Senior Property Accountant
3 months ago
We are partnered with a Family Owned Commercial Real Estate Company located in Downtown Chicago. They are recruiting top talent for a Senior Property Accountant to join their accounting department. Please review the details below and apply if interested in learning more.
Responsibilities:
- Prepare and examine accounting records, financial statements, taxes, and other financial reports
- Develop and analyze reporting for business operations and budgets
- Perform monthly close and prepare monthly financial statements – including general ledger review, monthly journal entries, balance sheet account reconciliations, and P&L account schedules – and provide a detailed review and variance analysis while ensuring they are properly stated and all supporting schedules are valid.
- Assist and review budgets and re-forecasts.
- Prepare and assist with monthly draws for operating and capital expenses.
- Complete monthly bank reconciliations.
- Perform and prepare CAM reconciliations.
- Analyze and review bad debt reserves with property teams, making adjustments as necessary.
- Analyze lease commissions, tenant allowances, and other capital items for proper classification and appropriateness.
- Attend and participate in team meetings.
- Interact with A/R, Property Management, Asset Managers, etc.
- Review of A/P coding and descriptions.
- Ensure mortgage, real estate taxes, and insurance are paid timely.
- Perform complex reconciliations and analytics.
- Handle minor problems independently.
- Carry out the work and ensure any projects run smoothly from start to finish.
- Miscellaneous tasks and special projects.
- Perform audits, ensuring adherence to standard requirements
- Create new processes to improve financial efficiency
- Report analysis and findings to management team
Qualifications:
- Previous experience in accounting or other related fields
- Fundamental knowledge of GAAP
- Experience with current computer accounting programs and reporting tools
- Detail and deadline-oriented
- Strong analytical and problem solving skills
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