Director, Property Accounting

1 week ago

Chicago, Illinois, United States Golub & Company Full time


Chicago-based Golub & Company LLC and its affiliates are active internationally in real estate development, acquisitions, asset and property management, leasing and corporate real estate services.

The Company has developed, owned or managed more than 50 million square feet of properties valued in excess of $10 billion.

We are currently seeking a Director of Property Accounting at ourheadquarters in downtown Chicago.

This position reports directly to Golub's Chief Financial Officer and is responsible for supervising and coordinatingactivities of Accounting Managers, Senior and Staff Accountants by performing the following duties personally or through subordinate supervisors.

Prepares journal entries, account analysis, cash flows and other work papers for domestic operating real estate properties and affiliated ownership companies.

Entity types may include office and residential buildings, and new developments.

Leads team of Accounting Managers, Senior and Staff Accountants in all financial and accounting functions including property accounting, corporate accounting and financial operations (accounts receivable and lease accounting).

Compiles scheduled financial statements and reports for external parties.

Assembles Loan Draw Request for operating properties and developments for submission to investors and lenders as required for funding tenant improvement, lease commission and capital expenditure costs.

Collects information and arranges for annual audit; works with outside accountants to ensure timely completion of engagement.

Participates in annual budget preparation, periodic cash flow forecasts, and reviews reconciliation of tenant pro rata shares of operating expenses and real estate taxes.

Assists with tax return preparationand coordinates return preparation with third party advisors.

Improves the effectiveness and efficiency of the accounting function by transforming processes and procedures, as well as implement technology and internal controls that mitigate accounting and financial reporting risks.

Assist in recruiting, training and evaluating staff.
Ensures corporate allocations are recorded properly and assist in the development of the annual budget and quarterly projection updates.
Qualified candidates will have aBachelor's degree in Accounting from four-year college or university required. Minimum 6 years of experience in general accounting and/or training; or equivalent combination of education and experience. Experience in public accounting firm or real estate accounting experience preferred. CPA preferred. Individual should be organized and self-motivated with strong verbal and written communication skills. A qualified candidate will also demonstrate a strong desire to learn and a commitment to excellence. This position will be expected to work on-site a minimum of 3 days per week.

Corporate employees at Golub enjoy the flexibility of a hybrid work schedule along with a comprehensive benefit offering that includes health insurance, paid time off and 401k with employer match – all within a fun and enjoyable culture centered around our Shared Values of innovation & creativity, relationships, value creation, respect for our people and integrity.

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