Demo

Senior Property Accountant

Connect Search, LLC
Chicago, IL Full Time
POSTED ON 2/5/2025
AVAILABLE BEFORE 3/6/2025

Top Chicago Real Estate firm seeking a skilled Senior Property Accountant.


KEYS:

  • 3 years of Real Estate experience
  • Ideally both Property Accounting and Fund Accounting experience



Responsibilities

  • Perform monthly, quarterly, and year-end general ledger closings in accordance with GAAP.
  • Oversee and review financial data from related-party property management accounting on a monthly, quarterly, and yearly basis.
  • Compare financial results to budget and prepare variance explanations.
  • Review property-level payables and receivables, investigating unusual activity or past-due balances with the property management team.
  • Maintain and review property fixed asset records, including GAAP and tax depreciation.
  • Enter and import property-level financials into the corporate accounting system.
  • Reconcile all parent company cash, investment, and equity accounts.
  • Calculate and process payments for asset management and acquisition fees.
  • Assist the Controller and asset management team in managing capital for renovations.
  • Support the Property Accounting Manager and Property Management team with new property setup and transitions.
  • Assist in developing and implementing accounting policies and procedures.
  • Research and document findings on relevant accounting issues.
  • Provide coaching, training, and review support to junior team members.


For immediate consideration, please send an up-to-date resume to greg.rosencrans@connectsearchllc.com


The hiring range for this role is $85,000 – $120,00. The compensation package offered will depend on the candidate’s ability to meet the requirements of the role and a range of factors unique to each candidate, including but not limited to their skill set, years and depth of experience, certifications, and location.

Salary : $85,000 - $120,000

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