draws, and budget tracking
• Assist with preparation of investor reporting packages and lender compliance requirements
• Collaborate with auditors and support annual audit and tax processes
• Continuously improve accounting processes, internal controls, and reporting efficiencies

Skills

GAAP knowledge

Analytical skills

Organization

Problem solving

Communication skills

Cross-functional collaboration

Education

Bachelor's degree in Accounting or Finance

CPA preferred

Tools

Excel proficiency

Yardi

MRI

Job description

Addison Group has partnered on the search for a Senior Property Accountant to support the accounting and financial reporting functions of a real estate investment fund with a portfolio of 16 joint venture properties, including assets in operation and under development. This role will be a key contributor to the monthly, quarterly, and annual close processes and will work closely with asset management, development, and joint venture partners.

Responsibilities:

• Lead and execute monthly, quarterly, and annual close processes for assigned properties, ensuring accuracy and timeliness
• Prepare and review journal entries, account reconciliations, and supporting schedules
• Maintain property-level financial statements in accordance with GAAP and partnership agreements
• Analyze operating results, budget variances, and key financial metrics; provide actionable insights to management
• Coordinate with joint venture partners, property managers, and third-party operators to ensure completeness and accuracy of financial data
• Support development accounting, including capitalization of project costs, construction draws, and budget tracking
• Assist with preparation of investor reporting packages and lender compliance requirements
• Collaborate with auditors and support annual audit and tax processes
• Continuously improve accounting processes, internal controls, and reporting efficiencies

Qualifications:

• Bachelor's degree in Accounting or Finance; CPA preferred
• 3+ years of accounting experience, with a strong preference for real estate or property accounting
• Strong knowledge of GAAP and financial reporting principles.
• Advanced proficiency in Excel; experience with Yardi, MRI, or similar property accounting systems is a plus
• Detail-oriented with strong analytical, organizational, and problem-solving skills
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment
• Effective communication skills and ability to work cross-functionally with internal and external stakeholders