Property Accountant Job at CFS, Chicago, IL

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  • CFS
  • Chicago, IL

Job Description

Property Accountant Our client is a fast‑growing real estate company experiencing significant success in recent years. As they continue to expand, they are looking to add a Property Accountant to their team. They are seeking a candidate with a strong background in a similar environment to support their ongoing growth and contribute to their continued success. $70,000-$100,000 Why work here as a Property Accountant One of the largest commercial real‑estate companies in the Chicago land area Company prides itself on promoting people from within and wants employees to continue to feel the satisfaction that comes with personal growth Offers competitive salaries and a benefits package that includes medical, dental, vision, and life insurance, a tuition reimbursement plan, a 401K program, and flexible spending accounts Great work‑life balance Causal/friendly culture Hybrid schedule: 3 days in office Responsibilities Prepare monthly journal entries Reconcile bank accounts including escrows and reserves Maintain supporting work‑papers for balance‑sheet accounts such as prepaid and accrued expenses, mortgage and interest payable, real‑estate tax payable, and tenant‑related receivables/payables Reconcile capital activity Prepare journal entries related to significant transactions such as acquisitions, dispositions, and financings Maintain fixed‑asset database and prepare depreciation journal entries Analyze lease commissions, tenant allowances, and other capital items for proper classification Collaborate with Property Management to prepare monthly variance analysis of operating revenue and expenses Coordinate with Senior Accountant to provide consolidated financial and operating reporting for the multifamily portfolio Handle owner distributions and lender draws Prepare data to support the preparation of tax returns Assist outside firms with audit and/or year‑end tax filings Assist with preparation and review of annual property budgets Participate in special projects and prepare ad hoc reports as needed Assist in preparation of tenant reconciliations and estimates in accordance with stipulated lease terms Experience 1+ years of accounting experience Real‑estate experience Bachelor’s degree #J-18808-Ljbffr CFS

Job Tags

Work at office, Flexible hours

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