JOB TITLE: PROPERTY MANAGEMENT STAFF ACCOUNTANT

DIVISION: FINANCE

WORK CENTER: 411 W. MADISON STREET, MAYWOOD, IL 60153

ORGANIZATIONAL RELATIONSHIPS: REPORTS TO CONTROLLER

FULL-TIME: 40 HOUR PER WEEK (8:00 AM TO 4:30 PM)

Summary

The Property Management Staff Accountant is responsible for accounting functions related

to the daily operation of residential properties and other real estate as assigned. The

position has daily interactions with property managers, vendors, and property owner

representatives.

Essential Duties and Responsibilities:

 Proficient with property management software. Preferably, Property Matrix. (minimum 3

years’ experience) Quick Books or other fund accounting software. Proficient Microsoft

Office software.

 Run/print vendor checks on a determined frequency.

 Prepare all journal entries and process all accounts receivable for cash receipts. Monitor

and reconcile all accounts and analyze all operating expenses. Assists in preparations of

annual budget, revisions for rental income and support monitoring operation expenses.

 Prepare all monthly, quarterly, and year-end financial statements. Analyze all rent

schedules, record all financial statements, and prepare all reports for site level analysis.

Provide support to all accounting schedules and maintain the same. See property

management system for various reports.

 Coordinate with the property management and evaluate monthly reports. Monitor lease

processes, evaluate all activities and prepare required reports. Ensure accuracy of tenant

ledgers.

 Coordinate with the property management to ensure compliance with

regulatory/procedures. Evaluate and assist property manager in preparation of annual

budget and review all expense ledgers and assist in recovery reconciliations.

 Manage communication with property management and monitor bills of tenants and

ensure appropriate coding. Prepare and update all general ledgers. Prepare financial

packages for all portfolios and assist reconciliations of all balance sheets and income

statement Accounts.

 Supervise all accounting information and prepare all monthly financial statements.

Reconcile all bank data, prepare all property associated reports and assist with all

property funds.

 Coordinate with various teams to evaluate accounts payable. Coordinate with

organizations to ensure compliance with all loan documents and maintain records of all

accounts receivable.

 Analyze all property level balance sheets and cash flow statements. Maintain integrity of

all data and ensure efficient processing of all customer and vendor invoices.

 Participate in various acquisitions processes with required timeframe and ensure

compliance to all internal control and company policies.

 Evaluate balance sheet accounts and property activities. Provide support interpreting

documents for loans and agreements. Ensure compliance with all requirements and

provide support to asset management.

 Filing of Reports and documents. Maintain organized filing system.

 Post rent payments received from residents/tenants. Issue rent statements to tenants

monthly.

 Interpersonal skills, excellent verbal, and written communication skills

 Ability to work with a culturally diverse population.

 Team player with the ability to adapt, be flexible and work in fast paced environment.

 Other duties as assigned.

Job Type: Full-time

Pay: $55,000.00 - $58,000.00 per year

Benefits:

• 403(b)
• Dental insurance
• Health insurance
• Life insurance
• Paid sick time
• Paid time off
• Vision insurance

Experience level:

• 3 years

Schedule:

• 8 hour shift
• Monday to Friday

Ability to Commute:

• Maywood, IL 60153 (Preferred)

Work Location: In person