Job description

Job Description:

Excellent opportunity to begin your professional accounting career.

The Accounting Associate is a full-time position with the primary responsibility of assisting with month-end closing and financial reporting. This position focuses on the fundamentals of real estate accounting and finance in a start-up real estate workspace. The accounting associate will work closely with our CFO, Corporate Controller, and other team members to ensure the successful completion of tasks.

This position is an exempt, salaried position. The preferred work hours will be 9:00 AM – 5:00 PM, Monday-Friday. The employee will be expected to work out of the Corporate office in Rosemont, IL, with occasional flexibility to work remotely.

Your Mission:

• Reconciling bank statements with follow-up to Property Managers to resolve outstanding items (i.e. undeposited rent checks)
• Entering receipts received at the corporate office and making bank deposits (reliable transportation required)
• Maintaining work papers for prepaid expenses, accrued expenses, allowance for bad debt, etc., for the entire portfolio.
• Preparing required journal entries as needed based on the work papers
• Assist with month-end closing; financial statement review, adjusting entries, tenant charge verifications; accrual entries; bad debt analysis; AR summary report; reconciliation of all balance sheet GLs; monthly equity & debt reports.
• Assisting with follow-up communication regarding distributions
• Accounting-related special projects.
• Lender draws packages. Lien waiver process standardization.
• Credit card reconciliation.
• New vendor setup and annual maintenance.
• Managing virtual assistance for invoice processing.
• Processing and reconciliation of lender loan statements.
• New building utilities set up.
• Corporate and bldg level cash projections and operating budgets.

Your Track Record:

• Bachelor’s Degree in Accounting or Finance, including strong academic performance
• 0-3 years of relevant work experience
• Excellent communication and multi-tasking abilities
• Team Player
• Proficiency in Microsoft office products.

Your Style:

• Passionately persistent to get the job done!
• Self-motivated, and ability to adapt and learn!
• Eager to learn and grow in the position to meet the needs of the organization!

About the Company:

www.3lliving.com

“Location, Location, Location” is the first rule of real estate but here at 3L, we've reimagined that industry standard to "Location, Lifestyle, and Legacy". We acquire historic and underutilized buildings in dynamic urban areas and revitalize them via our adaptive reuse strategy. We tap into a structure's dormant potential and transform it into contemporary, quality living solutions for today's modern renter.

3L's mission is to help people move forward and that mission applies to residents and employees alike. We are a people-centric organization dedicated to helping our team members grow and thrive. We believe it is the efforts and expertise of our team members that allow us to continue to bring new life to cities across the country.

As a team, we aspire to have a culture of helpfulness but are also driven by core principles which guide the behavior expectations of those within our organization:

I. Put People First – Whether it’s our own team, our residents, or other stakeholders, people are the fuel of our engine. We are people serving people.

II. Build a Culture of Helpfulness – Making progress is a group effort, which is why collaboration and communication are essential. Giving help and asking for help is key to success.

III. Pride of Ownership – We all “own” our success. Take pride in your work and where you work.

IV. Be a Solutions Architect – Don’t accept the status quo; create new ways to improve every day.For full consideration, interested applicants must submit a resume and cover letter. Relocation assistance not provided. Position is a salaried, exempt role, and eligible for company sponsored benefits and paid time off. The position requires in-office work in Rosemont, IL, although with occasional flexibility to work remotely.

No calls, please.

It is 3L's policy to provide equal opportunity in all areas of its employment practices and to assure that there will be no discrimination against any employee on the basis of race, color, ancestry, religion, sex, marital status, age, national origin, disability, veteran status, genetic information, citizenship, pregnancy, sexual orientation or any other protected status under applicable local, state, or federal law. Employment decisions, including decisions regarding hiring and promotion, will be based on factors consistent with the principles of equal employment.

Job Type: Full-time

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Disability insurance
• Employee assistance program
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Physical setting:

• Office

Schedule:

• 8 hour shift
• Day shift
• Monday to Friday

Supplemental pay types:

• Bonus pay

Ability to commute/relocate:

• Des Plaines, IL 60018: Reliably commute or planning to relocate before starting work (Required)

Application Question(s):

• What are your annual compensation expectations?

Work Location: In person

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