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Property Accountant

2 months ago

Chicago, United States Bisnow Full time

Our SelectLeaders' client is a fully integrated, private equity real estate firm with offices in Chicago, Milwaukee and Minneapolis. They develop, operate and invest in real estate assets in high barrier-to-entry markets with favorable supply and demand fundamentals.

They are looking for a Property Accountant to oversee financial operations for their commercial assets and one multifamily building.

Responsibilities will include but are not limited to the following:

    • Responsible for month-end, quarter end and year-end close activities from balance sheet and cash account reconciliations
    • Manage and accounts payable and receivable activities for assigned portfolio
    • Produce and manage variance reports
    • Reconcile monthly bank statements
    • Manage debt and debt payments
    • Prepare and review properly documented journal entries.
    • Assist with Budgets and Forecasts as needed, working with asset management and Finance leadership.
    • Assist with the calculation of fees (i.e. Management and Acquisition) as needed. Identify and implement process re-engineering opportunities.
    • Record cash receipts, receivables and other journal entries as appropriate.
    • Special projects and other functions as required by manager or client.
    • Produce monthly, quarterly, and annual property reporting accurately and on time.
Job Requirements:
    • 2+ years' experience in a professional accounting/bookkeeping role
    • Accounting degree or significant work experience
    • Proficiency in MS Office
    • Yardi experience is a plus
    • Experience in commercial real estate accounting is required