What are the responsibilities and job description for the Portfolio Accountant position at Phaxis - Financial Services?
Role: Portfolio Accountant (Real Estate/Asset Management)
Location: Chicago, IL (in The Loop)
Schedule: HYBRID - 3 days/week on-site
Type: Direct Hire/Permanent Placement
Starting Salary: $75,000 - $90,000 (depending on experience, certifications, etc.)
A growing real estate investment client of Phaxis is seeking an experienced Portfolio Accountant to oversee financial reporting, portfolio accounting, and performance analysis for a diversified real estate investment portfolio. This individual will partner with internal stakeholders to ensure accurate reporting, support strategic initiatives, and drive process improvements.
Primary Responsibilities:
- Manage accounting activities related to monthly, quarterly, and annual reporting cycles
- Analyze portfolio and property-level financial results to ensure accuracy and completeness
- Prepare account reconciliations, journal entries, and supporting schedules
- Support investment transactions, capital activity, and cash movement processes
- Assist with audit, tax, and investor reporting requirements
- Produce financial and operational reporting for management and external stakeholders
- Monitor portfolio performance and provide meaningful financial insights
- Improve accounting workflows, controls, and reporting processes
- Participate in cross-functional projects and operational initiatives
Qualifications:
- Bachelor's degree in Accounting, Finance, or related field.
- 1-3 years of accounting experience, preferably within real estate, investments, or asset management
- CPA designation or progress toward certification is highly preferred
- Strong knowledge of financial reporting and accounting standards
- Advanced Excel and financial analysis skills
- Excellent attention to detail, organization, and problem-solving abilities
- Strong communication skills with the ability to work across multiple teams
Salary : $75,000 - $90,000