Accountant (Property Accounting) Job at Buckingham Search, Northbrook, IL

RTFRcUFkTXV1K01oazVKUEY3Vk02ZHR5bHc9PQ==
  • Buckingham Search
  • Northbrook, IL

Job Description

Job Summary

The Staff Accountant will support the accounting functions for our portfolio of apartment communities, Real Estate Funds and Corporate entities, playing an essential role in the daily, monthly, and annual accounting activities. This position requires a strong attention to detail and the ability to collaborate with internal teams and external stakeholders. The ideal candidate will have a solid understanding of real estate accounting, financial reporting, and cash management processes.

Reports to: Controller

Primary Duties
  • Assist in the daily, monthly, and annual accounting activities for a portfolio of properties, including preparation of financial statements, balance sheet account reconciliations, general ledger classifications, cash distributions, and property-level performance returns.
  • Coordinate with controller and execute cash transactions such as capital calls, investor distributions, and property acquisitions/sales. Ensure accurate recording of journal entries in accounting software.
  • Support the preparation and posting of journal entries, ensuring accuracy and compliance with accounting standards.
  • Assist in the coordination and execution of quarterly and annual reporting processes.
  • Prepare monthly financial packages, including analysis and reporting for properties and corporate entities.
  • Respond to investor inquiries and assist with preparing various investor-level reports, including quarterly reports, annual budgets, and performance analyses.
  • Prepare monthly bank reconciliations for property, corporate and fund accounts.
  • Collaborate with the Investor Relations Manager to track and update changes in investor information and ensure these are reflected in transactions.
  • Play a role in external audits, preparing supporting documentation as required for audit reviews.
  • Maintain and update accounting policy and procedure manuals, assisting with internal control improvements and other related matters.
  • Assist in reviewing and recording monthly management fees, credit card spending, and interest payments on lines of credit and intercompany loans.
  • Interact with other accountants, on-site property personnel, and corporate office personnel to address day-to-day matters and project coordination.
  • Assist with acquisition and disposition transactions, including reviewing financial documentation and assisting with Yardi system setups.
  • Take the initiative in identifying and reporting potential accounting issues, and work with the team to provide solutions.
  • Assist with special projects as assigned, contributing to process improvements and best practices.
Essential Qualifications
  • Education: Bachelor’s degree in accounting or a related field.
  • Experience: Minimum of 2-5 years in real estate accounting.
  • Skills: Strong analytical skills, critical thinking, and decision-making abilities. Strong time management skills and ability to multi-task. Excellent oral and written communication skills. Advanced proficiency in Microsoft Excel. Familiarity with Yardi preferred, but not required.
  • Personal Traits: Solution-oriented. Respect for others with the ability to be sensitive to the needs of fellow employees and residents we serve. Ability to build relationships and work collaboratively and effectively with diverse groups both internally and externally. Show a commitment to communication, integrity, teamwork, respect, accountability, adaptability, passion, innovation, excellence, quality, and service.
  • Additional Requirements: Minimal travel with the ability to attend conferences and visit properties a few times each year. Commitment to organizational goals and adherence to company policies as outlined in the Employee Handbook.
Location
  • This position will be based out of the corporate office in Northbrook, IL and is a hybrid position requiring in-office days on Tuesdays, Wednesdays and Thursdays. Additional in-office days may be required occasionally.

Job Tags

Similar Jobs

NSS Exteriors

Foreman/Skylight Sheet Metal Siding Installer Job at NSS Exteriors

 ...Foreman:Skylight/Architect. Sheet Metal-Sider/Roof/Carpentry Exp a Must Are you looking for a career where you can make a good living and have regular hours? Do you like working with your hands? Come work as an Architectural Sheet Metal, Siding, and Skylight Installer... 

Away From Home Travels 2

Virtual Cruise Reservationist - Work From Home Job at Away From Home Travels 2

 ...Position Overview: Virtual Cruise Reservationist - Work From Home We're seeking a Virtual Cruise Reservationist to join our dynamic travel agency, dedicated to crafting unforgettable travel experiences. As an Online Cruise Reservationist, you'll be essential in helping... 

HONOR(R)

Field Sales Trainer Job at HONOR(R)

 ...is a must Minimum 2 Years experience in the smartphone industry field Minimum 2 Years as a field trainer Fluent in English and Hindi is must Experience in a sales position is a plus Must show capability of presentation Must have basic to advanced level in... 

Eminence

Customer Service Representative Job at Eminence

 ...brings the world of work home by providing superior customer service to Fortune 500 companies via a virtual call center setting. We are currently recruiting...  ...efficiently Experience as a customer service representative or sales representative or related industry... 

The Legal Aid Society

HRIS Analyst Job at The Legal Aid Society

HRIS Analyst #24-242 New York, New York Deadline is 3:00 PM EST for Date Listed 2024-11-26T Job Description Under the direction...  ...SPHR) are a plus Proficiency with HRIS software (e.g., ADP, Workday, BambooHR) Proficiency with data visualization tools (e.g.,...