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Property Accountant

GGP

Location: GGP Chicago - 350 N Orleans Street, Suite 300, Chicago, IL The Property Accountant is responsible for accurately recording and reporting property-level financial statements in accordance with GAAP and company policies. This role ensures timely preparation of financial statements, reconciliations, and variance analyses to support property operations. The Property Accountant also collaborates with property teams and corporate finance to maintain compliance and drive financial accuracy. Responsibilities Prepare balance sheets and income statements for assigned portfolio of properties, ensuring accuracy and compliance. Analyze, document, and record transactions in the company's JD Edwards general ledger, maintaining thorough supporting workpapers. Provide detailed explanations for all balance sheet and income statement variances. Calculate tenant common area maintenance (“CAM”) charges according to lease agreements. Collaborate with property teams, financial reporting teams, and other business partners to ensure smooth financial operations. Document and record ownership-level transactions and adjustments for assigned portfolio based on relevant legal documentation such as debt agreements, purchase and sales contracts, and joint venture agreements. Stay informed on external accounting and reporting practices to understand transaction disclosures and financial trends. Other duties as assigned. Qualifications High school diploma or GED required. Bachelor's degree in Accounting, Business, or a related field required; CPA candidate is a plus . Minimum of 2 years of experience in related accounting or finance role required; experience within the real estate industry is preferred. Demonstrated experience preparing workpapers supporting accrual-based general ledger entries and responding to audit inquiries. Strong organizational and problem-solving skills with the ability to meet deadlines. Strong written and verbal communication skills. Excellent attention to detail and accuracy. Working knowledge of Microsoft Office Suite with intermediate-level Excel skills. Experience with an ERP general ledger, preferably JD Edwards or Yardi. Compensation Annual base salary range: $70,000 - $90,000. Annual bonus: 10%. Benefits Competitive compensation medical, dental and vision beginning day 1. 401(k) company matching (vests on day 1). Career development programs. Generous paid time off (vacation, personal holidays, paid sick time). Paid volunteer hours. Paid parental leave and family planning assistance including IVF, surrogacy, and adoption options. Wellness and mental health resources. Pet insurance. Childcare assistance. Commuter benefits. A culture that values integrity, mutual trust, initiative and teamwork. We are an equal opportunity employer and are proud to create a diverse environment. #J-18808-Ljbffr

Vacancy posted 13 hours ago
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