CFS
Property Accountant at CFS
Salary: $70,000 - $100,000
Our client is a rapidly growing real estate business looking to add a Property Accountant to their team. They have enjoyed incredible success in the last few years and are seeking a candidate with a similar background to join their team as they continue their expansion.
Reasons to Work Here
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
Overview of the Property Accountant Role
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
Preferred Qualifications
1+ years of Accounting experience
Real estate experience
Bachelor’s degree
Seniority Level Entry level
Employment Type Full‑time
Job Function Accounting/Auditing and Finance
Industry Accounting
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Our client is a rapidly growing real estate business looking to add a Property Accountant to their team. They have enjoyed incredible success in the last few years and are seeking a candidate with a similar background to join their team as they continue their expansion.
Reasons to Work Here
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
Overview of the Property Accountant Role
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
Preferred Qualifications
1+ years of Accounting experience
Real estate experience
Bachelor’s degree
Seniority Level Entry level
Employment Type Full‑time
Job Function Accounting/Auditing and Finance
Industry Accounting
#J-18808-Ljbffr