Staff Accountant Job at Mid-America Asset Management, Inc., Oakbrook Terrace, IL

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  • Mid-America Asset Management, Inc.
  • Oakbrook Terrace, IL

Job Description

Job Description

Job Description

Responsibilities:

Preparation of financial statements in a timely and accurate manner, including completion of the following:

· Preparation of all journal entries with appropriate supporting back-up documentation

· Preparation of supporting work papers for all balance sheet accounts (prepaids, deferred rent, fixed assets, depreciation/amortization, accruals, etc.)

· Review and approval of all payable batches prior to check processing

· Review and approval of tenant receipt batches, correctly identifying the application of each receipt

· Analysis of income statement providing clear and comprehensive variance to budget explanations

· Review of the prepared financial statement package prior to submission to Accounting Manager to ensure that all prepared schedules reconcile to applicable accounts and other schedules, including documentation of any reconciling differences

· Resolution and documentation of responses to review notes from Accounting Manager review

Additional responsibilities:

· Managing of property funds daily, including preparation of Cash Flows and ad-hoc reconciliations

· Reconciliation of all bank statements, with follow-up and timely resolution of all reconciling items

· Review and approval of monthly scheduled charges for tenants

· Calculation and entry of non-recurring charges such as quarterly billings or late fees onto tenant accounts

· Preparation and review of the annual property budget

· Preparation and review of the CAM, real estate tax, insurance, and other miscellaneous reconciliations

· Assistance to the property manager in any tenant billing disputes

· Preparation and review of quarterly/mid-year financial statements, including reforecasting

· Participation in staff meetings

· Ad-hoc property specific and department related special projects

Desired Skills & Experience:

  • Bachelor’s degree in Accounting or Finance
  • No required experience for Staff Accountant
  • Proficient in Microsoft Office
  • Ability to learn new software systems quickly
  • Detail oriented, strong organizational skills, and ability to prioritize
  • Team oriented with the ability to work independently

Salary Range: $60,000 - $65,000

Company Description

Mid-America Real Estate Group is the Midwest’s leading retail real estate firm. The company is headquartered in Oakbrook Terrace with additional offices in Chicago, Milwaukee, Minneapolis and Detroit. Mid-America specializes in tenant and landlord representation, investment and net lease sales, asset management and construction management all focused on the shopping center industry in the Midwest.

Mid-America Asset Management, Inc. is part of the Mid-America Real Estate Group. Mid-America Asset Management, Inc. is currently the largest third-party, retail asset manager in the Midwest (managing and leasing over 60 million square feet of retail space). Mid-America Asset Management is the choice of most institutional owners and entrepreneurial investors with real estate interest in the Chicago and Midwest markets. Services that we provide our clients include, but are not limited to, strategic planning, property management, project leasing, financial reporting and construction management and development se

Company Description

Mid-America Real Estate Group is the Midwest’s leading retail real estate firm. The company is headquartered in Oakbrook Terrace with additional offices in Chicago, Milwaukee, Minneapolis and Detroit. Mid-America specializes in tenant and landlord representation, investment and net lease sales, asset management and construction management all focused on the shopping center industry in the Midwest.\r\n\r\nMid-America Asset Management, Inc. is part of the Mid-America Real Estate Group. Mid-America Asset Management, Inc. is currently the largest third-party, retail asset manager in the Midwest (managing and leasing over 60 million square feet of retail space). Mid-America Asset Management is the choice of most institutional owners and entrepreneurial investors with real estate interest in the Chicago and Midwest markets. Services that we provide our clients include, but are not limited to, strategic planning, property management, project leasing, financial reporting and construction management and development se

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