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Sr. Associate II

JLL empowers you to shape a brighter way.  

Our people at JLL and JLL Technologies are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented people  and empowering them to  thrive, grow meaningful careers and to find a place where they belong.  Whether you’ve got deep experience in commercial real estate, skilled trades or technology, or you’re looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward.   

Responsibilities

  • Prepare timely and accurate monthly/quarterly property financial statements for a 4 to 6 property portfolio by

the deadlines established by the client.

  • Prepare and distribute monthly/quarterly financial reports – prepare monthly/quarterly journal entries, financial statement preparation and bank reconciliations within stated controls and client reporting requirements.
  • Gain a complete understanding of the internal accounting requirements as well as work to ensure requirements are met as established by the client.
  • Function as a resource to site property teams as required coordinating procedures, responding to

accounting questions, and responding to client questions.

  • Oversee internal and external audits and coordinate with various departments on requirements.
  • Oversee bank reconciliations, cash management for loan servicing, disbursement processing and

external reporting.

  • Coordinate Accounts Payable process – review invoice coding and approvals, and ensure compliance with all appropriate controls that are in place.
  • Assist with annual budget preparation – compile key assumptions and capital budget information, review for reasonableness and ensure timely and accurate entry into the accounting system.
  • Annual year-end reconciliation process – Assist in the preparation, calculation and review of the year-end reconciliation process.  Ensure all adjustments are billed timely and correctly per lease requirements.

Qualifications

  • Bachelor’s degree in Accounting is required; CPA desirable.
  • Minimum of 3-5 years of Real Estate Accounting experience is required, must have knowledge of CAM and FASB 13 specifically.
  • Adaptability – maintains effectiveness in varying environments, tasks and responsibilities, or with

various types of people.

  • Planning and Organizing – Ability to establish a course of action to accomplish goals and evaluate results.
  • Ability to multitask, work successfully under pressure and effectively prioritize and manage time and

workload to meet client needs.

  • Client  Focus – dedicated to meeting the expectations and requirements of the external and

internal client, establishes and maintains effective relationships with clients, and gains their trust and respect.

  • Dealing with Ambiguity – can effectively cope with change, can shift gears comfortably, can decide

and act without having the total picture, can comfortably handle risk and uncertainty.

  • Drive for Results – can be counted on to exceed goals successfully, bottom line oriented, pushes self

and others for results.

  • Microsoft office product knowledge specifically Excel is required, Access knowledge desirable.
  • Experience with some combination of Real Estate specific software specifically MRI, Yardi

Estimated total compensation for this position:

82,650.00 – 97,000.00 USD per year

The total compensation range is an estimate and not guaranteed. An employment offer is based on an applicant's education, experience, skills, abilities, geographic location, internal equity and alignment with market data .

Location:

On-site –Westmont, IL

If this job description resonates with you, we encourage you to apply, even if you don’t meet all the requirements.  We’re interested in getting to know you and what you bring to the table!


Personalized benefits that support personal well-being and growth:

JLL recognizes the impact that the workplace can have on your wellness, so we offer a supportive culture and comprehensive benefits package that prioritizes mental, physical and emotional health. Some of these benefits may include:

  • 401(k) plan with matching company contributions

  • Comprehensive Medical, Dental & Vision Care

  • Paid parental leave at 100% of salary 

  • Paid Time Off and Company Holidays

JLL Privacy Notice

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously. Generally the personal information we collect from you are for the purposes of processing in connection with JLL’s recruitment process. We endeavour to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely.

For more information about how JLL processes your personal data, please view our Candidate Privacy Statement.

For additional details please see our career site pages for each country.

For candidates in the United States, please see a full copy of our Equal Employment Opportunity and Affirmative Action policy here.

Jones Lang LaSalle (“JLL”) is an Equal Opportunity Employer and is committed to working with and providing reasonable accommodations to individuals with disabilities.  If you need a reasonable accommodation because of a disability for any part of the employment process – including the online application and/or overall selection process –  you may contact us at Accommodation Requests. This email is only to request an accommodation. Please direct any other general recruiting inquiries to our Contact Us page > I want to work for JLL.

Pursuant to the Arizona Civil Rights Act, criminal convictions are not an absolute bar to employment.

Pursuant to Illinois Law, applicants are not obligated to disclose sealed or expunged records of conviction or arrest.

Pursuant to Columbia, SC ordinance, this position is subject to a background check for any convictions directly related to its duties and responsibilities. Only job-related convictions will be considered and will not automatically disqualify the candidate.

California Residents only

If you are a California resident as defined in the California Consumer Privacy Act (CCPA) please view our Supplemental Privacy Statement which describes your rights and disclosures about your personal information. If you are viewing this on a mobile device you may want to view the CCPA version on a larger device.

Pursuant to the Los Angeles Fair Chance Initiative for Hiring Ordinance, JLL will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance.

Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

Accepting applications on an ongoing basis until candidate identified.

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Average salary estimate

$89825 / YEARLY (est.)
min
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$82650K
$97000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Sr. Associate II, JLL

As a Sr. Associate II at JLL in Westmont, IL, you’ll be playing a pivotal role in shaping the future of real estate while making your mark in the financial landscape. JLL empowers you to thrive personally and professionally in an environment that values adaptability, planning, and results-driven performance. In this position, you'll be responsible for preparing timely and accurate monthly and quarterly property financial statements for a portfolio of 4 to 6 properties, ensuring that every detail meets the client's requirements. You'll also dive into journal entries, financial statement preparation, and bank reconciliations, all while being a resource for site property teams and coordinating procedures. Your expertise in real estate accounting, particularly your knowledge of CAM and FASB 13, will come into play as you oversee audits, manage the Accounts Payable process, and assist in annual budget preparation. Collaborating with various departments will be key as you navigate through the complexities of internal and external audits. Your ability to multitask and prioritize effectively under pressure will shine when assisting with year-end reconciliations and capital budgets. A Bachelor's degree in Accounting is a must, while a CPA is desirable. If you're a dedicated professional looking to make an impact in a supportive culture, we encourage you to apply. Experience the personalized benefits at JLL that support your well-being while you unlock your future in a dynamic, innovative environment.

Frequently Asked Questions (FAQs) for Sr. Associate II Role at JLL
What are the main responsibilities of a Sr. Associate II at JLL?

The Sr. Associate II at JLL is responsible for preparing accurate monthly and quarterly financial statements for a portfolio of properties, ensuring compliance with internal and external requirements. This role includes preparing financial reports, handling bank reconciliations, and managing the Accounts Payable process. Additionally, the professional will assist in annual budget preparations and oversee audits, guiding site property teams in accounting-related inquiries.

Join Rise to see the full answer
What qualifications are needed for the Sr. Associate II position at JLL?

To qualify for the Sr. Associate II role at JLL, candidates should possess a Bachelor's degree in Accounting, with a CPA designation being desirable. A minimum of 3-5 years of Real Estate Accounting experience is required, specifically familiarity with CAM and FASB 13. Candidates should also have strong multitasking abilities and client-focused skills to manage various responsibilities efficiently.

Join Rise to see the full answer
What skills are prioritized for a successful Sr. Associate II at JLL?

Successful candidates for the Sr. Associate II role at JLL must demonstrate adaptability to navigate changing environments and challenges. Strong planning and organizational skills are crucial, alongside a client-focused approach to ensure positive relationships. A solid working knowledge of Microsoft Excel and real estate software, such as MRI or Yardi, are also important for managing financial reporting tasks.

Join Rise to see the full answer
How does JLL support the well-being of its employees in the Sr. Associate II role?

JLL is committed to supporting the well-being of its employees through a comprehensive benefits package that includes a 401(k) plan with matching contributions, comprehensive medical, dental, and vision coverage, and paid parental leave at full salary. The company fosters a supportive culture prioritizing mental, physical, and emotional health, allowing employees to thrive both personally and professionally.

Join Rise to see the full answer
What does the total compensation for a Sr. Associate II at JLL look like?

The estimated total compensation for a Sr. Associate II at JLL ranges from $82,650.00 to $97,000.00 per year. This range takes into account various factors, such as the candidate's education, experience, skills, and geographic location, ultimately reflecting JLL's commitment to aligning compensation with market data.

Join Rise to see the full answer
Common Interview Questions for Sr. Associate II
Can you describe your experience with preparing property financial statements?

When answering this question, focus on specific examples from your past roles. Discuss the types of financial statements you’ve prepared, the properties involved, and how you ensured accuracy and compliance with client requirements. Highlight any software or systems you used that are relevant to the role.

Join Rise to see the full answer
How do you handle tight deadlines when preparing financial reports?

Demonstrate your ability to prioritize tasks and manage time effectively. You could mention using project management tools, establishing a clear action plan, and communicating effectively with team members to ensure deadlines are met without sacrificing quality.

Join Rise to see the full answer
What is your understanding of CAM and FASB 13 in the context of real estate accounting?

Provide a brief overview of CAM (Common Area Maintenance) and FASB 13 (a standard relating to lease accounting). Show your understanding of how these concepts influence financial reporting and property management in your explanations.

Join Rise to see the full answer
Can you give an example of how you resolved a complex accounting issue?

Share a specific situation where you faced an accounting challenge. Explain the steps you took to diagnose the problem, the solution you implemented, and how you communicated these findings to relevant stakeholders.

Join Rise to see the full answer
What strategies do you utilize for effective audit coordination?

Discuss your experience in coordinating audits, mentioning any tools or checklists you use. Highlight your communication skills in liaising with various departments and your approach to ensuring documentation is thorough and accessible.

Join Rise to see the full answer
How do you ensure compliance in the Accounts Payable process?

Describe your familiarity with internal controls and procedures concerning Accounts Payable. Discuss how you review invoice coding, ensure approvals are in place, and maintain documentation for audit trails.

Join Rise to see the full answer
How do you approach annual budget preparation?

Explain your process for compiling key assumptions and capital budget information. Discuss how you review figures for reasonableness and ensure timelines are met for budget entries into the accounting system.

Join Rise to see the full answer
What tools do you find most effective when managing cash flow and reporting?

Share your experience with cash management tools and reporting software. Explain how these tools help streamline your workflow and provide accurate financial insights, enhancing your efficiency in the Sr. Associate II role.

Join Rise to see the full answer
Can you tell us about a time you improved a financial process?

Describe a situation where you identified inefficiencies in a financial process. Explain the changes you proposed, how you implemented them, and the results you achieved in terms of accuracy and productivity.

Join Rise to see the full answer
How do you maintain effective client relationships in your role?

Discuss the importance of communication and responsiveness in building client relationships. Provide examples of how you’ve tailored your communication styles to meet individual client needs, ensuring their expectations are consistently met.

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We’re JLL. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communit...

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Full-time, on-site
DATE POSTED
April 9, 2025

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