Property Accounting Manager
Oak Brook, IL, United States
The Property Accounting Manager will be responsible for supporting the Accounting Department with all accounting functions including but not limited to accounts payable, accounts receivable, general ledger, and general accounting. The Accounting Manager will also be responsible for assisting with month-end close process and assisting with month-end reconciliation.
Responsibilities
The Accounting Manager is responsible for 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
We are looking for an entrepreneurial-minded person who enjoys building relationships with their team and with customers
Bachelor's degree (BA/BS) from a four-year college or university
In lieu of a BA/BS degree, must have six or more years related experience
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
Experience with MS Office software (Excel) and Real Estate accounting software (Yardi)
We are a drug-free workplace. Pre-employment background checks and drug screening is performed on all new hires, in accordance with applicable laws and regulations. To the extent permitted by applicable laws and regulations, the Company treats marijuana as an illegal substance, and applicants may be denied employment if a new hire tests positive for marijuana.
We are an Equal Opportunity Employer. We consider applicants for all positions without regard to race, color, religion, sex, national origin, age, sexual orientation, familial, marital or veteran status, disability, or any other legally protected classes.
We are an E-Verify employer. Please click the following link to learn more.
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