Senior Accountant

2 months ago

Chicago, United States Equity Residential Full time

Equity Residential (EQR) is an S&P 500 real estate company and an industry leading multi-family REIT, headquartered in downtown Chicago. Our portfolio of high-quality properties in growth markets – New York City, Boston, Washington DC, Seattle, San Francisco and Los Angeles, to name a few – provides homes where people most want to live, work and play. We've got the best people in the business, and our experience shows in our dedication to our residents and in how much we value each other as colleagues. That’s why our employees say they are proud to work at Equity, a company that gives our residents a place where they can Live Remarkably, and offers a culture where our employees have the opportunity to make their mark.

EQR is in search of a resourceful, detail-oriented, analytical professional, and team player to join our Accounting team in our Chicago corporate office as a Senior Accountant. The Senior Accountant is pivotal in ensuring accurate financial reporting, maintaining the integrity of the general ledger, and overseeing payroll accounting. The Senior Accountant will assist with general ledger research, analyzing payroll liability accounts, and evaluating payroll postings to ensure they are financially appropriate and in line with company expectations

WHO YOU ARE

Knowledgeable.   Through previous work experiences, you’ve been exposed to accounting principles in the construction industry. You don’t need to be an expert, but your previous exposure to it is what will help you quickly transition into this position. A Strong Communicator.  Your writing and speaking skills are clear and effective, helping you connect well with others.  A Team Player.  You are united with teammates and follow through on commitments, so you are known as trusted business partner and someone your teammates can count on. Organized & Accountable.  You multitask well, re-prioritize accordingly, and meet deadlines consistently. Above all, you are flexible and able to juggle the needs of changing priorities of the business.  Passionate. Motivated. Eager to Learn. You ask smart questions, challenge the status quo, and regularly seek to understand. You invest extra energy to reach your goals. And when a special project arises, you volunteer.

WHAT YOU’LL DO

General Ledger management - Responsible for ensuring Payroll Liability balances are correctly stated by maintaining a quarterly reconciliation including various payroll taxes and other employee benefits programs. Reconciling variances are identified and resolved in a timely manner.  Assists with the monthly closing process for the Corporate departments by reviewing various Accounts Payable transactions, general ledger postings, and preparing/reviewing supporting schedules. Payroll postings - Responsible for managing all activities related to posting payroll transactions to the general ledger system. Update and maintain general ledger coding for the payroll interface, ensuring accuracy and consistency. Document and resolve any errors in payroll postings promptly to maintain data integrity. Payroll accounting - Manage all payroll accounting activities posted to the general ledger. Perform accrual analysis to ensure payroll expenses are properly recorded in the correct period. Conduct budget for actual analysis related to payroll costs. Review general ledger entries for payroll and participate in intercompany reconciliations where necessary. Payroll bank account reconciliation - Review and reconcile payroll-related bank accounts regularly. Investigate and resolve any discrepancies or open issues identified during the reconciliation process. Ensure all payroll transactions are accurately reflected in the bank statements and general ledger. Collaborate with HR and finance teams to ensure compliance with payroll accounting policies and procedures. Identify opportunities for process improvements and efficiencies within the accounting function as well as implement best practices to streamline workflows and enhance accuracy. Provides ad hoc reporting and analysis as required by management.

REQUIREMENTS

Bachelor’s Degree in Finance, Accounting, Business, or related field. 2+ years in benefits analysis or payroll accounting required. Working knowledge of Oracle HCM, Hyperion Essbase, MRI AP/GL and Quantum is preferred. Understanding of a variety of software applications is essential, including HRMS systems, and how they interface in order to manipulate data. Solid computer skills including Excel, Word and PowerPoint is a must. Ability to manage multiple projects, meet deadlines, communicate effectively, draft written communication materials, and strong problem solving skills necessary.

REWARDS

We recognize everyone has different needs outside of work. That’s why, in addition to a competitive benefits package (medical, dental, vision and paid time off), we offer many unique benefits options to employees, like pet insurance and paid time off for community service projects. To learn more, view our Total Wellbeing page .

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