Property Accounting Manager

Logistics Property Company, LLC

• $110K — $135K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting or Finance
  • 5+ years of professional accounting experience
  • 2+ years in a managerial role
  • Deep familiarity with GAAP
  • Experience with Yardi Voyager preferred
  • Strong Excel skills, including complex formulas

Responsibilities

  • Serve as main contact with Baker Tilly for stabilized property accounting
  • Review property workpapers and financials for accuracy
  • Coordinate and upload business plan budgets into Yardi Voyager
  • Review lease agreements for accurate information entry
  • Oversee quarterly/annual common area expense reconciliations
  • Liaise with Asset Management on tenant and property manager needs
  • Prepare debt refinancing analysis as required
  • Collaborate with Capital Markets team for lender reporting

Benefits

  • In-office work schedule Monday through Thursday
  • Opportunity for professional development
  • Engagement with external accounting consultants
  • Exposure to diverse real estate asset types
  • Potential to influence process improvements within the team
Full Job Description
Description

Property Accounting Manager

About the Role

Reporting to the Controller, the Property Accounting Manager will oversee accurate financial reporting and effective financial management across a portfolio of industrial real estate assets, including stabilized properties and projects in the development/construction stages. While this role will not have direct reports, it will manage relationships with external accounting consultants and provide detailed review and oversight of their work. This role requires strong communication, strong accounting expertise, and the ability to drive process improvements.

This position is based in our Chicago Loop office, with an in-office schedule Monday through Thursday.
Responsibilities

Specific responsibilities will include but are not limited to:
  • Main contact for Baker Tilly, who is responsible for the accounting of stabilized properties.
  • Reviews property workpapers and related financials prepared by either Logistics Property Company staff or Baker Tilly; communicating necessary adjustments, monthly updates, and/or process changes/improvements.
  • Responsible for coordination of uploading business plan budgets into Yardi Voyager and monitoring monthly variance reports.
  • Reviews lease agreements and ensures applicable information is accurately uploaded into Yardi Voyager (i.e., lease terms, CAM pools, etc.)
  • Reviews quarterly/annual common area expense reconciliations
  • Primary liaison with Asset Management team to assist with needs related to new tenants and 3rd party property managers
  • Prepares and distributes debt refinancing analysis on an as needed basis
  • Responsible for lender reporting in collaboration with Capital Markets team
About You

The ideal candidate:
  • Bachelor's degree in Accounting or Finance, with at least 5 years of professional work experience in accounting, and at least 2 years of managerial experience
  • Highly developed interpersonal, written, and verbal communication skills.
  • Motivation to develop and mentor junior employees.
  • Interest in driving process improvements and efficiency within the group.
  • Approaches cross-departmental relationships with a customer service mentality and works well with associates of all levels.
  • Deep familiarity with GAAP
  • Acute attention to detail.
  • Works well independently and as a member of various teams.
  • Manages multiple projects and meets goals and deadlines timely and consistently.
  • Requires minimal guidance to accomplish general tasks.
  • Versatile, flexible, and thrives in an environment where there are constantly changing priorities.
  • Commitment to excellence and high standards.
  • Experience with Yardi Voyager preferred.
  • Strong familiarity and use of Excel, including complex Excel formulas.
Compensation

This role offers a competitive base salary ranging from $110,000 - $135,000 annually plus bonus, reflecting the company's good faith estimate based on market data and internal equity.

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