Property Accountant

On-Site Property Accountant | Chicago Loop

The Property Accountant will be responsible for all phases of accounting for an office property located in the Chicago Loop, including financial reporting, projects, account analysis, bank reconciliations, budgeting, and cash flow management. This role requires strong technical accounting skills, sound judgment, and the ability to work effectively with property management and ownership.

Essential Job Duties

• Perform full-cycle accounting, including account and transaction analysis.
• Prepare and assist with cash management, accounts payable, accounts receivable, and reconciliations.
• Prepare timely and accurate financial reporting packages in accordance with internal controls and requirements.
• Communicate and collaborate effectively with property management and ownership.
• Prepare and monitor the full property budget.
• Review and update cash flow statements to reflect changes at the property.
• Follow appropriate procedures for maintaining accounting records, researching transactions, and preparing reports.
• Maintain and manage lease transaction data, including security deposit refunds, LOC management, and lease extensions, renewals, and terminations.
• Commercial and/or retail accounting experience preferred.
• Perform other related duties as required or requested.

Education

• Bachelor’s degree in Accounting or Finance preferred.
• CPA is a plus.

Experience

• Seven (7) years of accounting experience required.
• Five (5) years of commercial real estate experience.
• Experience with Argus, Timberline, or other real estate accounting software preferred.
• Strong Microsoft Office skills, including Excel.

Core Competencies

• Analytical skills
• Attention to detail
• Customer/client focus
• Financial management
• Strong written and verbal communication
• Independent thinker