Senior Property Accountant

Jones Lang LaSalle Incorporated; Chicago (IL); Hybrid; USD 90,000 - 115,000; Full time

Benefits offered by this job

401(k) plan with matching company

Medical, Dental & Vision Care

Paid parental leave at 100%

Paid Time Off and Company Holidays

Daily Pay earned wage access

Job summary

Jones Lang LaSalle Incorporated seeks a Senior Property Accountant to manage full-cycle accounting for a portfolio of commercial properties, ensuring GAAP compliance and timely financial reporting. You will work closely with property managers and clients to provide accurate analyses and drive process improvements.

The role covers monthly close, CAM reconciliations, tenant billing, budgeting, and coordinating year-end audits, with emphasis on accuracy, controls, and strong vendor management.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 4–6 years of accounting experience, with 2+ years in commercial real estate or property management.
• Strong knowledge of GAAP and real estate accounting.
• Proficiency with property management software and Excel.

Responsibilities

• Manage full-cycle accounting for a portfolio of commercial properties.
• Prepare monthly, quarterly, and annual financial statements per GAAP.
• Oversee CAM reconciliations and tenant billing for revenue recognition.
• Analyze budget variances and provide explanations to property managers.
• Coordinate annual operating budget and forecasting with management teams.
• Assist with year-end audits and liaison with external auditors.

Skills

GAAP

Yardi

MRI

Excel

Tenant billing

CAM reconciliations

Lease administration

Financial reporting

Vendor management

Education

Bachelor's degree in Accounting/Finance

Tools

Yardi

MRI

Excel

Job description

## Senior Property AccountantAplikuj: On-site: Chicago, IL: Full time: Opublikowano dzisiaj: REQ536971**JLL empowers you to shape a brighter way**.Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented people and empowering them to thrive, grow meaningful careers and to find a place where they belong. Whether you’ve got deep experience in commercial real estate, skilled trades or technology, or you’re looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward.# Senior Property AccountantLocation: Chicago, IL (5 days on-site) ## What this job involves: As a Senior Property Accountant within our Property Management team, you'll play a vital role in maintaining the financial health and accuracy of our diverse real estate portfolio. This position combines technical accounting expertise with strategic financial oversight, ensuring our properties operate with complete fiscal transparency and efficiency. You'll manage comprehensive accounting operations for assigned properties, from daily transaction processing to complex financial reporting and analysis. Working closely with property managers, clients, and internal stakeholders, you'll serve as a trusted financial advisor who transforms data into actionable insights. At JLL, we are collectively shaping a brighter way — for our clients, ourselves and our fellow employees, and in this role, your meticulous attention to detail and proactive problem-solving will directly contribute to our clients' success. We embrace more innovative ways of working, and you'll have the opportunity to streamline processes, implement best practices, and leverage technology to enhance financial operations across your portfolio. ## What your day-to-day will look like:* Manage full-cycle accounting for an assigned portfolio of commercial properties, including accounts payable, accounts receivable, general ledger maintenance, and monthly close procedures* Prepare accurate and timely monthly, quarterly, and annual financial statements and reports for property owners and stakeholders in accordance with GAAP and client-specific requirements* Oversee tenant billing processes, including CAM reconciliations, lease abstract reviews, and recovery calculations to ensure proper revenue recognition* Analyze budget variances, identify trends, and provide detailed explanations and recommendations to property managers and clients to support informed decision-making* Coordinate and manage annual operating budget preparation and periodic forecasting processes in collaboration with property management teams* Review and process vendor invoices, resolve discrepancies, and maintain strong vendor relationships while ensuring compliance with lease terms and management agreements* Conduct regular balance sheet account reconciliations and resolve outstanding items to maintain clean, audit-ready financial records* Serve as the primary financial point of contact for property managers, responding to inquiries and providing guidance on accounting policies and procedures* Support year-end audit processes by preparing schedules, gathering documentation, and liaising with external auditors ## Required qualifications:* Bachelor's degree in Accounting, Finance, or related field* Minimum of 4-6 years of accounting experience, with at least 2 years in commercial real estate or property management accounting* Strong understanding of Generally Accepted Accounting Principles (GAAP) and their application to real estate operations* Advanced proficiency in property management accounting software (Yardi, MRI, or similar platforms) and Microsoft Excel* Demonstrated experience with CAM reconciliations, tenant billing, and lease administration from an accounting perspective* Excellent analytical skills with proven ability to interpret financial data and communicate insights clearly to non-financial stakeholders* Strong attention to detail and commitment to accuracy in a fast-paced, deadline-driven environment* Effective organizational and time management skills with ability to manage multiple properties and competing priorities simultaneously ## Preferred qualifications:* CPA certification or active pursuit of CPA licensure* Experience with Yardi Voyager or other enterprise-level property management systems* Knowledge of real estate lease structures, including gross, modified gross, NNN, and percentage leases* Previous experience supporting property acquisitions, dispositions, or refinancing transactions* Familiarity with ARGUS Enterprise or similar cash flow modeling software* Experience working in a client service environment within corporate real estate or professional servicesThis position does not provide visa sponsorship. Candidates must be authorized to work in the United States without sponsorship. **Expected compensation for this position:** 90,000.00 – 115,000.00 USD per year *Final compensation packages are determined by various considerations including but not limited to candidate qualifications, location, market conditions, and internal considerations.* **Location:**On-site –Chicago, IL If this job description resonates with you, we encourage you to apply, even if you don’t meet all the requirements. We’re interested in getting to know you and what you bring to the table!**Personalized benefits that support personal well-being and growth:** JLL recognizes the impact that the workplace can have on your wellness, so we offer a supportive culture and comprehensive benefits package that prioritizes mental, physical and emotional health. Some of these benefits include:* 401(k) plan with matching company contributions* Comprehensive Medical, Dental & Vision Care* Paid parental leave at 100% of salary* Paid Time Off and Company Holidays* Early access to earned wages through Daily Pay At JLL, we harness the power of artificial intelligence (AI) to efficiently accelerate meaningful connections between candidates and opportunities. Using AI capabilities, we analyze your application for relevant skills, experiences, and qualifications to generate valuable insights about how your unique profile aligns with the specific requirements of the role you're pursuing.***JLL Privacy Notice***Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously. Generally the personal information we collect from you are for the purposes of processing in connection with JLL’s recruitment process. We endeavour to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely.For more information about how JLL processes your personal data, please view our Candidate Privacy Statement.For additional details please see our career site pages for each country.For candidates in the United States, please see a full copy of our Equal Employment Opportunity policy here.Jones Lang LaSalle (“JLL”) is an Equal Opportunity Employer and is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process – including the online application and/or overall selection process – you may email us at [e-mail]. This email is only to request an accommodation. Please direct any other general recruiting inquiries to our Contact Us page > I want to work for JLL.Pursuant to the Arizona Civil Rights Act, criminal convictions are not an absolute bar to employment.Pursuant to Illinois Law, applicants are not obligated to disclose sealed or expunged records of conviction or arrest.Pursuant to Columbia, SC ordinance, this position is subject to a background check for any convictions directly related to its duties and responsibilities. Only job-related convictions will be considered and will not automatically disqualify the candidate.**California Residents only**If you are a California resident as defined in the California Consumer Privacy Act (CCPA) please view our Supplemental Privacy Statement which describes your rights and disclosures about your personal information. If you are viewing this on a mobile device you may want to view the CCPA version on a larger device.Pursuant to the Los Angeles Fair Chance Initiative for Hiring Ordinance, JLL will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance.Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.Accepting applications on an ongoing basis until candidate identified.