Job opening

Senior Property Accountant

Addison Group

Chicago, IL

Filed under Staffing and Recruiting

Full job description

Summary:

Addison Group has partnered on the search for a Senior Property Accountant to support the accounting and financial reporting functions of a real estate investment fund with a portfolio of 16 joint venture properties, including assets in operation and under development. This role will be a key contributor to the monthly, quarterly, and annual close processes and will work closely with asset management, development, and joint venture partners.


Responsibilities:

  • Lead and execute monthly, quarterly, and annual close processes for assigned properties, ensuring accuracy and timeliness
  • Prepare and review journal entries, account reconciliations, and supporting schedules
  • Maintain property-level financial statements in accordance with GAAP and partnership agreements
  • Analyze operating results, budget variances, and key financial metrics; provide actionable insights to management
  • Coordinate with joint venture partners, property managers, and third-party operators to ensure completeness and accuracy of financial data
  • Support development accounting, including capitalization of project costs, construction draws, and budget tracking
  • Assist with preparation of investor reporting packages and lender compliance requirements
  • Collaborate with auditors and support annual audit and tax processes
  • Continuously improve accounting processes, internal controls, and reporting efficiencies


Qualifications:

  • Bachelor’s degree in Accounting or Finance; CPA preferred
  • 3+ years of accounting experience, with a strong preference for real estate or property accounting
  • Real estate experience preferred
  • Strong knowledge of GAAP and financial reporting principles.
  • Advanced proficiency in Excel; experience with Yardi, MRI, or similar property accounting systems is a plus
  • Detail-oriented with strong analytical, organizational, and problem-solving skills
  • Ability to manage multiple priorities and meet deadlines in a fast-paced environment
  • Effective communication skills and ability to work cross-functionally with internal and external stakeholders


Compensation, benefits, and perks:

  • Salary: $85,000 - 100,000/year
  • Annual discretionary bonus
  • PTO + Sick Time and Floating Holidays
  • Summer Hours
  • Hybrid remote
  • Medical, dental, vision benefits
  • 401k with company match
  • Paid parental leave
  • Tuition reimbursement
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