Logo
The Inland Real Estate Group of Companies

The Inland Real Estate Group of Companies is hiring: Property Accounting Manager

The Inland Real Estate Group of Companies, Oak Brook, IL, US


The Property Accounting Manager plays a key role in supporting the Accounting Department with various accounting functions, including accounts payable, accounts receivable, general ledger maintenance, and general accounting duties. This position is also responsible for contributing to the month-end close process and performing month-end reconciliations. Prior experience in property accounting and proficiency with Yardi software are required for success in this role. After completing training, this position transitions to a hybrid work schedule with three days in office. 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). J-18808-Ljbffr