Property Accountant

Westford Group - Rosemont, IL


Property Accountant

Company Overview: Large property management company located near O’Hare.

Position Overview: The Property Accountant will apply principles of accounting to analyze financial information and prepare financial reports by compiling information, preparing profit and loss statements and utilizing appropriate accounting control procedures.


  • Accountable for the monthly reporting of up to 7 properties
  • Apply GAAP accounting standards to analyze financial information and prepare financial reports
  • Compile and analyze financial information to prepare entries to the general ledger documenting monthly transactions
  • Produce financial reports supporting assets, liabilities and capital, including balance sheets, P & L statements, cash flows and distribution analyses
  • Review A/P documentation for accuracy and compliance with budgets and policies
  • Collaborate with A/P staff to produce and identify weekly A/P disbursements
  • Monitor and document daily cash activity; prepare and submit Daily Cash Report
  • Reconcile bank statements
  • Reconcile all balance sheet accounts; prepare quarterly work papers
  • Prepare monthly sales and use tax returns for city, county and state
  • Monitor and review accounting and related system reports for accuracy and completeness. Review data provided by individual properties, such as A/P
  • Manage and support external auditors in completing annual audits
  • Assist in the preparation of annual budgets and periodic reforecasting
  • Establish and assign capital projects in job costing module, e.g., subsequent processing of disbursements
  • Participate on Application Team to assist in accounting system enhancements and report development


  • Bachelor’s degree in accounting or finance, required
  • CPA or MBA, a plus
  • 0 to 1 year experience in general accounting, required
  • Hospitality or Real Estate experience, a plus
  • General knowledge of financial and accounting software applications
  • Keen ability to analyze financial data and prepare financial reports
  • Self starter; ability to take initiative

Job Type: Full-time

Salary: $55,000.00 /year


  • Accounting: 1 year (Preferred)
  • Property Accounting: 1 year (Preferred)


  • Bachelor's (Required)