Senior Property Accountant

HRP Group•Chicago, IL

8d•$80,000 - $100,000

About The Position

HRP Group is seeking a Senior Property Accountant to support the financial management of its development and redevelopment portfolio. The role calls for strong technical accounting expertise, ownership of complex accounting and reporting responsibilities, and close collaboration across departments. The Senior Property Accountant reports directly to the Property Accounting Manager and works closely with Development, Asset Management, Property Management, and Operations teams. The position provides financial oversight and accounting support for development and redevelopment projects, helping ensure accurate reporting, effective cost management, and informed business decisions. The role also serves as an accounting lead for assigned projects and a subject matter expert in development and project accounting. It includes opportunities to contribute to process improvements, cross-functional initiatives, and strategic financial projects, with potential to expand responsibilities and develop leadership skills as HRP grows.

Requirements

Bachelor's degree in Accounting or a related field.
At least 3 years of progressive accounting experience.
Strong knowledge of GAAP and financial reporting principles.
Advanced proficiency in Microsoft Excel and Microsoft Office applications.
Excellent organizational skills and ability to manage multiple priorities and deadlines.
Strong analytical, problem-solving, and communication skills.
Ability to work independently and take ownership of complex accounting responsibilities.

Nice To Haves

CPA designation or active pursuit of CPA certification.
Experience in real estate, property accounting, development, construction, or public accounting with real estate clients.
Experience with Yardi or similar ERP systems.
Experience leading projects, coordinating cross-functional initiatives, or driving process improvements.
Demonstrated success identifying and implementing process improvements.
Experience with development accounting, capital project accounting, partnership accounting, or joint venture structures.

Responsibilities

Prepare monthly financial statements in accordance with GAAP.
Record and manage journal entries for cash, accruals, depreciation, amortization, and development-related activity.
Perform monthly balance sheet reconciliations and ensure financial records are accurate and complete.
Support month-end, quarter-end, and year-end close processes.
Assist with annual audits, tax reporting, and compliance requirements.
Prepare lender draw packages and recurring financial reports for financing partners.
Review, code, and approve invoices in the ERP system.
Assist with debt compliance reporting and lender requirements.
Lead accounting for assigned development and redevelopment projects.
Monitor development budgets, project costs, capital expenditures, and project financial performance.
Track construction-in-progress activity and ensure development costs are capitalized in accordance with GAAP and company policy.
Assist with project forecasting, budgeting, and cash flow planning.
Support accounting for real estate entities, partnerships, and joint ventures, as applicable.
Lead initiatives to improve accounting processes, reporting capabilities, and operational efficiency.
Help strengthen internal controls and promote accounting best practices.
Serve as a resource for colleagues on accounting policies, procedures, and project accounting matters.
Participate in special projects and strategic initiatives supporting organizational growth.