Senior Associate, Property Accounting
TalentAlly · Chicago, IL · Yesterday
Accounting$85k/yrFull-time
About the role
This position serves as the Senior Property Accountant, responsible for preparing and analyzing financial results of operational properties, including the preparation of GAAP financial statements, financial forecasts, reporting packages to investors, general ledger review, variance analysis, and audited financial statements.
Responsibilities
- Perform monthly, quarterly, and annual accounting activities, including organization, reconciliation, and review of financial reports.
- Work closely with the operations team to ensure they are receiving the information required to effectively operate the properties and that the reporting calendar is being met.
- Research monthly variances from budget and assist operations and accounting staff with variance explanations.
- Aid site team and asset managers with annual budget preparation.
- Distribute financial reporting packages to lenders and partners.
- Review and ensure compliance with accounting policies & procedures and resolve accounting related issues.
- Lead the onboarding and set up of property acquisitions.
- Prepare lender reporting packages, debt covenant calculations, and work directly with the accounting manager to ensure compliance with loan requirements.
- Manage fixed assets in Sage and perform quarterly roll-forward reconciliations.
- Assist the Property Accounting Manager with ad hoc projects as needed.
- Occasional travel may be necessary as needed.
Requirements
- Bachelor's degree in Accounting
- 4+ years of relevant experience
- Detail oriented and ability to problem solve, research, and multi-task
- Strong knowledge of GAAP compliancy
- Experience working in Accounting Software Programs
- Proficiency in MS Outlook, Excel, Word
- Excellent interpersonal and organizational skills
- Ability to multi-task and manage shifting priorities in a fast-paced environment
- Attention to detail and high level of accuracy
Qualifications
- Experience with Real Estate Development or Construction Accounting
- Entrata Accounting Software Program experience
- Yardi experience
Skills
- Organizational Structure Reports to: Property Accounting Manager
- Direct Reports: N/A
Benefits
- Competitive pay that values your contributions
- Incentives designed to reward your achievements
- Paid flexible PTO to disconnect or celebrate life milestones
- Paid 14+holidays, including your birthday, to disconnect and celebrate
- Paid Parental Leave that begins after 90 days
- Paid volunteer time off to give back to your community
- Monthly workshop weeks; fewer meetings & more collaboration
- Robust health plan options that begin within at least 30 days of your employment
- Monthly phone reimbursement
- Wellness allowance and perks, including a yearly subscription to a meditation app
- An environment that provides you a voice to share your perspectives
- Employee Assistance Program (EAP) for access to confidential support services
- Company retirement options including 401(k) + matching & Roth account option
Pay
USD $85,000.00 - USD $95,000.00 /Yr.
Schedule
N/A