Accountant (Property Accounting)
Company: Buckingham Search
Location: Northbrook
Posted on: April 2, 2026
|
|
|
Job Description:
Job Summary The Staff Accountant will support the accounting
functions for our portfolio of apartment communities, Real Estate
Funds and Corporate entities, playing an essential role in the
daily, monthly, and annual accounting activities. This position
requires a strong attention to detail and the ability to
collaborate with internal teams and external stakeholders. The
ideal candidate will have a solid understanding of real estate
accounting, financial reporting, and cash management processes.
Reports to: Controller Primary Duties Assist in the daily, monthly,
and annual accounting activities for a portfolio of properties,
including preparation of financial statements, balance sheet
account reconciliations, general ledger classifications, cash
distributions, and property-level performance returns. Coordinate
with controller and execute cash transactions such as capital
calls, investor distributions, and property acquisitions/sales.
Ensure accurate recording of journal entries in accounting
software. Support the preparation and posting of journal entries,
ensuring accuracy and compliance with accounting standards. Assist
in the coordination and execution of quarterly and annual reporting
processes. Prepare monthly financial packages, including analysis
and reporting for properties and corporate entities. Respond to
investor inquiries and assist with preparing various investor-level
reports, including quarterly reports, annual budgets, and
performance analyses. Prepare monthly bank reconciliations for
property, corporate and fund accounts. Collaborate with the
Investor Relations Manager to track and update changes in investor
information and ensure these are reflected in transactions. Play a
role in external audits, preparing supporting documentation as
required for audit reviews. Maintain and update accounting policy
and procedure manuals, assisting with internal control improvements
and other related matters. Assist in reviewing and recording
monthly management fees, credit card spending, and interest
payments on lines of credit and intercompany loans. Interact with
other accountants, on-site property personnel, and corporate office
personnel to address day-to-day matters and project coordination.
Assist with acquisition and disposition transactions, including
reviewing financial documentation and assisting with Yardi system
setups. Take the initiative in identifying and reporting potential
accounting issues, and work with the team to provide solutions.
Assist with special projects as assigned, contributing to process
improvements and best practices. Essential Qualifications
Education: Bachelor’s degree in accounting or a related field.
Experience: Minimum of 2-5 years in real estate accounting. Skills:
Strong analytical skills, critical thinking, and decision-making
abilities. Strong time management skills and ability to multi-task.
Excellent oral and written communication skills. Advanced
proficiency in Microsoft Excel. Familiarity with Yardi preferred,
but not required. Personal Traits: Solution-oriented. Respect for
others with the ability to be sensitive to the needs of fellow
employees and residents we serve. Ability to build relationships
and work collaboratively and effectively with diverse groups both
internally and externally. Show a commitment to communication,
integrity, teamwork, respect, accountability, adaptability,
passion, innovation, excellence, quality, and service. Additional
Requirements: Minimal travel with the ability to attend conferences
and visit properties a few times each year. Commitment to
organizational goals and adherence to company policies as outlined
in the Employee Handbook. Location This position will be based out
of the corporate office in Northbrook, IL and is a hybrid position
requiring in-office days on Tuesdays, Wednesdays and Thursdays.
Additional in-office days may be required occasionally.
Keywords: Buckingham Search, Buffalo Grove , Accountant (Property Accounting), Accounting, Auditing , Northbrook, Illinois