Sr. Property Accountant

Addison Group; Chicago (IL); On-site; USD 55,000 - 62,000; Full time

Benefits offered by this job

Medical

Dental

Vision

401k

Job summary

Addison Group is seeking a Senior Property Accountant to manage monthly accounting for multiple properties using Yardi. The role emphasizes accuracy, timely journal entries, reconciliations, and financial reporting.

You will support budgeting and depreciation scheduling, with opportunities to influence cash flow forecasts. The ideal candidate has a Bachelor's degree in Accounting or Finance, 2+ years of property accounting experience, and strong GAAP knowledge.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 2+ years of property accounting experience.
• Strong knowledge of GAAP.

Responsibilities

• Monthly accounting activities for multiple properties using Yardi.
• Record accrual journal entries and GPR entries with precision.
• Prepare and review financial statements for internal/external stakeholders.
• Develop depreciation schedules and cash flow forecasts.
• Assist in budgeting and year-end work papers.

Skills

Attention to detail

Independent work

Team collaboration

Education

Bachelor's degree in Accounting or Finance

Tools

Yardi software

Job description

Role Overview:

The Senior Property Accountant plays a critical role in the accurate and efficient financial management of multiple properties. This position is responsible for performing a variety of accounting tasks on a monthly basis, including journal entries, bank reconciliations, financial reporting, and budgeting support. The Senior Property Accountant must possess a strong understanding of accounting principles and demonstrate proficiency in Yardi software. Additionally, this role involves preparing work papers, developing depreciation schedules, and generating cash flow forecasts. The successful candidate will excel in both independent and collaborative work environments and will contribute to maintaining high standards of financial integrity across the organization.

Role: Senior Property Accountant

Pay: $40-$45

Benefits: Medical, dental, vision, 401k

Role Overview:

The Senior Property Accountant plays a critical role in the accurate and efficient financial management of multiple properties. This position is responsible for performing a variety of accounting tasks on a monthly basis, including journal entries, bank reconciliations, financial reporting, and budgeting support. The Senior Property Accountant must possess a strong understanding of accounting principles and demonstrate proficiency in Yardi software. Additionally, this role involves preparing work papers, developing depreciation schedules, and generating cash flow forecasts. The successful candidate will excel in both independent and collaborative work environments and will contribute to maintaining high standards of financial integrity across the organization.

Responsibilities:

Monthly Accounting Activities:

• Perform monthly accounting activities for multiple properties using Yardi.
• Record accrual journal entries and Gross Potential Rent (GPR) entries with precision.
• Execute comprehensive cash flow forecasts.
• Navigate and manage both accrual and cash accounting methods as needed.
• Prepare financial statements for review.
  
  

Bank Reconciliations:

• Conduct monthly bank reconciliations to verify the accuracy of financial transactions.
• Investigate and resolve any discrepancies or issues identified during reconciliations.
  
  

Financial Reporting:

• Preparation of monthly financial reports for internal and external stakeholders.
• Generate ad-hoc reports as needed to support decision-making processes.
  
  

Work Papers and Year-End Activities:

• Prepare detailed work papers on a monthly basis to support financial transactions and account balances.
• Create comprehensive work papers for year-end audits.
• Develop depreciation schedules at year-end.
  
  

Budgeting and Forecasting:

• Collaborate with other departments to gather information for property-specific budgeting and forecasting.
• Support the budgeting process by providing accurate and timely financial data.
  
  

Qualifications:

• Bachelor's degree in Accounting, Finance, or related field.
• 2+ years of experience in property accounting.
• Proficiency in Yardi software is required.
• Familiarity with the preparation of depreciation schedules.
• Strong knowledge of GAAP.
• Excellent attention to detail and organizational skills.
• Ability to work independently and as part of a team.
  
  

Reporting:

• This position will report directly to an Accounting Manager.
  
  

Addison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Addison Group complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. Reasonable accommodation is available for qualified individuals with disabilities, upon request.

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