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Beacon Hill is partnering with an established Chicago real estate and property management organization to identify a hands-on Vice President of Finance to lead its property accounting function.
This is an excellent opportunity for an experienced real estate accounting leader who enjoys staying close to the details while managing and developing a team. The VP of Finance will oversee property accounting, financial reporting, budgeting, internal controls, and accounting operations across a diverse portfolio. The successful candidate will combine strong technical property accounting experience with the leadership skills to create accountability, improve processes, and provide meaningful financial insight to senior management and clients.
Responsibilities
- Lead and develop a team of property accounting professionals.
- Oversee accounting and financial reporting across the property portfolio, including general ledger activity, monthly reporting, reconciliations, and related accounting processes.
- Review financial results and ensure timely, accurate reporting to clients and senior leadership.
- Lead budgeting, forecasting, variance analysis, and related financial planning processes.
- Establish and maintain consistent accounting policies, procedures, workflows, and internal controls.
- Monitor revenue, expenditures, operating budgets, and balance sheet activity and address issues as they arise.
- Partner with property management and senior leadership to provide financial analysis and insight supporting operational decisions.
- Identify opportunities to streamline accounting processes and improve reporting accuracy and efficiency.
- Maintain strong controls around company and client assets, cash activity, expenditures, and financial reporting.
- Support tax, regulatory, banking, and other finance-related requirements.
Qualifications
- Bachelor’s degree in Accounting, Finance, Business, or a related field.
- 5+ years of property management/property accounting experience required.
- Prior experience managing and developing a property accounting team required.
- Strong hands-on knowledge of real estate property accounting, financial reporting, reconciliations, budgeting, and internal controls.
- Demonstrated ability to operate as a hands-on leader who can review the details and step into the accounting when needed.
- Strong knowledge of GAAP and financial reporting standards.
- Excellent communication, leadership, analytical, and organizational skills.
- Experience improving accounting processes, controls, and reporting procedures.
- CPA preferred.
- Experience with Entrata or another major real estate/property management accounting system is a plus.
Compensation & Benefits
- Base salary of $140,000-$160,000, depending on experience.
- 401(k) with company match.
- Medical and dental insurance.
- Life insurance.
- Paid time off.
- Tuition reimbursement.
This is a highly visible role for someone who wants to lead a team while remaining actively involved in the accounting and financial operations of a well-established real estate organization.
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