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Banner of Brilliant Financial Staffing - Chicago,& Ft. Lauderdale company

Property Accounting Manager

Brilliant Financial Staffing - Chicago,& Ft. Lauderdale Oak Brook, IL (Onsite) Full-Time
Property Accounting Manager - Chicago West Suburbs - Hybrid

About the Role
The Property Accounting Manager will be responsible for supporting the Accounting Department with all accounting functions including accounts payable, accounts receivable, general ledger, and assisting with the month-end close process.

Responsibilities
  • Daily oversight, review and training of team members as well as handling the accounting and financial reporting for a portfolio of assets.
  • Assist in any scheduling or reorganization of staffing loads.
  • Interview and evaluate prospective candidates for accountant and accounting assistant roles.
  • Ensure positive pay exceptions are cleared by accountants daily.
  • Assigned Team Oversight.
  • Training and supervision of accountants & accounting assistants.
  • Ensuring adherence to WBPC and client policies and procedures.
  • Review of financial packages ensuring thorough, timely, accurate reporting.
  • Review of cash flows, distributions and contribution requests.
  • Review bank reconciliations for accuracy, completeness and ensure stale reconciling items cleared.
  • Ensure critical payments are processed timely and accurately by team members.
  • Oversight of responses to client requests and review questions.
  • Preparation of the financial package, including general ledger review, bank reconciliations and balance sheet support schedules for assigned assets.
  • Manage assigned asset’s cash and coordinate distributions and/or contribution requests as required.
  • Ensure timely payment of approved invoices mortgages, real estate taxes & other critical payments.
  • Review of all management fee calculations for portfolios are completed and processed.
  • Oversee Inter-Project Account (IPA) reimbursements to ensure they are paid timely.
  • Annual coordination and oversight of the 1099 process.
  • Resource to Business Managers and Regional Managers in budget season including loading budget templates and answering questions as needed.
  • Ensure approved annual budgets are properly input into accounting systems.
  • Ensure audit requests are completed and submitted timely for assigned team member’s portfolio.
  • Review of CAM escalations, real estate tax escalations and other recovery calculations for mixed-use properties in assigned or teams assigned portfolio.
Qualifications
  • Bachelor's degree (BA/BS) from a four-year college or university or 6+ years of related experience.
  • Experience with MS Office software (Excel) and Real Estate accounting software.
  • Ability to write, comprehend, analyze, and interpret various types of business documents.
  • Ability to effectively respond verbally or written to complex inquiries or complaints.
  • Ability to present information to an internal group of employees.
  • Demonstrate ability to work well under pressure with a proactive approach to unusual occurrences.
  • Requires excellent organizational skills, attention to detail and an openness to new ideas and procedures.
  • Ability to analyze, plan and distribute portfolio loads to ensure team’s success in meeting deliverables.

#PermIL2024

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Job Snapshot

Employee Type

Full-Time

Location

Oak Brook, IL (Onsite)

Job Type

Accounting

Experience

Not Specified

Date Posted

10/29/2024

Apply to this job.

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