Property Accounting Manager

IFG US is partnering with a real estate company in Chicago looking to hire a Property Accounting Manager which will oversee all accounting and financial reporting for a portfolio of 10+ full- and limited-service properties, managing a team of 2–3 property accountants and partnering closely with on-site operational teams.

Key Responsibilities

• Supervise, train, and develop property accountants; delegate work, manage deadlines, and conduct performance reviews.
• Oversee accurate and timely month-end close and financial reporting (GAAP or tax basis), including debt service and capital transactions.
• Establish and maintain internal controls to safeguard assets and ensure proper segregation of duties.
• Manage cash flow, including forecasting weekly cash needs, processing payables, payroll, and debt service.
• Perform treasury functions, including initiating electronic payments and managing online banking activity.
• Ensure accurate and timely preparation and filing of agency tax reports; coordinate tax audits and resolve findings.
• Partner with operations to improve financial processes and drive efficiency.
• Review and analyze lease transactions for proper accounting treatment.
• Track capital assets, renovation projects, and depreciation.
• Support annual audits and assist in budget preparation.
• Prepare financial, statistical, and operational reports.
• Ensure compliance with applicable laws and regulations.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• Supervisory accounting experience in the hospitality industry required.
• Strong leadership, organizational, and time management skills with the ability to manage multiple priorities.