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Senior Property Accountant

Prairie Management & Development, Inc.
Chicago, IL
  • Expired: over a month ago. Applications are no longer accepted.
Job Description


Position: Senior Property Accountant

Qualifications: BS Accounting with sufficient hours of study to be eligible to sit for CPA Exam

Mandatory minimum of three (3) years’ experience as a property accountant.

Compensation: Commensurate with experience and performance history

Benefits: Major Medical Insurance (BCBS) including life and disability, additional available: 401k, dental, vision,

Paid leave of fifteen days accrued during first year, ability to work remotely during COVID-19 Pandemic

Security background check: Required

Prairie Management and Development, Inc. is seeking to add a Senior Property Accountant to the accounting department at its Main office on Michigan Avenue. This person will oversee and implement all accounting activities for several properties located in the Midwest. This includes general ledger preparation through the Yardi Accounting system and reporting responsibilities to owners and various governmental agencies. The Senior Property Accountant will report to and coordinate with the company Controller, and be responsible for directing and supervising a number of Junior/staff Property Accountants. This individual will work closely with Property Managers, as well as Regional Managers, with respect to all accounting issues at the property. Specific tasks and responsibilities are outlined below.


Responsibilities and understandings may include the following:

Understand and comply with GAAP and internal control policies and procedures

Review rent Roll and Gross Potential Rent and record adjustments as appropriate

Review and enter Accounts Payable and assist with check generation

Maintain monthly General ledger for assigned properties and review others

Review and reconcile related bank accounts and select Balance Sheet and Income Statement Accounts

Post recurring journal entries and assist with month-end closing process

Prepare and submit Monthly Housing Assistance Payment vouchers to the Department of Housing and Urban Development

Maintain escrow accounts including mortgage, reserve, and insurance accounts and depreciation schedules

Prepare and assemble required reports for Management Personnel, investors, and governmental agencies on monthly, quarterly,

and annual basis including those required for audit and tax reporting purposes


Staff Responsibilities:

Document and aid in the resolution of issues related to process and procedures

Review and supervise work of Junior/Staff accountants


Senior Property Accountant may be responsible for other tasks not listed above, as assigned by the Controller and CFO

Apply with submission of Resume and cover letter stating the applicability of your strengths to the described position along with compensation requirements.

Company Description
Prairie Management & Development, Inc. (PMD, Inc.) is is mission driven real estate development and property management company with over 40 years of industry experience. PMD's primary focus is the provision of affordable housing through construction and preservation.

Prairie Management & Development, Inc.

Why Work Here?
Stable mission-based company with great benefits and opportunity for growth!

Prairie Management & Development, Inc. (PMD) is a mission-driven property development and management firm with over 40 years of industry experience. PMD’s primary focus is to provide, through construction and preservation, clean, safe and affordable housing for the residents, including for some who are most in need. The company owns and/or manages 40+ projects, all of which are located in the Midwest. Company headquarters is located on North Michigan Avenue in Chicago.


Chicago, IL
60601 USA


Finance and Insurance


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