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Property Accountant

$65k - $70k

Housing-Authority-of-Cook-Count

SUMMARY The primary responsibility of the Property Accountant is handling the day‑to‑day accounting operations of an assigned portfolio of properties and capital projects. To assist the Senior Reporting Financial Manager in ensuring property managers operate within their budgets, obtain necessary approval for required revisions, and maintain proper accounting financial statements, and internal controls. ESSENTIAL FUNCTIONS Responsible for accounting for a portfolio of properties including general ledger month‑end close and supporting work papers. Portfolio includes Public Housing, Section 8 and RAD properties. Reviews the balance sheet and income statement to ensure all transactions are recorded appropriately and timely. Analyzes and understands fluctuations in account balances and identifies drivers. Maintains and updates individual property workbooks reviewed by management. Reviews and approves payables ensuring proper GL coding and descriptions. Prepares budget to actual variance reports. Review and assist with the preparation of annual budgets for a portfolio of properties. Ensures compliance with internal controls. Interact with the Property Manager on various financial issues relating to the operations of HACC properties. Completes monthly financial analysis and assist Manager with forecasting and budget reviews. Completes reconciliations of various accounts. Performs an account receivable roll‑forward and reconciliation accounting for the monthly rent billings, cash posted to accounts receivable, rental income and cash receipts per bank. Assist Manager on audit findings and related action plans. Assist Manager on any Rental Assistance Demonstration (RAD) conversions as well as understanding requirements of the program. Other duties as assigned. OTHER DUTIES AND RESPONSIBILITIES Complies with applicable job‑related local, state, and federal regulations. Knowledge of applicable national, state and local regulations, statutes, policies and procedures regarding Low‑Income Housing, or other housing type as determined by the department as the time of job posting. Meets or exceeds applicable job‑related HUD performance standards particularly PHAS. Responsible for safety while performing all facets of job and observes all Housing Authority safety procedures, as well as all local, state, and federal safety laws and regulations. Performs other duties as assigned. EDUCATION, EXPERIENCE AND/OR CERTIFICATION Bachelor’s degree (BA) or equivalent in a related field of study, such as accounting, finance, economics, or public policy, from a four‑year accredited college or university. 2+ years related accounting and property management experience in public housing required. 2+ years YARDI experience. SALARY The salary range for this position is $65,000 - $70,000. BENEFITS Health insurance Dental insurance Vision insurance Life insurance Healthcare flexible spending account Dependent Care flexible spending account Commuter flexible spending account Employee assistance program 401(k) - Employer Contribution of 6% Paid time off This job description is subject to change and in no manner states or implies that these are the only duties and responsibilities to be performed. The qualifications listed above are guidelines, other combinations of education and experience that could provide the necessary knowledge, skills, and abilities to perform the job will be considered. #J-18808-Ljbffr

Vacancy posted 4 days ago
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