Senior Commercial Real Estate Accountant
2 days ago
SENIOR COMMERCIAL REAL ESTATE ACCOUNTANT COMPANY: Established in 2010, Wanxiang America Real Estate has a small and flat organizational structure, an extensive pool of discretionary capital and has invested more than $1.2 billion in equity in more than 120 commercial real estate investment deals across the United States. Investments have been in the Hospitality, Resort, Office, Industrial, Retail, Land, Multi-Family, Education, Mixed-Use, Condos, and Senior Housing markets. LOCATION: West Loop, Chicago, Illinois. REPORTINGRELATIONSHIPS: This individual reports directly to the Founder and Managing Director. SUMMARY OF RESPONSIBILITIES: · Provide monthly financial information to internal teams, external investors, lenders, and auditors, ensuring timely and accurate reporting.· Prepare and present detailed performance reports, including financial metrics, operational updates, and strategic recommendations, to senior management and investors.· Collect, organize, and validate data from investment sponsors, property managers, and other third parties to maintain comprehensive financial records.· Review and analyze financial statements prepared by property managers to understand property operations, identify accounting issues, and implement resolutions for optimal performance.· Research and compile data for quarterly property status reports, performance summaries, and investor updates, highlighting key metrics such as NOI, cap rates, and occupancy.· Support annual audits, tax preparations, and corporate financial statements by gathering documentation, responding to inquiries, and ensuring compliance with GAAP and regulatory standards.· Coordinate the accumulation and distribution of investment K-1s for submission to tax preparers, maintaining strict deadlines.· Monitor cash flow, budgeting, and forecasting for portfolio assets, recommending improvements to enhance financial health.· Conduct variance analysis between budgeted and actual performance, investigating anomalies and providing recommendations.· Ensure adherence to internal controls, SOX compliance (if applicable), and industry best practices for risk mitigation.· Assist in due diligence for acquisitions and dispositions, including financial modeling and integration of new assets. REQUIREMENTS: · A minimum of 5 years’ experience in an accounting firm that has exposure to commercial real estate.· CPA certification or progress toward it is highly desirable.· Strong knowledge of GAAP versus cash based real estate accounting principles, and financial reporting standards.· Proficiency in real estate accounting software (e.g., Yardi, MRI, Argus) and advanced Excel skills.· This individual should enjoy a reputation of leadership, creativity and excellent communication skills. EDUCATION: Bachelor’s degree in accounting. MBA or advanced degree preferred, not required. CPA preferred, not required. COMPENSATION: Competitive base salary plus annual performance bonus. Full benefits provided.
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Senior Commercial Real Estate Accountant
2 days ago
Chicago, United States Wanxiang America Real Estate Group Full timeSENIOR COMMERCIAL REAL ESTATE ACCOUNTANTAre you the right applicant for this opportunity Find out by reading through the role overview below. COMPANY: Established in 2010, Wanxiang America Real Estate has a small and flat organizational structure, an extensive pool of discretionary capital and has invested more than $1.2 billion in...
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Senior Commercial Real Estate Accountant
1 day ago
Chicago, IL, United States Wanxiang America Real Estate Group Full timeSENIOR COMMERCIAL REAL ESTATE ACCOUNTANT COMPANY: Established in 2010, Wanxiang America Real Estate has a small and flat organizational structure, an extensive pool of discretionary capital and has invested more than $1.2 billion in equity in more than 120 commercial real estate investment deals across the United States. Investments have been in the...
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Senior Commercial Real Estate Accountant
2 weeks ago
Chicago, IL, United States Wanxiang America Real Estate Group Full timeSENIOR COMMERCIAL REAL ESTATE ACCOUNTANT COMPANY: Established in 2010, Wanxiang America Real Estate has a small and flat organizational structure, an extensive pool of discretionary capital and has invested more than $1.2 billion in equity in more than 120 commercial real estate investment deals across the United States. Investments have been in the...
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Chicago, IL, United States Buckingham Search Full timeOur client is a prestigious commercial real estate company, and they are hiring a Senior Tax Accountant for their Family Investment Group! In this role, you will be responsible for preparing tax returns for real estate partnerships, operating businesses, individuals, and trusts. You'll also get to work closely with the owners & senior leadership on a weekly...
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