Job Description
Full job description
Senior Property Accountant
Chicago, IL
About
Hilco Global is the world’s preeminent authority on maximizing the value of assets for both healthy and distressed companies. We provide a comprehensive range of financial services that leverage a unique blend of deep restructuring and advisory experience in combination with capital solutions and principal investing through our merchant banking capabilities.
Hilco Global’s unrivaled track record has been hard-earned by serving as a trusted advisor, agent, investor and/or principal in transactions of all sizes and scopes for many of the world’s largest, most innovative and best-known companies. In each engagement, we work side-by-side with clients to deliver the best possible outcome by aligning interests and providing strategic insight, advice, and – increasingly – access to the capital required to complete the deal. Operating as a privately held, diversified financial services holding company, Hilco Global, its more than twenty highly specialized business units and 800+ professionals are positioned across five continents.
About HRP
HRP Group (HRP) is a vertically integrated real estate investment and redevelopment company that re-imagines, remediates, and redevelops obsolete industrial sites by taking a holistic approach to development that prioritizes economic, community and environmental sustainability. HRP's redevelopment expertise ranges from modern logistics and distribution facilities to innovation campuses and urban, mixed-use projects. HRP strives to transform not only properties but also the areas surrounding them through a comprehensive approach to community engagement, environmental sustainability, and economic development.
HRP is headquartered in Chicago with offices in Boston, Philadelphia, and Washington D.C. HRP’s team includes over 70 professionals specializing in acquisitions, development, architecture, engineering, environmental remediation, and corporate affairs.
To learn more about HRP, visit hrpgroup.com.
Overview
We are looking for a motivated Senior Property Accountant to assist on multiple initiatives at a fast-paced, growing company. This role reports to the Property Accounting Manager in Chicago.
Key Responsibilities
Property Accounting
Assist in preparing accurate monthly financial statements in accordance with GAAP for internal and external reporting
Provide documentation for external auditors and for internal tax accounting
Complete journal entries related to receipts, payments, and banking fees in connection with reconciling cash on a weekly basis
Complete month end journal entries including depreciation, amortization, placing assets into service, and accrual entries
Create and maintain reconciliations for all balance sheet accounts
Communicate with property managers for month end accounting requests
Assist in ad hoc financial requests
Development Accounting
Maintain development budgets for tenant improvement in partnership with the development team
Ensure all invoices are coded to contracts against the appropriate budgets in ERP system
Prepare monthly draws for lender approval
Review and track lien waivers for vendor invoices submitted to lenders
Lead monthly financial project reviews with the development team
Provide synchronized job cost reporting, draw schedules, and underlying financial reporting in accordance with GAAP using the ERP system
Qualifications
To succeed in this role, the candidate should have strong communication skills, excellent attention to detail, and great people skills
The ideal candidate has:
Time management skills and ability to multitask
Demonstrates strong personal effectiveness skills including integrity, trust, problem solving, and critical thinking
Proficient in Microsoft Excel and Word
Bachelor’s degree in Accounting, CPA preferred
3 years of experience
Preferred job experience:
Real Estate industry
Public accounting
ERP Software Yardi
In compliance with the New York & Illinois Pay Transparency Law, the base salary range for this role in Illinois is between $80,000.00 and $95,000.00. This salary range does not include discretionary bonus or other forms of compensation or benefits which are offered in connection with this job. Several factors are considered when determining a candidate’s compensation. Please note that the salary range listed for this position is based on the level of experience outlined in the job description. If a candidate's experience differs from the requirements, the salary may be adjusted accordingly.
Hilco Global is an equal opportunity employer. Qualified candidates will be considered on merits and without regard to race, religion, color, national origin, age (40 and older), ****** orientation, genetic information, marital status, gender, veteran, or disability status.
Hilco Global strives to comply with all applicable local/state regulations regarding displaying salary ranges. Any offered salary is determined based on relevant factors such as applicant's skills, job responsibilities, prior relevant experience, certain degrees and certifications and market considerations. In addition, Hilco Global is proud to offer a comprehensive, competitive benefits package, with options designed to help you make the best decisions for yourself, your family, and your lifestyle. Available benefits are based on eligibility. Our Total Rewards package includes a variety of medical and dental plans, vision coverage, disability and life insurance, 401(k) plans, and a robust suite of personal well-being benefits to support your mental health. https://hilcoglobal.com/careers-about/
Senior Property Accountant
Chicago, IL
About
Hilco Global is the world’s preeminent authority on maximizing the value of assets for both healthy and distressed companies. We provide a comprehensive range of financial services that leverage a unique blend of deep restructuring and advisory experience in combination with capital solutions and principal investing through our merchant banking capabilities.
Hilco Global’s unrivaled track record has been hard-earned by serving as a trusted advisor, agent, investor and/or principal in transactions of all sizes and scopes for many of the world’s largest, most innovative and best-known companies. In each engagement, we work side-by-side with clients to deliver the best possible outcome by aligning interests and providing strategic insight, advice, and – increasingly – access to the capital required to complete the deal. Operating as a privately held, diversified financial services holding company, Hilco Global, its more than twenty highly specialized business units and 800+ professionals are positioned across five continents.
About HRP
HRP Group (HRP) is a vertically integrated real estate investment and redevelopment company that re-imagines, remediates, and redevelops obsolete industrial sites by taking a holistic approach to development that prioritizes economic, community and environmental sustainability. HRP's redevelopment expertise ranges from modern logistics and distribution facilities to innovation campuses and urban, mixed-use projects. HRP strives to transform not only properties but also the areas surrounding them through a comprehensive approach to community engagement, environmental sustainability, and economic development.
HRP is headquartered in Chicago with offices in Boston, Philadelphia, and Washington D.C. HRP’s team includes over 70 professionals specializing in acquisitions, development, architecture, engineering, environmental remediation, and corporate affairs.
To learn more about HRP, visit hrpgroup.com.
Overview
We are looking for a motivated Senior Property Accountant to assist on multiple initiatives at a fast-paced, growing company. This role reports to the Property Accounting Manager in Chicago.
Key Responsibilities
Property Accounting
Assist in preparing accurate monthly financial statements in accordance with GAAP for internal and external reporting
Provide documentation for external auditors and for internal tax accounting
Complete journal entries related to receipts, payments, and banking fees in connection with reconciling cash on a weekly basis
Complete month end journal entries including depreciation, amortization, placing assets into service, and accrual entries
Create and maintain reconciliations for all balance sheet accounts
Communicate with property managers for month end accounting requests
Assist in ad hoc financial requests
Development Accounting
Maintain development budgets for tenant improvement in partnership with the development team
Ensure all invoices are coded to contracts against the appropriate budgets in ERP system
Prepare monthly draws for lender approval
Review and track lien waivers for vendor invoices submitted to lenders
Lead monthly financial project reviews with the development team
Provide synchronized job cost reporting, draw schedules, and underlying financial reporting in accordance with GAAP using the ERP system
Qualifications
To succeed in this role, the candidate should have strong communication skills, excellent attention to detail, and great people skills
The ideal candidate has:
Time management skills and ability to multitask
Demonstrates strong personal effectiveness skills including integrity, trust, problem solving, and critical thinking
Proficient in Microsoft Excel and Word
Bachelor’s degree in Accounting, CPA preferred
3 years of experience
Preferred job experience:
Real Estate industry
Public accounting
ERP Software Yardi
In compliance with the New York & Illinois Pay Transparency Law, the base salary range for this role in Illinois is between $80,000.00 and $95,000.00. This salary range does not include discretionary bonus or other forms of compensation or benefits which are offered in connection with this job. Several factors are considered when determining a candidate’s compensation. Please note that the salary range listed for this position is based on the level of experience outlined in the job description. If a candidate's experience differs from the requirements, the salary may be adjusted accordingly.
Hilco Global is an equal opportunity employer. Qualified candidates will be considered on merits and without regard to race, religion, color, national origin, age (40 and older), ****** orientation, genetic information, marital status, gender, veteran, or disability status.
Hilco Global strives to comply with all applicable local/state regulations regarding displaying salary ranges. Any offered salary is determined based on relevant factors such as applicant's skills, job responsibilities, prior relevant experience, certain degrees and certifications and market considerations. In addition, Hilco Global is proud to offer a comprehensive, competitive benefits package, with options designed to help you make the best decisions for yourself, your family, and your lifestyle. Available benefits are based on eligibility. Our Total Rewards package includes a variety of medical and dental plans, vision coverage, disability and life insurance, 401(k) plans, and a robust suite of personal well-being benefits to support your mental health. https://hilcoglobal.com/careers-about/
💡 Quick Summary
Seeking a career-building opportunity? The Senior Property Accountant position is now open for candidates interested in the Accountant Jobs sector. This role in Chicago offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
