Senior Property Accountant

Job Description

Job Description

About the Position

We are seeking an experienced Senior Property Accountant to join our accounting team at our corporate headquarters in the heart of downtown Chicago.

The Senior Property Accountant will be responsible for the accounting and financial reporting of a portfolio of properties throughout the Midwest. Reporting to the Controller, this position will also oversee Staff Accountants and work closely with Property Managers and Area Managers on accounting matters.

Responsibilities

• Maintain general ledgers, reconcile accounts, and prepare journal entries as part of the month-end closing process.
• Review rent rolls, record necessary adjustments, and maintain escrow accounts and supporting accounting schedules.
• Prepare financial statements and required regulatory reports, including HUD reporting and Housing Assistance Payment (HAP) vouchers.
• Prepare financial documentation for annual audits and tax filings.
• Oversee the work of Staff Accountants, providing guidance and reviewing assignments for accuracy and timely completion.
• Assist with improvements to accounting procedures and internal controls, and support special projects as assigned by the Controller and CFO.

Qualifications

• Bachelor's degree in Accounting; CPA eligibility preferred.
• Minimum of three years of property accounting experience.
• Strong knowledge of GAAP and financial reporting.
• Experience with property accounting software, preferably Yardi.
• Strong analytical, problem-solving, communication, and organizational skills.

Additional Compensation & Benefits

In addition to base salary, this position may be considered for an annual discretionary performance bonus. Fully employer-paid health and disability insurance is also provided.

Prairie Management & Development, Inc. (PMD) is a mission-driven property development and management firm with over 40 years of industry experience. PMD’s primary focus is to provide, through construction and preservation, clean, safe and affordable housing for the residents, including for some who are most in need. The company owns and/or manages 40+ projects, all of which are located in the Midwest. Company headquarters is located on North Michigan Avenue in Chicago.

Prairie Management & Development, Inc. is an equal opportunity employer.

Company Description

Prairie Management & Development, Inc. (PMD) is a mission-driven property development and management firm with over 40 years of industry experience. PMD’s primary focus is to provide, through construction and preservation, clean, safe and affordable housing for the residents, including for some who are most in need. The company owns and/or manages 40+ projects, all of which are located in the Midwest. Company headquarters is located on North Michigan Avenue in Chicago. \r\rPrairie Management & Development, Inc. is an equal opportunity employer.