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Property Accountant

$65k - $80k

IFG US

IFG US is partnering with a real estate company in Chicago looking to add a valued member to their team. The ideal candidate for this role will have 2+ years of experience, all within real estate property accounting. The company/culture operates on a very entrepreneurial mindset, so they need candidates that operate at a high level. They operate on a hybrid model of three days a week in the office (Monday, Wednesday, and Thursday). Compensation is $65K - $80K base plus a 5% bonus (historically paid out at 100%). Responsibilities Manage the full-cycle accounting process for an assigned portfolio of real estate properties. Prepare monthly, quarterly, and annual financial statements, including balance sheets, income statements, cash flow reports, and supporting schedules. Maintain the general ledger by recording journal entries, accruals, prepaid expenses, and other accounting transactions in accordance with GAAP. Perform monthly bank reconciliations and reconcile accounts receivable and accounts payable subledgers to ensure financial accuracy. Monitor cash activity and assist with cash management reporting. Produce variance analyses and investigate fluctuations in financial performance. Prepare detailed account reconciliations and supporting workpapers for month-end and year-end close. Coordinate the monthly, quarterly, and annual close process while consistently meeting reporting deadlines. Process tenant receipts, review rental billings, maintain rent rolls, and reconcile CAM and other property-related charges. Prepare lender reporting packages and other financial reports required by external stakeholders. Partner with Property Management, Asset Management, and Operations teams to resolve accounting issues, interpret financial results, and improve reporting accuracy. Support annual budgeting, forecasting, audit engagements, and other financial planning initiatives. Requirements Bachelor's degree in Accounting, Finance, or a related discipline. 2+ years of professional accounting experience; real estate or property accounting experience is preferred. Experience working with Yardi or another property management/accounting ERP system is an advantage. Strong proficiency in Microsoft Excel, including formulas, reconciliations, and financial analysis. #J-18808-Ljbffr IFG US

Vacancy posted 1 day ago
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