Senior Accounting Associate I

Overview

This Senior Accounting Associate role provides essential accounting support for a portfolio of retail properties. The position combines technical accounting work with client service to ensure accurate financial reporting, effective cash management, and coordinated accounting operations.

Responsibilities

• Prepare monthly financial reports, journal entries, financial statements, and bank reconciliations in accordance with client requirements and standards
• Manage accounts receivable processes, including monitoring bank accounts, reconciling receipts, ensuring timely posting of ACH/Wire payments, and reviewing manual billing adjustments
• Oversee accounts payable processes, including invoice coding/approval reviews, audit trail verification, and submission of AP batches for check processing
• Review CAM (Common Area Maintenance) lease language and ensure proper setup of CAM pools to support accurate cost recovery
• Supervise cash management procedures and coordinate payroll reporting processes across properties
• Support annual budget preparation, including recovery setup and calculations, and conduct year-end reconciliations for CAM, percentage rent, insurance, utilities, and real estate taxes
• Calculate and file sales tax as required by property location; assist with property audits and complete ad-hoc projects as business needs arise

Required Qualifications

• Bachelor’s degree (B.S. or B.A.) in Accounting or similar field
• 2–4 years of accounting experience
• Proficiency in Microsoft Office products, with strong Excel skills
• Demonstrated ability to prepare financial statements, journal entries, and reconciliations
• Understanding of accounts receivable and accounts payable processes in a property management context
• Ability to work effectively in varying environments and manage multiple activities simultaneously
• Strong customer focus with the ability to establish and maintain effective client relationships

Preferred Qualifications

• 2–4 years of real estate accounting experience
• Experience with Yardi accounting software
• Knowledge of CAM reconciliations and cost recovery structures in retail real estate
• Familiarity with sales tax calculation and filing requirements
• Experience supporting annual budgets and year-end audit processes
• Ability to quickly grasp new problems and adapt to changing priorities
• Results-driven mindset with a track record of exceeding goals
• Demonstrated ability to handle ambiguity and make sound decisions without complete information

Location

Westmont, IL