Senior Property Accountant - Real Estate Portfolio (On-Site)

Integral Ltd.; Chicago (IL); Hybrid; USD 90,000 - 115,000; Full time

Job summary

Jones Lang LaSalle Incorporated is seeking a Senior Property Accountant in Chicago to manage full-cycle accounting for a portfolio of commercial properties, including AP/AR, GL, and monthly close. You will prepare GAAP-compliant financial statements and oversee CAM reconciliations and lease administration.

The role requires 4–6 years of accounting experience, with CRE exposure, and proficiency in Yardi or MRI and Excel.

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 GAAP knowledge applied to real estate operations.
• Advanced proficiency in property accounting software (Yardi/MRI) and Excel.
• Experience with CAM reconciliations, tenant billing, and lease administration from an accounting perspective.

Responsibilities

• 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

Skills

GAAP knowledge

Analytical skills

Communication

Attention to detail

Property accounting

Education

Bachelor's degree in Accounting

Tools

Yardi

MRI

Excel

Job description

Jones Lang LaSalle Incorporated is seeking a Senior Property Accountant in Chicago to manage full-cycle accounting for a portfolio of commercial properties, including AP/AR, GL, and monthly close. You will prepare GAAP-compliant financial statements and oversee CAM reconciliations and lease administration.

The role requires 4–6 years of accounting experience, with CRE exposure, and proficiency in Yardi or MRI and Excel.