Property Accountant Job at Creative Financial Staffing (CFS) in Chicago

Overview

Property Accountant - Creative Financial Staffing (CFS)

Our client is a fast-growing real estate company experiencing significant success in recent years. They are looking to add a Property Accountant to their team to support ongoing growth and contribute to continued success.

Base pay range

$70,000.00/yr - $100,000.00/yr

Why work here as a Property Accountant?

• One of the largest commercial real estate companies in the Chicago land area
• Company promotes from within and supports personal growth
• Competitive salaries and a benefits package (medical, dental, vision and life insurance, tuition reimbursement, 401K, flexible spending accounts)
• Great work-life balance
• Casual/friendly culture
• Hybrid schedule with 3 days in office

Responsibilities

• Prepare monthly journal entries
• Reconcile bank accounts including escrows and reserves
• Maintain supporting work-papers for balance sheet accounts (Prepaid and Accrued Expenses, Mortgage and Interest Payable, Real Estate Tax payable, tenant receivables/payables, etc.)
• Reconcile capital activity
• Prepare journal entries for acquisitions, dispositions and financings
• Maintain Fixed Asset database and prepare depreciation entries
• Analyze lease commissions, tenant allowances and other capital items for proper classification
• Collaborate with Property Management for monthly variance analysis of operating revenue and expenses
• Coordinate with Senior Accountant to provide consolidated financial and operating reporting for the multifamily portfolio
• Owner distributions
• Lender draws
• Prepare data to support tax return preparation
• Assist outside firms with audits and year-end tax filings
• Assist with annual property budgets
• Participate in special projects and ad hoc reports
• Assist in preparing tenant reconciliations and estimates per lease terms

Qualifications

• 1+ years of accounting experience
• Real estate experience
• Bachelor’s degree

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