Property Accountant

The Inland Real Estate Group of Companies • Oak Brook, IL

6d • $61,094 - $76,367

About The Position

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.

Requirements

• Bachelor's degree in Accounting, Finance, or a related field, or equivalent relevant work experience.
• 0-2 years of accounting experience, preferably within property accounting, real estate, or a related industry.
• Strong proficiency in Microsoft Excel.
• Experience using accounting software and financial systems.
• Solid understanding of accounting principles and financial reporting.
• 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.

Responsibilities

• Prepare and complete monthly property close workbooks, including: Real estate taxes, Common Area Maintenance (CAM), Insurance, Rental income and other property revenues, Property 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: Contracts, Work orders, Capital projects, Unpaid expenditures, Utilities
• 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.

Benefits

• Medical/Dental/Vision insurance (PPO)
• Participation in the company 401(k) plan with a company match
• Vacation Time, Nine Paid Holidays, Three floating holidays per year
• Sick time
• Tuition reimbursement opportunity
• Company-paid life insurance equaling your annual base salary
• Company-paid short-term and long-term disability
• Paid Parental Leave

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level