The Alden Network
Overview
Property Accountant role at The Alden Network.
Base pay range $55,000.00/yr - $65,000.00/yr
Title:
Property Accountant
Reports to:
Senior Director of Operations of Alden Realty Services, Inc.
About us Alden Realty Services, Inc. (ARS) is a property management company for affordable independent living communities throughout the Chicagoland area. Since 1990, ARS has co-developed and continues to manage 15 properties that provide housing to over 1,000 seniors. We are seeking a full-time Senior Accountant to join the ARS Finance team.
Overall Job Responsibilities
Ensures the integrity of accounting information by recording, verifying, consolidating, and entering transactions/journal entries.
Prepares and records asset, liability, revenue, and expense entries by compiling and analyzing account information.
Prepare monthly balance sheet reconciliations.
Maintains general ledger by transferring subsidiary accounts, preparing a trial balance, and reconciling entries.
Summarizes financial status by collecting information and preparing balance sheets, profit and loss statements with analysis, and other documents.
Assists with the payroll process.
Completes external audit by analyzing and scheduling general ledger accounts and timely providing information for auditors.
Comply with legal requirements.
Secures financial information and protects organization’s value by keeping information confidential.
Trains and supervises accountants and accounts payable/receivable associates as needed.
Assists with the receivables and payables processes as needed (check auditing/posting/depositing, invoices, posting, approval, check cutting).
Financial Reporting: Ensure accurate and timely financial reporting in compliance with regulatory requirements and GAAP. Prepare financial statements, including balance sheets, income statements, budget comparison reports and cash flow statements, and communicate financial results to stakeholders.
Cash Management: Assist with management of cash flow, liquidity, and capital structure; assist with banking relationships and optimize working capital.
Financial Controls: Adhere to internal controls to safeguard assets, ensure compliance with financial regulations, and prevent fraud and misstatements. Conduct periodic audits and reviews of internal controls.
Tax Planning and Compliance: Coordinate with tax advisors and oversee the preparation and filing of tax returns. Participate in annual audits including the consolidation process of related entities.
Financial Systems and Processes: Assist with evaluation and optimization of financial systems, processes, and workflows to enhance efficiency, accuracy, and scalability.
Other duties as assigned.
Qualifications and Competency Requirements Experience and Education
A bachelor’s degree in accounting, finance, economics, or a related major is required
A master’s in accounting or MBA is preferred
Certified public accountants (CPA) strongly preferred
A minimum of 5 years of experience in accounting/finance
Previous Multi-Family Real Estate or Property/Investment Management experience preferred
Thorough understanding of GAAP
Excellent verbal and written communication skills
Knowledge of accounting practices for non-profits and Low-Income Housing Tax Credits preferred
Computer Skills
Proficient in payroll, general ledger, budgeting, and general office functions
Proficiency with Yardi, Microsoft Word, Excel, PowerPoint, and Outlook preferred
Additional Attributes
Ability to focus on tasks and details while switching between tasks
Ability to identify and resolve issues related to accounts payable/receivable
Independent judgment and ownership of decisions
Systems-level thinking relative to the scope of the position
Ability to work independently and self-manage while being a strong team player
Organizational skills, ability to meet deadlines, and delegate appropriately
Adaptability to change, risk, and uncertainty
Ability to develop strong relationships in a collaborative setting
Work Schedule and Location Monday to Friday, in-person at the corporate office (4200 W. Peterson Ave. Suite 140, Chicago, IL 60646).
General Benefits
Paid Holidays
Paid Sick Time
Paid Time Off
Retirement / Pension Plan
Health Insurance
Dental Insurance
Life Insurance
Vision Insurance
Seniority level
Entry level
Employment type
Full-time
Job function
Accounting/Auditing and Finance
Industries
Hospitals and Health Care
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Base pay range $55,000.00/yr - $65,000.00/yr
Title:
Property Accountant
Reports to:
Senior Director of Operations of Alden Realty Services, Inc.
About us Alden Realty Services, Inc. (ARS) is a property management company for affordable independent living communities throughout the Chicagoland area. Since 1990, ARS has co-developed and continues to manage 15 properties that provide housing to over 1,000 seniors. We are seeking a full-time Senior Accountant to join the ARS Finance team.
Overall Job Responsibilities
Ensures the integrity of accounting information by recording, verifying, consolidating, and entering transactions/journal entries.
Prepares and records asset, liability, revenue, and expense entries by compiling and analyzing account information.
Prepare monthly balance sheet reconciliations.
Maintains general ledger by transferring subsidiary accounts, preparing a trial balance, and reconciling entries.
Summarizes financial status by collecting information and preparing balance sheets, profit and loss statements with analysis, and other documents.
Assists with the payroll process.
Completes external audit by analyzing and scheduling general ledger accounts and timely providing information for auditors.
Comply with legal requirements.
Secures financial information and protects organization’s value by keeping information confidential.
Trains and supervises accountants and accounts payable/receivable associates as needed.
Assists with the receivables and payables processes as needed (check auditing/posting/depositing, invoices, posting, approval, check cutting).
Financial Reporting: Ensure accurate and timely financial reporting in compliance with regulatory requirements and GAAP. Prepare financial statements, including balance sheets, income statements, budget comparison reports and cash flow statements, and communicate financial results to stakeholders.
Cash Management: Assist with management of cash flow, liquidity, and capital structure; assist with banking relationships and optimize working capital.
Financial Controls: Adhere to internal controls to safeguard assets, ensure compliance with financial regulations, and prevent fraud and misstatements. Conduct periodic audits and reviews of internal controls.
Tax Planning and Compliance: Coordinate with tax advisors and oversee the preparation and filing of tax returns. Participate in annual audits including the consolidation process of related entities.
Financial Systems and Processes: Assist with evaluation and optimization of financial systems, processes, and workflows to enhance efficiency, accuracy, and scalability.
Other duties as assigned.
Qualifications and Competency Requirements Experience and Education
A bachelor’s degree in accounting, finance, economics, or a related major is required
A master’s in accounting or MBA is preferred
Certified public accountants (CPA) strongly preferred
A minimum of 5 years of experience in accounting/finance
Previous Multi-Family Real Estate or Property/Investment Management experience preferred
Thorough understanding of GAAP
Excellent verbal and written communication skills
Knowledge of accounting practices for non-profits and Low-Income Housing Tax Credits preferred
Computer Skills
Proficient in payroll, general ledger, budgeting, and general office functions
Proficiency with Yardi, Microsoft Word, Excel, PowerPoint, and Outlook preferred
Additional Attributes
Ability to focus on tasks and details while switching between tasks
Ability to identify and resolve issues related to accounts payable/receivable
Independent judgment and ownership of decisions
Systems-level thinking relative to the scope of the position
Ability to work independently and self-manage while being a strong team player
Organizational skills, ability to meet deadlines, and delegate appropriately
Adaptability to change, risk, and uncertainty
Ability to develop strong relationships in a collaborative setting
Work Schedule and Location Monday to Friday, in-person at the corporate office (4200 W. Peterson Ave. Suite 140, Chicago, IL 60646).
General Benefits
Paid Holidays
Paid Sick Time
Paid Time Off
Retirement / Pension Plan
Health Insurance
Dental Insurance
Life Insurance
Vision Insurance
Seniority level
Entry level
Employment type
Full-time
Job function
Accounting/Auditing and Finance
Industries
Hospitals and Health Care
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