Property Accounting Manager

4 weeks ago

Chicago, United States Buckingham Search Full time
Job DescriptionJob Description

A growing Real Estate firm seeks a dynamic and driven Property Accounting Manager to join its Chicago office who is responsible for the review and oversight of the property accounting financials, accounting month-end close, monthly variance analysis, and the coaching & development of staff. Strong attention to detail, knowledge of GAAP, a desire to challenge the status quo and having a flexible attitude are key attributes we are seeking. Experience within Real Estate is preferred.

Responsibilities:

  • Oversee and manage third-party accounting team
  • Review consolidated analysis and journal entries prepared by third- party accounting team for the entire portfolio
  • Collaborate with the Joint Venture Reporting Manager as needed on monthly, quarterly, and annual financial reporting for operational entities
  • Work closely with community operations staff and asset managers
  • Review monthly variances from budget and assist with variance explanations and corrections
  • Review/assist community operations team and asset managers with annual budget preparation
  • Review and ensure compliance with accounting policies and procedures, and resolve accounting related issues
  • Review ledger detail, adjusting journal entries, and supporting monthly schedules
  • Review property acquisition and disposition journal entries
  • Prepare the financial reporting for sold entities including completion of re-prorations between buyer and seller
  • Provide guidance on the company's accounting policies by leading training sessions
  • Review bank reconciliations and journal entries as needed
  • Ensure property accounting team meets all internal and external deadlines
  • Update and identify improvement to Standard Operating Procedures & Best Practice Memos
  • Assist review/lead ad hoc projects as needed
  • Occasional travel may be necessary as needed
  • Perform all other duties and tasks as assigned by management
  • Must be able to complete all physical requirements of this role with or without a reasonable accommodation

Qualifications:

  • 1-3 years of supervisor experience and 8 years of accounting experience in Real Estate industry (required)
  • Bachelor's degree in accounting or finance required; CPA or Masters' preferred
  • Strong knowledge of GAAP compliancy
  • Excellent communication, problem solving and interpersonal skills
  • Drive and desire to learn new technologies and grow technical and functional skill sets
  • You'll crush it if you have experience with Yardi/Entrata
  • Implementing process improvements and being highly adaptable
  • Passion for making business processes more efficient and successful
  • Ability to multi-task and manage shifting priorities in a fast-paced environment
  • Acquisitions/Dispositions

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