Property Accountant

6 days ago


Chicago, Illinois, United States JLL Full time
Job Summary

**Job Title:** Staff Accountant

**Job Summary:** We are seeking a highly skilled Staff Accountant to join our team at JLL. As a key member of our property management team, you will be responsible for providing full-scale accounting support and ensuring the accuracy and timeliness of financial reports.

Key Responsibilities
  • **Financial Reporting:** Prepare and distribute monthly financial reports, including journal entries, financial statement preparation, and bank reconciliations.
  • **Accounts Receivable:** Oversee the Accounts Receivable process, including monitoring cash receipts, reviewing and billing tenant recurring charges and billing adjustments, and performing tenant ledger reconciliations.
  • **Accounts Payable:** Coordinate the Accounts Payable process, including reviewing invoice coding and approvals and ensuring a proper audit trail is in place.
  • **Sales Information:** Maintain sales information, including monitoring collection of sales and reviewing reports.
  • **Lease Review:** Review leases and leasing activity to ensure accurate billing.
  • **Cash Management:** Supervise cash management procedures, including auditing petty cash, overseeing service center cash procedures, and gift certificate procedures.
  • **Budget Preparation:** Assist with annual budget preparation, including compiling key assumptions and capital budget information, maintaining lease-level budgeting for all tenants, reviewing and entering budget information into the accounting system, and processing estimates for miscellaneous income and specialty leasing.
  • **Quarterly Reports:** Prepare quarterly reports, including quarterly forecast preparation and providing support to the corporate office in gathering information for the quarterly financial reports.
  • **Annual Reconciliation:** Perform annual year-end reconciliation process, including CAM, percentage rent, insurance utilities, sewer/trash, and real estate taxes.
  • **Payroll Reporting:** Coordinate payroll reporting process.
  • **Audit Support:** Assist in all audits at the property.
Requirements
  • **Education:** B.S./B.A. in Accounting
  • **Experience:** 3-5 years of real estate accounting experience preferred
  • **Skills:** Microsoft Office product knowledge, Excel, and real estate accounting software preferred

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