Property Accounting Manager
3 weeks ago
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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