Real Estate Accounting Manager

Real Estate Accounting Manager/Controller, Schaumburg, IL

We are a growing group of diverse companies in the Real Estate industry, encompassing areas such as Real Estate brokerage, industrial and office investment, warehousing and logistics, lending, and co-working/conference centers. With a portfolio of 1.5 million square feet of Real Estate across five different states, we are dedicated to expanding our revenue and achieving ambitious targets, aiming to reach $100 million revenue within the next 3-5 years.

Role Overview:

We are seeking an exceptional Accounting Manager with prior experience (7 to 18 years) in handling accounts for Commercial Real Estate entities, to join our dynamic team and take charge of our financial operations. This critical role will be instrumental in driving our financial growth and providing strategic guidance to propel our organization towards its revenue targets. The ideal candidate will possess a strong background in Real Estate finance, an acute attention to detail, and the ability to collaborate effectively with teams across multiple locations.

Responsibilities:

1. Financial Strategy and Planning:

• Develop and execute financial strategies aligned with our growth objectives, considering market trends, risks, and opportunities.
• Collaborate with executive leadership to establish financial targets, budgets, and long-term financial plans.

2. Financial Management and Reporting:

• Oversee day-to-day financial operations, including budgeting, forecasting, and financial analysis.
• Ensure accurate and timely financial reporting, including balance sheets, income statements, cash flow statements, and variance analysis.
• Monitor and analyze key financial metrics to identify trends and provide actionable insights to management.

3. Accounting and Compliance:

• Supervise the accounting team, ensuring accurate and timely recording of financial transactions, adherence to accounting principles, and compliance with regulatory requirements.
• Review and analyze financial statements, general ledger entries, and reconciliations to maintain strong financial controls.

4. Billing and Collections:

• Implement and improve billing and collections processes to enhance cash flow management and reduce outstanding receivables.
• Work closely with teams to address billing discrepancies, resolve client inquiries, and ensure timely payments.

5. Financial Leadership and Collaboration:

• Serve as a trusted advisor to the executive team, providing financial guidance and insights to support decision-making.
• Foster collaboration and effective communication with cross-functional teams, including operations, sales, and legal departments, to drive financial efficiency and alignment.

Qualifications:

• Bachelor's degree in finance, accounting, or a related field; a master's degree or CPA qualification is preferred.
• Proven experience (6-10 years) as a Financial Controller or similar role in the Real Estate industry, demonstrating a track record of driving financial growth.
• Strong knowledge of Real Estate finance, including property valuation, investment analysis, and lease accounting.
• Proficiency in financial management systems and tools, along with advanced Excel skills.
• Excellent analytical and problem-solving abilities, with meticulous attention to detail.
• Effective leadership and team management skills, with the ability to mentor and motivate a diverse team.

Join our team and be an integral part of our journey to transform our portfolio into a thriving $100 million enterprise. As the Finance and Accounts Manager, you will play a pivotal role in shaping our financial strategy, fostering growth, and driving our success. We offer a competitive salary, comprehensive benefits package, and the opportunity to work with a talented and driven team.

· Salary: 75K to 90K (to commensurate with demonstrated experience)

· Full time position

*In addition to professional growth, we offer a competitive benefits package including industry’s best medical, dental, optical and life insurance plans and a paid vacation. The duties listed in this job description are intended only as illustrations of the various types of work that may be performed. The omission of specific statements of duties does not exclude them from the position if the work is similar, related, or a logical assignment to the position.

Benefits:

• Dental insurance
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Work Location: In person

Job Type: Full-time

Pay: $75,000.00 - $90,000.00 per year

Benefits:

• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Experience level:

• 11+ years
• 7 years

Physical setting:

• Office

Schedule:

• 8 hour shift
• Monday to Friday

Experience:

• Financial management: 5 years (Required)

Work Location: In person