Property Accountant

Inland Real Estate
  • Oak Brook, IL
  • Autofill and Review
5 days ago

Job Description

We are seeking a detail-oriented and motivated Property Accountant to join our growing team. In this role, you will be responsible for the day-to-day accounting operations of an assigned portfolio of residential and commercial properties. This is an excellent opportunity for an accounting professional looking to build a career in real estate accounting while gaining exposure to property operations, financial reporting, budgeting, and audit support.Key Responsibilities

Prepare and complete monthly property close workbooks, including:

Real estate taxesCommon Area Maintenance (CAM)InsuranceRental income and other property revenuesProperty operating expenses

Review and analyze balance sheet and income statement accounts to ensure transactions are recorded accurately.Investigate account fluctuations and identify key financial drivers.Prepare and record journal entries, including accruals related to:

ContractsWork ordersCapital projectsUnpaid expendituresUtilities

Review and approve invoices through the accounts payable system.Assist with the preparation of annual operating budgets.Serve as the primary accounting contact for assigned properties and proactively address accounting-related questions.Process and monitor general ledger reclassifications as needed.Prepare audit workpapers for quarterly reviews and year-end audits.Support external auditors by providing requested documentation and sample selections.Perform additional accounting and financial reporting duties as assigned.

QualificationsRequired Education

Bachelor's degree in Accounting, Finance, or a related field, or equivalent relevant work experience.

Experience

0-2 years of accounting experience, preferably within property accounting, real estate, or a related industry.

Technical Skills

Strong proficiency in Microsoft Excel.Experience using accounting software and financial systems.Solid understanding of accounting principles and financial reporting.

Professional Skills

Strong analytical and problem-solving abilities.Excellent verbal and written communication skills.Strong organizational skills with the ability to manage multiple priorities and deadlines.High attention to detail and accuracy.

Why Join Us?

Gain hands-on experience with both residential and commercial real estate portfolios.Work alongside experienced accounting and real estate professionals.Opportunity for professional growth and career advancement.Collaborative and supportive team environment.Exposure to budgeting, financial reporting, and audit processes.

Apply today and become part of a team dedicated to delivering financial excellence across a diverse real estate portfolio.

Numbers & Facts

LocationOak Brook, IL

Skills

  • Accountingunmatched
  • Accounting Closeunmatched
  • Accounting Softwareunmatched
  • Accounts Payableunmatched
  • Analysis Skillsunmatched
  • Balance Sheetunmatched
  • Billingunmatched
  • Budget Reportingunmatched
  • Budgetingunmatched
  • CAD/CAM (Computer-Aided Design/Computer-Aided Manufacturing)unmatched
  • Commercial Real Estateunmatched
  • Communication Skillsunmatched
  • Detail Orientedunmatched
  • Documentationunmatched
  • External Auditunmatched
  • Financeunmatched
  • Financial Auditunmatched
  • Financial Reportingunmatched
  • Financial Systemsunmatched
  • General Ledger Accountingunmatched
  • Income Statementsunmatched
  • Journal Entriesunmatched
  • Microsoft Excelunmatched
  • Multitaskingunmatched
  • Operational Expenditure (OPEX)unmatched
  • Organizational Skillsunmatched
  • Presentation/Verbal Skillsunmatched
  • Problem Solving Skillsunmatched
  • Property Maintenanceunmatched
  • Real Estateunmatched
  • Record Keepingunmatched
  • Residential Real Estateunmatched
  • Team Playerunmatched
  • Time Managementunmatched
  • Workpaper Preparationunmatched
  • Writing Skillsunmatched

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