What are the responsibilities and job description for the Property Accountant position at Bisnow?
Our SelectLeaders' client is a fully integrated, private equity real estate firm with offices in Chicago, Milwaukee and Minneapolis. They develop, operate and invest in real estate assets in high barrier-to-entry markets with favorable supply and demand fundamentals.
They are looking for a Property Accountant to oversee financial operations for their commercial assets and one multifamily building.
- Responsible for month-end, quarter end and year-end close activities from balance sheet and cash account reconciliations
- Manage and accounts payable and receivable activities for assigned portfolio
- Produce and manage variance reports
- Reconcile monthly bank statements
- Manage debt and debt payments
- Prepare and review properly documented journal entries.
- Assist with Budgets and Forecasts as needed, working with asset management and Finance leadership.
- Assist with the calculation of fees (i.e. Management and Acquisition) as needed. Identify and implement process re-engineering opportunities.
- Record cash receipts, receivables and other journal entries as appropriate.
- Special projects and other functions as required by manager or client.
- Produce monthly, quarterly, and annual property reporting accurately and on time.
- 2 years’ experience in a professional accounting/bookkeeping role
- Accounting degree or significant work experience
- Proficiency in MS Office
- Yardi experience is a plus
- Experience in commercial real estate accounting is required
- Salary: 80-100k plus a 10% bonus incentive.
