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Property Accountant

2 months ago

Chicago, Illinois, United States FirstService Residential Full time
Job Overview:

As a Property Accountant at FirstService Residential, you'll be responsible for producing detailed financial statement packages, account reconciliations, and report analysis for a variety of client accounts. You'll partner closely with the community management team to meet and exceed client expectations.

This is a hybrid opportunity which may report to either our corporate office or suburban office.

Your Responsibilities:
  • Prepare, verify, and deliver Financial Statement packages for an assigned portfolio of Condominium and/or Homeowner Associations following quality standards established by FirstService Residential.
  • Prepare Balance Sheet reconciliations and supporting schedules. Analyze the Balance Sheet and Income Statement accounts for accuracy.
  • Prepare and post journal entries to the General Ledger. Review periodic reports of general ledger accounts to ensure accuracy and correct errors prior to close of accounting period.
  • Review and analyze transactions from Accounts Receivables and Accounts Payable to ensure they have been accurately coded and recorded. Work with AP and AR to investigate, resolve and/or report on discrepancies.
  • Research, analyze, identify and explain any variances or unexplained items on the Income Statement and changes on the Balance Sheet.
  • Prepare additional financial reports to be included in the Financial Package as requested by client.
  • Assist independent CPA firms in their audit and review of associations on a year-end, turnover, and/or periodic audit/review.
  • Analyze and post end-of-year audit adjusting entries.
  • Prepare annual budget worksheets as needed for clients.
  • Assist and guide Community Association Managers by answering questions regarding monthly Financial Statements and other related matters.
Requirements:
  • Associate's degree or higher in accounting or equivalent combination of education and two years' experience.
  • Strong understanding of general ledger, balance sheets, income statements, chart of accounts and journal entries required.
  • Works effectively with coworkers, clients, customers, and others by sharing ideas in a constructive and positive manner; addresses problems and issues constructively to find mutually acceptable and practical business solutions.
  • Two to three years' experience in property management, real estate, or residential management preferred.
  • Must possess a growth mindset and an ability to multi-task/prioritize different projects at any given time.
  • Superior oral and written communication skills.
What We Offer:

As a full-time associate, you will be eligible for full comprehensive benefits including your choice of multiple medical plans, dental, vision, life insurance, short-term and long-term disability, legal, identity theft, and pet insurance. You will also be eligible for company-paid life insurance and benefits from our employee assistance program. In addition, you will be eligible for paid time off, paid holidays, tuition reimbursement, and a 401(k) with company match.