Real Estate Senior Accountant Job at Robert Half, Chicago, IL

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  • Robert Half
  • Chicago, IL

Job Description

Job Description

Job Description

The salary for this position is $115,000 plus bonus, and it comes with benefits, including medical, vision, dental, life, and disability insurance. To apply to this Real Estate Senior Accountant hybrid role please send your resume to john.sadofsky@roberthalf.c0m

You know what’s awesome? Sweater Weather. You know what else is awesome? A high-paying job that respects your work-life balance so you can enjoy your pumpkin spice season. This role has perks that are unmatched by its competitors. Plus, this position doubles as a fast-track career advancement opportunity as they prefer to promote from within. 

Primary Responsibilities:

  • Responsible for the day-to-day accounting function for the company’s properties which are under construction, including:
  • Prepare journal entries and monthly cash account reconciliations. 
  • Reconcile construction draws to the general ledger. 
  • Compile financial statements for various reporting entities in connection with month and quarter-end close and year-end tax workpaper process.
  • Assist with preparation and processing of construction draws.
  • Track and coordinate post-construction close-out funding from lenders for operating expenses and tenant improvements.
  • Review monthly financial statements and reporting packages provided by third-party property managers for the company’s Industrial’s operating properties in connection with the month and quarter-end close to ensure compliance with reporting standards and relevant accounting principles.
  • Prepare budget vs. actual variance reports. 
  • Provide follow-up and documentation of significant variances and utilize results to update and maintain monthly and quarterly investment summaries and performance tracking schedules.
  • Review and approve monthly property-level distribution calculations provided by third-party property managers. Evaluate cash sources and uses and make recommendations regarding investment level cash management strategy for the industrial portfolio.
  • Prepare capital call and distribution notices which adhere to applicable operating agreement requirements related to timing, waterfall provisions, etc.
  • Evaluate and record accounting entries for significant transactions, including property acquisitions and dispositions, loan refinancings, and purchase price/placed-in-service allocations.
  • Provide transactional support, including participation in weekly closing checklist calls, follow-up on due diligence related deliverables and review of settlement statements.
  • Prepare quarterly asset management fee calculations and invoices.
  • Participate in the property-level annual budgeting process.
  • Prepare debt compliance materials and facilitate timely submission to lenders. 

Qualifications and Experience:

  • Bachelor’s degree in accounting.
  • At least 3-5 years of accounting experience, real estate industry a plus
  • Strong accounting and analytical skills.
  • Experience with major accounting software packages for general ledger accounting. Yardi familiarity a plus.

 

To apply to this Real Estate Senior Accountant hybrid role please send your resume to john.sadofsky@roberthalf.c0m

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