Salary Mid-Point: $85,000
Location: Chicago IL
Job Type: Permanent
Responsibilities
- Responsible for the Residential Investment Reporting month-end, quarter-end and year-end close processes such as account reconciliations, prior period adjustments and monthly journal entries, bank reconciliations, etc.
- Reviews and analyzes accounting data and produces financial reports or statements such as P&L’s, Balance Sheets and forecasts at the individual asset level and the consolidated portfolio level for the residential assets
- Reviews portfolio annual budgets and individual property budgets
- Prepares and reviews variance reporting to assess property performance relative to budget or forecast
- Assists with the onboarding and wind down efforts of acquisitions, dispositions and change of operators
- Reviews all capex draw requests including lender draw packages as needed
- Serves as liaison with property operators
- Ensures all residential property invoices paid at the corporate level are processed and paid timely
- Assists in the enforcement of proper accounting methods, policies and principles
- Constructs reliable cash models to project an asset’s future performance
- Establishes and maintains fiscal files and records to document transactions
- Assists in the preparation and review results of annual audit findings
- Assists with documenting business processes and accounting policies to maintain and strengthen internal controls
- Interacts with internal staff, related company (such as Insurance, Tax and Treasury) and external service providers to complete assigned responsibilities
- Ensures that processes are compliant with GAAP principles
- Ensures processes and procedures being followed support the department’s goals according to guidelines and policies
- Assists other PC’s during Project initiatives on an as-needed basis
Requirements
- Bachelor’s Degree with a major in Finance, Accounting or closely related field
- Master's degree and/or CPA strongly preferred
- Minimum 2 years of experience in cost accounting, financial analysis and general accounting
- Extensive experience with accounting ERP systems and other accounting software