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Property Accountant

CFS, Gurnee, IL, United States

Duration: Full Time




Property Accountant




Our client is a well‑established real estate organization with over 30 years of proven success. As the company continues to expand its portfolio, they are seeking a Property Accountant to join their growing accounting team. They are looking for someone with strong real estate accounting experience who can support a dynamic environment and contribute to continued organizational growth.




Why Work Here as a Property Accountant?



  • Over 30 years of industry presence and consistent growth

  • Great work‑life balance

  • Casual, friendly, team‑oriented culture




Responsibilities of the Property Accountant



  • Prepare monthly journal entries

  • Reconcile bank accounts, escrows, and reserve accounts

  • Maintain supporting workpapers for key balance sheet accounts (prepaids, accruals, mortgage payable, interest payable, real estate tax payable, tenant AR/AP, etc.)

  • Reconcile capital activity for properties

  • Prepare journal entries related to acquisitions, dispositions, and financing activity

  • Analyze tenant allowances, lease commissions, and other capital items for accurate classification

  • Provide consolidated financial and operating reporting support for the multifamily portfolio

  • Process owner distributions and lender draws

  • Assist with tax return preparation and provide supporting documentation

  • Work with external auditors for year‑end audits and tax filings

  • Assist with preparation and review of annual property budgets

  • Participate in special projects and prepare ad hoc reporting

  • Support tenant reconciliations and annual CAM/tax estimates




Experience & Qualifications



  • 1+ years of accounting experience

  • Real estate accounting experience required

  • Bachelor’s degree in Accounting or related field