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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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