What are the responsibilities and job description for the Property Management Accounting Manager position at illi Commercial Real Estate?
About illi Commercial Real Estate
illi Commercial Real Estate is a premier property management and real estate services firm specializing in commercial properties. We provide comprehensive management solutions that enhance property value and tenant satisfaction.
About the Role
illi is seeking a Property Management Accounting Manager to lead the accounting operations for our managed commercial real estate portfolio. This individual will oversee and mentor a team of Property Accountants and manage A/P and A/R processes to ensure the accuracy, timeliness, and integrity of financial reporting. The ideal candidate will bring strong property management accounting experience, exceptional leadership abilities, and a commitment to continuous improvement. This role is critical to supporting operational teams and delivering financial transparency to our clients and stakeholders.
Responsibilities
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Oversee monthly, quarterly, and annual financial reporting for all managed properties
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Review and approve invoices, owner distributions, tenant billings, CAM reconciliations, and budgets
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Ensure accurate coding, approvals, and processing of A/P & A/R transactions
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Partner with Property Management leadership on budget planning, variance analysis, and forecasting
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Ensure compliance and identify opportunities to improve internal controls and accounting policies
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Support onboarding and accounting transitions for new property acquisitions or dispositions
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Collaborate with external auditors or client representatives during audits, maintain audit-ready schedules and documentation
Qualifications
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Bachelor’s degree in Accounting, Finance, or related field
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Minimum of 5 years of commercial property accounting experience, including team supervision
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Proficiency in GAAP and lease accounting practices specific to real estate
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Expertise with accounting platforms such as Yardi, Appfolio (preferred), Google Sheets, and Excel
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Strong analytical, communication, and leadership skills
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In-depth knowledge of lease structures and CAM reconciliation processes
All final candidates will be required to complete a bookkeeping proficiency assessment to evaluate technical accuracy and financial acumen.
Salary : $80,000 - $90,000
