Property Accountant

Job Description

Job Description

Job Title: Senior Property Accountant

Industry: Real Estate / Property Management

Location (City, State): Chicago, IL

Compensation: $40 - $45 / hour

Benefits: This position is eligible for medical, dental, vision, and 401(k) benefits.

Work Schedule: 40 hours / week, in office full-time

About Our Client

Addison Group is partnering with our client to hire an experienced accounting professional to support a growing real estate portfolio. This position offers the opportunity to work closely with property operations, asset management, and finance teams while contributing to the accuracy and integrity of financial reporting.

Job Description

Our client is seeking a detail-oriented accountant with strong reconciliation and financial reporting experience. This role will be responsible for maintaining accurate property-level financial records, supporting month-end close activities, assisting with audits, and collaborating with internal and external stakeholders to ensure sound accounting practices.

Key Responsibilities

• Analyze and review monthly bank account reconciliations, researching and resolving outstanding transactions as needed.
• Monitor property-related cash activity, including operating, reserve, and other designated accounts, while ensuring all financial activity is accurately recorded.
• Prepare and post journal entries to maintain complete and accurate accounting records.
• Evaluate monthly financial results and investigate material variances compared to budgets, forecasts, and historical trends.
• Partner with operational and financial teams to identify and explain fluctuations in revenue and expenses.
• Calculate and record accruals to ensure expenses are recognized in the appropriate accounting periods.
• Maintain detailed schedules supporting prepaid expenses, property taxes, and other balance sheet accounts.
• Assist with balance sheet account analysis and ensure account reconciliations are completed timely and accurately.
• Provide requested financial documentation and support during annual audits and tax preparation activities.
• Collaborate with accounting leadership to strengthen financial controls and maintain reporting accuracy across the portfolio.
• Participate in process improvement initiatives designed to enhance accounting efficiency and reporting quality.
• Complete special projects and other accounting-related assignments as needed.
• Maintain a high level of professionalism when interacting with internal teams, external partners, and stakeholders.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field preferred.
• 3+ years of accounting experience, preferably within real estate, property management, or a multi-entity environment.
• Strong understanding of accrual accounting, general ledger maintenance, and financial statement analysis.
• Experience preparing reconciliations and supporting month-end close processes.
• Proficiency with accounting software and Microsoft Excel.
• Ability to analyze financial data, identify discrepancies, and recommend solutions.
• Strong organizational skills with the ability to manage multiple priorities and deadlines.
• Excellent communication and collaboration skills.

Additional Details

This position is ideal for an accounting professional who enjoys financial analysis, reconciliations, and working cross-functionally to support business operations. Candidates who thrive in a deadline-driven environment and possess strong attention to detail are encouraged to apply.

Addison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Addison Group complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. Reasonable accommodation is available for qualified individuals with disabilities, upon request.

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