Property Accounting

LocationGGP Chicago - 350 N Orleans Street, Suite 300BusinessHeadquartered in Chicago, IL, GGP is a leading retail real estate company with a portfolio of 110 high-performing retail assets, encompassing over 103 million square feet of space across the United States. As an owner-operator, we're committed to creating vibrant destinations that bring people and brands together. With a team of 1,200+ employees and a legacy of leadership in retail real estate, we're shaping the future of the industry by delivering exceptional value to our partners and the communities we serveIf you're ready to be a part of our team, we encourage you to apply.Job DescriptionThe Property Accountant is responsible for accurately recording and reporting property-level financial statements in accordance with GAAP and company policies. This role ensures timely preparation of financial statements, reconciliations, and variance analyses to support property operations. The Property Accountant also collaborates with property teams and corporate finance to maintain compliance and drive financial accuracy.ResponsibilitiesPrepare balance sheets and income statements for assigned portfolio of properties, ensuring accuracy and compliance.Analyze, document, and record transactions in the Company's JD Edwards general ledger, maintaining thorough supporting workpapers.Provide detailed explanations for all balance sheet and income statement variances.Calculate tenant common area maintenance ("CAM") charges according to lease agreements.Collaborate with property teams, financial reporting teams, and other business partners to ensure smooth financial operations.Document and record ownership-level transactions and adjustments for assigned portfolio based on relevant legal documentation such as debt agreements, purchase and sales contracts, and joint venture agreements.Stay informed on external accounting and reporting practices to understand transaction disclosures and financial trends.Other duties as assigned.QualificationsHigh school diploma or GED required.Bachelor's degree in Accounting, Business, or a related field required; CPA candidate is a plus.Minimum of 2 years of experience in related accounting or finance role required; experience within the real estate industry is preferred.Demonstrated experience preparing workpapers supporting accrual-based general ledger entries and responding to audit inquiries.Strong organizational and problem-solving skills with the ability to meet deadlines.Strong written and verbal communication skills.Excellent attention to detail and accuracy.Working knowledge of Microsoft Office Suite with intermediate-level Excel skills.Experience with an ERP general ledger, preferably JD Edwards or Yardi.CompensationSalary type: ExemptPay Frequency: Bi-weeklyAnnual Base Salary Range: $70,000 - $90,000Annual Bonus: 10%Benefit InformationCompetitive compensationMedical, Dental and Vision beginning day 1401(k) Company matching401(k) Vests on Day 1Career development programsCharitable donation matchingGenerous paid time off (i.e., vacation, personal holidays, paid sick time)Paid Volunteer HoursPaid Parental LeaveFamily planning assistance including IVF, surrogacy, and adoption optionsWellness and mental health resourcesPet insurance offeringChildcare AssistanceCommuter benefitsA culture on our values of Act with Integrity, Build Mutual Trust, Take Initiative and Win Together.We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.