Property Accountant

JLL empowers you to shape a brighter way. Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented people and empowering them to thrive, grow meaningful careers and to find a place where they belong. Whether youve got deep experience in commercial real estate, skilled trades or technology, or youre looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward. Property Accountant JLL Chicago, IL 5 days on-site What this job involves: As a Property Accountant at JLL, you'll serve as a critical financial steward for our commercial real estate portfolio, ensuring accurate accounting operations and seamless financial reporting for our clients. This role combines technical accounting expertise with real estate industry knowledge to maintain the financial health of property operations. You'll partner closely with Property Managers and senior finance leadership to deliver precise financial statements, manage cash operations, and support strategic decision-making. Your work directly impacts client satisfaction and portfolio performance, making you an integral part of JLL's commitment to exceptional property management services. This position offers the opportunity to develop specialized real estate accounting skills while working with sophisticated properties and gaining exposure to complex financial operations in one of the world's leading commercial real estate firms. What your day-to-day will look like: Monitor and manage daily cash positions across property portfolios, recording all cash activity through accurate journal entries to maintain real-time financial visibility. Review and approve accounts payable and receivable batches daily, ensuring proper coding, appropriate approvals, supporting documentation, and accurate application of payments and receipts. Process check runs, wire transfers, and payment requests using Yardi accounting software while maintaining proper controls and authorization protocols. Research and reconcile unclassified cash receipts in collaboration with Property Managers and Tenant Administrators to ensure complete and accurate revenue recognition. Prepare monthly bank reconciliations for all property accounts, identifying and resolving reconciling items promptly to maintain accurate cash reporting. Generate monthly financial close entries including accruals, prepaid expenses, deferred rent, depreciation, amortization, and lease accounting adjustments to support both cash and accrual basis reporting. Review lease abstracts and maintain tenant data accuracy within Yardi's Commercial Management module, ensuring billing systems reflect current lease terms and obligations. Required Qualifications: Bachelor's degree in Accounting from an accredited institution. Minimum 2 years of real estate accounting experience, with demonstrated understanding of property-level financial operations and reporting requirements. Proficiency in Yardi Accounting software and advanced Excel skills for financial analysis and reporting. Strong analytical and problem-solving abilities with exceptional attention to detail and accuracy in financial reporting and reconciliations. Excellent communication and interpersonal skills with ability to collaborate effectively across property management teams, senior finance leadership, and external stakeholders. Proven ability to multitask effectively and work successfully under pressure while consistently meeting client deadlines in a fast-paced environment. Results-driven mindset with demonstrated ability to prioritize workload, adapt to varying client requirements, and maintain effectiveness across multiple properties and tasks simultaneously. Preferred Qualifications: Experience with monthly property management fee calculations and loan compliance reporting preparation. Familiarity with commercial lease structures, tenant escalation billing, and annual reconciliation processes. Knowledge of sales tax, personal property tax, and business tax filing requirements for commercial real estate. Experience supporting external audits and preparing audit packages for partners, tenants, or regulatory agencies. Understanding of fixed asset sub-ledger maintenance and capital expenditure tracking for real estate portfolios. Exposure to annual operating and capital budget preparation processes for commercial properties. Background in preparing financial reporting packages for multiple stakeholders including investors, lenders, and property ownership groups. This position does not provide visa sponsorship. Candidates must be authorized to work in the United States without sponsorship. Estimated compensation for this position: 70,000.00 80,000.00 USD per year This range is an estimate and actual compensation may differ. 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 dont meet all the requirements. Were 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 may 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 At JLL, we harness the power of artificial intelligence (AI) to efficiently accelerate meaningful connections between candidates and opportunities. Using AI capabilities, we analyze your application for relevant skills, experiences, and qualifications to generate valuable insights about how your unique profile aligns with the specific requirements of the role you're pursuing. JLL Privacy Notice Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously. Generally the personal information we collect from you are for the purposes of processing in connection with JLLs recruitment process. We endeavour to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our Candidate Privacy Statement. For additional details please see our career site pages for each country. For candidates in the United States, please see a full copy of our Equal Employment Opportunity policy here. Jones Lang LaSalle (JLL) is an Equal Opportunity Employer and is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process including the online application and/or overall selection process you may email us at HRSCLeaves@jll.com. This email is only to request an accommodation. Please direct any other general recruiting inquiries to our Contact Us page > I want to work for JLL. Pursuant to the Arizona Civil Rights Act, criminal convictions are not an absolute bar to employment. Pursuant to Illinois Law, applicants are not obligated to disclose sealed or expunged records of conviction or arrest. Pursuant to Columbia, SC ordinance, this position is subject to a background check for any convictions directly related to its duties and responsibilities. Only job-related convictions will be considered and will not automatically disqualify the candidate. 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If you're a current JLL employee, please apply using the Internal Career Site At JLL, we give you the opportunity, knowledge and tools to own your success, because we value what makes each of us unique. We help our people thrive, grow meaningful careers and find a place where they belong. Together, we strive to be exceptional and shape a better world. For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with operations in over 80 countries around the world, our employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. 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