Senior Property Accountant

Job Description

Property Accountant | Chicago | $85,000 to $100,000 + Bonus/Benefits

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I’m working with a Chicago-based real estate firm that is looking to add a Senior Property Accountant to its team.

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This is a great opportunity for someone who enjoys the accounting side of real estate and wants to take ownership of a diverse portfolio of Class A properties across various asset types. The firm has a strong reputation in the market, and this role offers the opportunity to work with an experienced team while continuing to grow your real estate accounting career.

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The Senior Property Accountant will be responsible for the day-to-day accounting and financial reporting for an assigned portfolio of properties, partnering closely with property managers, asset management, and ownership to ensure accurate and timely financial information.

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Responsibilities:

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• Manage the monthly and quarterly accounting close process for an assigned portfolio of properties.
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• Prepare and review property-level financial statements, balance sheets, income statements, and cash flow reports.
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• Perform monthly bank, balance sheet, and general ledger reconciliations.
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• Record and review journal entries, accruals, prepaid expenses, and other property-level accounting activity.
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• Analyze financial results and provide variance explanations to property managers and ownership.
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• Work closely with property management teams to ensure accurate reporting of operating expenses, tenant activity, and other property-related transactions.
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• Assist with annual budgets, reforecasts, and financial reporting packages.
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• Review accounts payable, accounts receivable, and other supporting schedules for accuracy.
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• Support the accounting and reporting needs of multiple asset types, including commercial, multifamily, industrial, and other real estate investments.
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• Assist with year-end audits, tax support, and other financial reporting requirements.
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• Identify opportunities to improve accounting processes, reporting accuracy, and overall efficiency.
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Qualifications:

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• Bachelor’s degree in Accounting, Finance, or a related field.
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• 3+ years of property accounting experience, ideally within a real estate investment, ownership, or property management environment.
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• Strong understanding of property-level accounting, financial reporting, and month-end close.
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• Experience working with multiple properties and asset types.
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• Strong Excel skills and experience with accounting or property management software.
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• Excellent attention to detail and ability to manage multiple priorities.
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• Strong communication skills and the ability to work effectively with property managers, asset management, and other internal teams.
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• CPA or CPA eligibility is a plus, but not required.
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If you’re a Senior Property Accountant or Property Accountant ready to take the next step, I’d love to connect.