Property Accountant Job at Creative Financial Staffing, Chicago, IL

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  • Creative Financial Staffing
  • Chicago, IL

Job Description

About the Company:

Our client is a rapidly growing Real Estate business who are looking to add Property Accountant to their team. The company has enjoyed incredible success in the last few years' and are seeking a candidate with a similar background to join their team as they continue their expansion.

Reasons to Work Here:

  • One of the largest commercial real estate companies in the Chicago land area
  • Company prides itself on promoting people from within, wants employees to continue to feel the satisfaction that comes with personal growth
  • Offers competitive salaries and a benefits package that includes medical, dental, vision and life insurance, a tuition reimbursement plan, a 401K program, and flexible spending accounts
  • Great work life balance
  • Causal/friendly culture
  • Hybrid schedule, 3 days in office

Overview of the Property Accountant role:

  • Prepare monthly journal entries
  • Reconcile bank accounts including escrows and reserves
  • Maintain supporting work-papers for balance sheet accounts such as Prepaid and Accrued Expenses, Mortgage and Interest Payable, Real Estate Tax payable, and tenant related receivables/payables, etc.
  • Reconcile capital activity
  • Prepare journal entries related to significant transactions such as acquisitions, dispositions and financings.
  • Maintain Fixed Asset database and prepare depreciation journal entries.
  • Analyze lease commissions, tenant allowances and other capital items for proper classification.
  • Collaborate with Property Management to prepare monthly variance analysis of operating revenue and expenses.
  • Coordinate with other Senior Accountant to provide consolidated financial and operating reporting for the multifamily portfolio
  • Owner distributions
  • Lender Draws
  • Prepare data to support the preparation of tax returns.
  • Assist outside firms with audit and/or year-end tax filings.
  • Assist with preparation and review of annual property budgets.
  • Participate in special projects and prepare ad hoc reports as needed.
  • Assist in preparation of tenant reconciliations and estimates in accordance with stipulated lease terms.

Preferred Qualifications for the Property Accountant:

  • 1+ years of Accounting experience
  • Real estate experience
  • Bachelor's degree
Salary: $90,000 - $100,000

#LI-MC1
#INAPR2025
#ZRCFS

Creative Financial Staffing

Job Tags

Flexible hours,

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