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Senior Property Accountant

4 months ago


Chicago, United States Prairie Management & Development Full time

Job Description

Job Description

Prairie Management and Development, Inc. is seeking to add a Senior Property Accountant to the accounting department at its main office on Michigan Avenue. This person will oversee and implement all accounting activities for several properties located in the Midwest. This includes general ledger preparation through the Yardi Accounting system and reporting responsibilities to owners and various governmental agencies. The Senior Property Accountant will report to and coordinate with the company Controller and be responsible for directing and supervising a number of Junior/staff Property Accountants. This individual will work closely with Property Managers, as well as Regional Managers, with respect to all accounting issues at the property. Specific tasks and responsibilities are outlined below.This salary amount does not include an Annual discretionary bonus reflecting your progress and performance PLUS fully paid medical and Disability insurance.

Responsibilities and understandings may include the following:Understand and comply with GAAP and internal control policies and proceduresReview rent Roll and Gross Potential Rent and record adjustments as appropriateReview and enter Accounts Payable and assist with check generationMaintain monthly General ledger for assigned properties and review othersReview and reconcile related bank accounts and select Balance Sheet and Income Statement AccountsPost recurring journal entries and assist with month-end closing processPrepare and submit Monthly Housing Assistance Payment vouchers to the Department of Housing and Urban DevelopmentMaintain escrow accounts including mortgage, reserve, and insurance accounts and depreciation schedulesPrepare and assemble required reports for Management Personnel, investors, and governmental agencies on monthly, quarterly, and annual basis including those required for audit and tax reporting purposes

Staff Responsibilities:Document and aid in the resolution of issues related to process and proceduresReview and supervise work of Junior/Staff accountantsSenior Property Accountant may be responsible for other tasks not listed above, as assigned by the Controller and CFO

Qualifications:BS Accounting with sufficient hours of study to be eligible to sit for CPA ExamMandatory minimum of three (3) years’ experience as a property accountant.Compensation: Commensurate with experience and performance historyApply with submission of Resume and cover letter stating the applicability of your strengths to the describedposition along with compensation requirements.Our Investment in You:Competitive market compensation packageMedical PPO plan (provided)Life insurance (premiums paid by employer)Short-term disability and long-term disability insurance (premiums paid by employer)Dental and vision insurance plans401(k) planSeven (7) paid holidays each yearFifteen (15) PTO days in first yearCompany Description Prairie Management & Development, Inc. (PMD) is a mission-driven property development and management firm with over 40 years of industry experience. PMD’s primary focus is to provide, through construction and preservation, clean, safe and affordable housing for the residents, including for some who are most in need. The company owns and/or manages 40+ projects, all of which are located in the Midwest. Company headquarters is located on North Michigan Avenue in Chicago.

Prairie Management & Development, Inc. is an equal opportunity employer.

Company Description

Prairie Management & Development, Inc. (PMD) is a mission-driven property development and management firm with over 40 years of industry experience. PMD’s primary focus is to provide, through construction and preservation, clean, safe and affordable housing for the residents, including for some who are most in need. The company owns and/or manages 40+ projects, all of which are located in the Midwest. Company headquarters is located on North Michigan Avenue in Chicago. \r\rPrairie Management & Development, Inc. is an equal opportunity employer.#J-18808-Ljbffr