Senior Associate, Property Accounting

Core Spaces•Chicago, IL

19h

About The Position

Core Spaces (Core) is a people-focused real estate company dedicated to inventing the future of living through collaboration and innovation. Founded in 2010, Core is a vertically integrated real estate investment manager specializing in student housing and build-to-rent (BTR) sectors. The company's residential communities offer world-class amenities, progressive design, and hospitality-driven service. As of Q1 2026, Core's student housing portfolio includes over 74,440 beds owned or managed, with a pipeline of over 53,860 beds. The BTR division has over 3,000 homes under development, leasing, or in the pipeline in high-growth metros nationwide.

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

Nice To Haves

Real Estate Development or Construction Accounting
Entrata Accounting Software Program
Yardi experience

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.
Assist site team and asset managers with annual budget preparation.
Lead the distribution of financial reporting packages to lenders and partners.
Review and ensure compliance with accounting policies & procedures and resolve accounting related issues.
Perform monthly account analysis of selected general ledger accounts to ensure accounts properly reflect the Company’s financial position in accordance with company policy and GAAP.
Review ledger detail, prepare/review adjusting journal entries, and supporting schedules for GAAP-based financial statements.
Prepare property financial statements and supporting schedules monthly.
Coordinate all audit/investor inquiries pertaining to the operating financials.
Prepare property acquisition and disposition journal entries.
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.
Review bank reconciliations and journal entries as needed.
Provide guidance on Core’s accounting policies by leading training sessions on policies & procedures across all departments.
Calculate ownership distributions utilizing cash flow analysis.
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.
Perform all other duties and tasks as assigned by management.
Must be able to complete all physical requirements of this role with or without a reasonable accommodation.

Benefits

A culture that provides you with a sense of belonging
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