Core Spaces · 2 months ago
Senior Associate, Property Accounting
Chicago, IL
Full-time
Hybrid
Mid, Senior Level
$85K/yr - $95K/yr
4+ years expCore Spaces is a real estate investment manager focused on student housing and build-to-rent sectors. The Senior Property Accountant will prepare and analyze financial results of operational properties, ensuring compliance with GAAP and assisting in the development of staff.
Property DevelopmentProperty ManagementReal Estate
Responsibilities
Perform monthly, quarterly, and annual accounting activities, including organization, reconciliation, and review of financial reports
Work closely with the operations team to ensure they are receiving the information required to effectively operate the properties and that the reporting calendar is being met
Research monthly variances from budget and assist operations and accounting staff with variance explanations
Assist site team and asset managers with annual budget preparation
Lead the distribution of financial reporting packages to lenders and partners
Review and ensure compliance with accounting policies & procedures and resolve accounting related issues
Perform monthly account analysis of selected general ledger accounts to ensure accounts properly reflect the Company’s financial position in accordance with company policy and GAAP
Review ledger detail, prepare/review adjusting journal entries, and supporting schedules for GAAP-based financial statements
Prepare property financial statements and supporting schedules monthly
Coordinate all audit/investor inquiries pertaining to the operating financials
Prepare property acquisition and disposition journal entries
Lead the onboarding and set up of property acquisitions
Prepare lender reporting packages, debt covenant calculations and work directly with the accounting manager to ensure compliance with loan requirements
Review bank reconciliations and journal entries as needed
Provide guidance on Core’s accounting policies by leading training sessions on policies & procedures across all departments
Calculate ownership distributions utilizing cash flow analysis
Manage fixed assets in Sage and perform quarterly roll-forward reconciliations
Assist the Property Accounting Manager with ad hoc projects as needed
Occasional travel may be necessary as needed
Perform all other duties and tasks as assigned by management
Must be able to complete all physical requirements of this role with or without a reasonable accommodation
Qualification
Required
Bachelor's degree in Accounting
4+ years of relevant experience
Detail oriented and ability to problem solve, research, and multi-task
Strong knowledge of GAAP compliancy
Experience working in Accounting Software Programs
Proficiency in MS Outlook, Excel, Word
Excellent interpersonal and organizational skills
Ability to multi-task and manage shifting priorities in a fast-paced environment
Attention to detail and high level of accuracy
Preferred
Real Estate Development or Construction Accounting
Entrata Accounting Software Program
Yardi experience
Benefits
A culture that provides you with a sense of belonging
Hybrid or remote work options may vary by role to support work-life balance
Competitive pay that values your contributions
Incentives designed to reward your achievements
Paid flexible PTO to disconnect or celebrate life milestones
Paid 15 holidays, including your birthday, to disconnect and celebrate
Paid Parental Leave that begins after 90 days
Paid volunteer time off to give back to your community
Monthly workshop weeks; fewer meetings & more collaboration
Robust health plan options that begin within at least 30 days of your employment
Monthly phone reimbursement
Wellness allowance and perks, including a yearly subscription to a meditation app
An environment that provides you a voice to share your perspectives
Employee Assistance Program (EAP) for access to confidential support services
Company retirement options including 401(k) + matching & Roth account option
Company
Core Spaces
Core Spaces provides development, dynamic acquisition and property management services for various housing projects.
501-1000 employees
Funding
Current Stage
Late StageTotal Funding
unknownKey Investors
Apollo
2025-12-18Debt Financing
Leadership Team
J
Jennifer Holmes
Chief Operating Officer
Brendan Miller
Chief Investment Officer, Student Housing
Recent News
2025-12-25
Morningstar.com
2025-10-23
2025-10-03
Company data provided by crunchbase