Jones Lang LaSalle Incorporated

Senior Property Accountant

Jones Lang LaSalle Incorporated$90K — $115K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, or related field
  • 4-6 years of accounting experience, with at least 2 years in commercial real estate or property management accounting
  • Strong understanding of GAAP as it relates to real estate operations
  • Advanced proficiency in property management accounting software (Yardi, MRI, or similar) and Microsoft Excel
  • Experience with CAM reconciliations, tenant billing, and lease administration from an accounting viewpoint
  • Excellent analytical skills to interpret financial data for non-financial stakeholders
  • Strong attention to detail and accuracy in a deadline-driven environment
  • Effective organizational skills to manage multiple properties and priorities.

Responsibilities

  • Manage full-cycle accounting for commercial properties, including accounts payable and receivable, general ledger, and monthly close procedures
  • Prepare timely financial statements and reports in accordance with GAAP and client requirements
  • Oversee tenant billing processes, including CAM reconciliations and lease abstract reviews
  • Analyze budget variances, identify trends and provide recommendations to stakeholders
  • Coordinate annual operating budget preparation and forecasting processes
  • Review vendor invoices, resolve discrepancies, and ensure lease compliance
  • Conduct regular balance sheet reconciliations and maintain clean financial records
  • Serve as primary financial contact for property managers and clients, providing guidance on policies

Benefits

  • 401(k) plan with matching company contributions
  • Comprehensive Medical, Dental & Vision Care
  • Paid parental leave at 100% salary
  • Paid Time Off and Company Holidays
  • Early access to earned wages through Daily Pay
Full Job Description
Senior Property Accountant

Location: Chicago, IL (5 days on-site)

What this job involves:

As a Senior Property Accountant within our Property Management team, you'll play a vital role in maintaining the financial health and accuracy of our diverse real estate portfolio. This position combines technical accounting expertise with strategic financial oversight, ensuring our properties operate with complete fiscal transparency and efficiency. You'll manage comprehensive accounting operations for assigned properties, from daily transaction processing to complex financial reporting and analysis. Working closely with property managers, clients, and internal stakeholders, you'll serve as a trusted financial advisor who transforms data into actionable insights. At JLL, we are collectively shaping a brighter way - for our clients, ourselves and our fellow employees, and in this role, your meticulous attention to detail and proactive problem-solving will directly contribute to our clients' success. We embrace more innovative ways of working, and you'll have the opportunity to streamline processes, implement best practices, and leverage technology to enhance financial operations across your portfolio.

What your day-to-day will look like:
  • Manage full-cycle accounting for an assigned portfolio of commercial properties, including accounts payable, accounts receivable, general ledger maintenance, and monthly close procedures
  • Prepare accurate and timely monthly, quarterly, and annual financial statements and reports for property owners and stakeholders in accordance with GAAP and client-specific requirements
  • Oversee tenant billing processes, including CAM reconciliations, lease abstract reviews, and recovery calculations to ensure proper revenue recognition
  • Analyze budget variances, identify trends, and provide detailed explanations and recommendations to property managers and clients to support informed decision-making
  • Coordinate and manage annual operating budget preparation and periodic forecasting processes in collaboration with property management teams
  • Review and process vendor invoices, resolve discrepancies, and maintain strong vendor relationships while ensuring compliance with lease terms and management agreements
  • Conduct regular balance sheet account reconciliations and resolve outstanding items to maintain clean, audit-ready financial records
  • Serve as the primary financial point of contact for property managers, responding to inquiries and providing guidance on accounting policies and procedures
  • Support year-end audit processes by preparing schedules, gathering documentation, and liaising with external auditors

Required qualifications:
  • Bachelor's degree in Accounting, Finance, or related field
  • Minimum of 4-6 years of accounting experience, with at least 2 years in commercial real estate or property management accounting
  • Strong understanding of Generally Accepted Accounting Principles (GAAP) and their application to real estate operations
  • Advanced proficiency in property management accounting software (Yardi, MRI, or similar platforms) and Microsoft Excel
  • Demonstrated experience with CAM reconciliations, tenant billing, and lease administration from an accounting perspective
  • Excellent analytical skills with proven ability to interpret financial data and communicate insights clearly to non-financial stakeholders
  • Strong attention to detail and commitment to accuracy in a fast-paced, deadline-driven environment
  • Effective organizational and time management skills with ability to manage multiple properties and competing priorities simultaneously

Preferred qualifications:
  • CPA certification or active pursuit of CPA licensure
  • Experience with Yardi Voyager or other enterprise-level property management systems
  • Knowledge of real estate lease structures, including gross, modified gross, NNN, and percentage leases
  • Previous experience supporting property acquisitions, dispositions, or refinancing transactions
  • Familiarity with ARGUS Enterprise or similar cash flow modeling software
  • Experience working in a client service environment within corporate real estate or professional services


This position does not provide visa sponsorship. Candidates must be authorized to work in the United States without sponsorship.

Expected compensation for this position:

90,000.00 - 115,000.00 USD per year

Final compensation packages are determined by various considerations including but not limited to candidate qualifications, location, market conditions, and internal considerations.

Location:

On-site -Chicago, IL

If this job description resonates with you, we encourage you to apply, even if you don't meet all the requirements. We're interested in getting to know you and what you bring to the table!

Personalized benefits that support personal well-being and growth:

JLL recognizes the impact that the workplace can have on your wellness, so we offer a supportive culture and comprehensive benefits package that prioritizes mental, physical and emotional health. Some of these benefits include:
  • 401(k) plan with matching company contributions
  • Comprehensive Medical, Dental & Vision Care
  • Paid parental leave at 100% of salary
  • Paid Time Off and Company Holidays
  • Early access to earned wages through Daily Pay

About Jones Lang LaSalle Incorporated

Jones Lang LaSalle is a financial and professional services firm that specializes in commercial real estate services and investment management. Its services include: tenant representation for organizations that lease office, industrial and retail spaces; consulting, which supports companies to develop workplace strategies such as occupancy planning, relocations, and energy and environmental sustainability initiatives; project and development services to manage ground-up creation, building construction, and major interior renovations; capital markets and real estate investment banking, which helps organizations buy and sell properties, and improve the financial impact of their real estate; facilities management for a variety of properties including office towers, retail and exhibition centers, and government, collegiate and industrial complexes; property management services, that provide on-site administration to help owners of office, industrial, retail and specialty properties reduce costs and enhance their property values; and valuations that provide impartial assessments of real estate worth through more than 200 corporate offices in 70 countries. Jones Lang LaSalle was formed by the merger of Jones Lang Wootton, a British firm with origins dating back to 1783, and LaSalle Partners, an American company formed from a predecessor launched in 1968. Jones Lang Wootton opened its first US office in New York in 1975. In 1997, the initial public offering was completed by LaSalle Partners for the company's common stock in the market.

Jones Lang LaSalle Incorporated Careers

Join the dynamic team at Jones Lang LaSalle Incorporated (JLL), a global leader in real estate services, where your career journey is just as important as the professional milestones you aim to achieve. At JLL, we offer more than just job opportunities; we provide a platform for growth, innovation, and leadership in an industry that shapes the world around us.

Work You’ll Do

At JLL, you will be part of a culture that prizes diversity, teamwork, and forward-thinking. Whether you are looking for a full-time position or an internship, JLL offers a variety of roles that cater to your professional skills and personal development goals. Our team is composed of the brightest minds in real estate, providing you with unparalleled mentorship and networking opportunities that foster career advancement.

Innovate and Lead

Embrace the opportunity to lead projects that redefine the real estate landscape, leveraging JLL’s global scale and deep industry expertise. Our commitment to innovation is evident in every strategy we implement and every building we manage. By joining our team, you will collaborate with professionals who are eager to share their knowledge and push the boundaries of what is possible in real estate.

Professional Growth and Development

JLL is dedicated to the professional growth of its employees. We offer robust training programs, including leadership development and diversity training, to ensure you are equipped for success. Our benefits extend beyond the basics, encompassing health, wellness, and financial planning to support you and your family at all stages of life.

Explore Job Opportunities

JLL is continuously expanding, and we are hiring across multiple disciplines. Explore positions that match your skills and interests in areas such as property management, sustainability, financial analysis, and more. We look for driven, curious, and innovative team players who are ready to make an impact.

Internship Programs

Kickstart your career with a JLL internship. Gain hands-on experience, build your resume, and make invaluable industry connections. Our internships provide a deep dive into the real estate sector, allowing you to apply academic learning to real-world challenges.

Join Our Team

Ready to advance your career at Jones Lang LaSalle Incorporated? Search open positions, read about our employment benefits, and prepare your resume. The interview process at JLL not only assesses your fit for the company but also ensures our culture aligns with your career aspirations.

Stay Connected

Keep up to date with the latest from JLL Careers by subscribing to our job alert emails. Receive personalized updates that align with your career preferences and learn about new opportunities in real-time.

Networking and Industry Leadership

At JLL, networking doesn’t end with your hire date. Continue to connect with leaders and peers through our various professional networks and community engagement initiatives. Lead the way in industry discussions, participate in global conferences, and contribute to innovative solutions that drive the future of real estate. At Jones Lang LaSalle Incorporated, we don’t just offer jobs—we offer careers that make a difference. Join us in shaping the future of real estate, one innovation at a time.
Learn more about Jones Lang LaSalle Incorporated
Size
98,000 employees
Market Cap
$7.4 billion
Industry
Net Income
$402.5 million
Founded
1783
5 Year Trend
+8.3%
Revenue
$16.5 billion
NASDAQ

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