CFS
Overview
Property Accountant
Our client is a fast-growing real estate company experiencing significant success in recent years. As they continue to expand, they are looking to add a Property Accountant to their team. They are seeking a candidate with a strong background in a similar environment to support their ongoing growth and contribute to their 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 prides itself on promoting people from within, wants employees to continue to feel the satisfaction that comes with personal growth
- Offers competitive salaries and a benefits package that includes medical, dental, vision and life insurance, a tuition reimbursement plan, a 401K program, and flexible spending accounts
- Great work life balance
- Causal/friendly culture
- Hybrid schedule, 3 days in office
Responsibilities
- Prepare monthly journal entries
- Reconcile bank accounts including escrows and reserves
- Maintain supporting work-papers for balance sheet accounts such as Prepaid and Accrued Expenses, Mortgage and Interest Payable, Real Estate Tax payable, and tenant related receivables/payables, etc.
- Reconcile capital activity
- Prepare journal entries related to significant transactions such as acquisitions, dispositions and financings
- Maintain Fixed Asset database and prepare depreciation journal entries
- Analyze lease commissions, tenant allowances and other capital items for proper classification
- Collaborate with Property Management to prepare monthly variance analysis of operating revenue and expenses
- Coordinate with other Senior Accountant to provide consolidated financial and operating reporting for the multifamily portfolio
- Owner distributions
- Lender Draws
- Prepare data to support the preparation of tax returns
- Assist outside firms with audit and/or year-end tax filings
- Assist with preparation and review of annual property budgets
- Participate in special projects and prepare ad hoc reports as needed
- Assist in preparation of tenant reconciliations and estimates in accordance with stipulated lease terms
Experience
- 1+ years of Accounting experience
- Real estate experience
- Bachelor’s degree
Job details
- Seniority level: Entry level
- Employment type: Full-time
- Job function: Accounting/Auditing and Finance
- Industries: Accounting
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