Property Accountant

About the role

ELS is hiring for the position of Property Accountant in Chicago, Illinois.

What You'll Do

The Property Accountant develops, maintains and recommends policies and procedures to improve the efficiency, accuracy and completion of financial reports and reconciliations. This position maintains responsibility for a portfolio of properties and their financials, including the review of property financial statements, recording of journal entries and the reconciliation and analysis of variances compared to the previous year's forecasting and budgets.

Responsibilities

• Reconcile complex bank accounts daily and balance sheet accounts on a monthly basis.
• Review property operating statements and analyze variances to the previous year's forecasting and budgets.
• Examine ledger details, analyze transactions and adjust entries when necessary.
• Prepare quarterly and annual schedules to support the financial statements used for public reporting.
• Identify and propose recommendations for changes and improvements to accounting policies and procedures.
• Lead projects that streamline and improve the monthly close process, including software integration and implementation projects.
• Maintain daily communications with property managers.

Qualifications

• Bachelor's degree in Accounting; Certified Public Accountant designation preferred.
• At least two years of accounting experience.
• Strong understanding of accounting concepts, with a focus on accruals, journal entries and bank reconciliations.
• Meticulous attention to detail.
• Ability to work efficiently under pressure, drive projects to completion and meet deadlines.
• Strong financial acumen, including problem-solving and critical thinking.
• Proficiency in Microsoft Excel.

Benefits

• Medical, dental, and vision plans
• Generous 401(k) employer match
• Paid vacations, holidays, and sick time

Pay

Annual Salary: $65,000.00 - $72,500.00