Property Accountant in Chicago, IL

Property Accountant Job Description

Property accountants should have experience in accounting and property management, with strong proficiency in Microsoft Office programs (particularly Excel) and property-management software and applications. Companies look for candidates who can manage the full monthly accounting cycle and have proven problem-solving abilities. They must also be detail-oriented and organized with a track record of meeting deadlines. A bachelor’s degree in accounting, finance or a related field is required.

Typical property accountant duties:

Preparing complex journal entries and account reconciliations

Preparing monthly balance sheet and income statement analyses for management reporting

Assisting in the month-, quarter- and year-end closing processes

Assisting in the implementation, maintenance and adherence to internal controls under Sarbanes-Oxley and accounting procedures to ensure compliance with GAAP

Maintaining capital lease and monthly payment schedules

Maintaining fixed-asset ledger, depreciation and reconciliation

Analyzing and coordinating a variety of financial data and reporting it in a clear, useful manner

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Yardi Software

Microsoft Excel

Spreadsheets

Accounting Software Systems

QuickBooks

Property Accounting

Property

Tenant

Accounting Functions

Review

Salary for Property Accountant in Chicago, IL

82770 - 114080

25th percentile

82770

New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties

50th percentile

94860

Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role

75th percentile

114080

Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Chief Financial Officer (CFO) – Corporate Accounting

218860

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372930

Vice President of Finance

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137640

198710

261330

Divisional Controller

133610

191270

215760

Assistant Controller

100750

147560

171740

Director of Finance

150970

204600

221340

Director of Accounting

146320

199020

218860

Treasurer

163370

259780

299150

Assistant Treasurer

95170

128960

150040

Director of Financial Reporting

151900

190960

219480

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131440

167090

202740

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103230

128650

148490

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126480

145390

158100

Procurement Manager

98580

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150970

Procurement Specialist

55800

71300

86800

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