Property Accountant - Lombard, United States - Creative Financial Staffing

Description

Our client is a reputable and rapidly growing firm specializing in real estate management and investment and are seeking a Property Accountant to join their growing Accounting department. Great opportunity for an individual seeking growth and development.

Why Work For This Company as a Property Accountant:

• Fantastic culture + profit sharing
• People development- lots of growth from within
• Great work life balance
• Full benefits package
• Great leadership

Responsibilities of the Property Accountant:

• Financial Reporting: Prepare and analyze property financial statements, including income statements, balance sheets, and cash flow statements.
• Accounts Receivable/Payable: Manage rent invoicing, collections, and payments. Process property-related invoices and ensure timely payments to vendors.
• Budgeting and Forecasting: Assist in the development of property budgets and provide input on financial forecasts. Monitor and report on budget variances.
• Lease Administration: Maintain accurate lease records, track lease terms, and ensure compliance with lease agreements. Handle tenant financial inquiries.
• CAM Reconciliations: Perform common area maintenance (CAM) reconciliations and work with property managers to resolve discrepancies.
• Tax and Regulatory Compliance: Stay current with property tax assessments, ensure compliance with relevant regulations, and assist with property tax filings.
• Month-end Close: Conduct month-end closing procedures for assigned properties, including reconciling accounts and preparing journal entries.

Qualifications of the Property Accountant:

• Bachelors degree in Accounting, Finance, or a related field.
• Proven experience as a Property Accountant, preferably in the real estate industry.
• Knowledge of property management software and accounting systems.
• Strong understanding of property financial reporting, lease administration, and CAM reconciliations.
• Detail-oriented with excellent organizational and analytical skills.
• Effective communication and collaboration skills.