Chicago, Illinois, United States
19 hours ago
Staff Accountant
Responsibilities Related Midwest is seeking a Staff Accountant to work in the development accounting area of the Chicago office. The incumbent will be responsible for all accounting activities associated with the projects assigned. Specific duties include general accounting, internal management reporting, ledger reconciliations, accounts receivable/payable and payroll analysis. The Staff Accountant will also interface with internal associates within construction, development, finance, tax and legal as well as external contacts. The position involves collaboration to produce a variety of high quality reports that are used in consolidated reporting, financial analysis and forecasting. The ideal candidate is a self-motivated person who thrives in a dynamic work environment and demonstrates a flexible and adaptable work style. The Staff Accountant will report to the Accounting Manager. Primary Responsibilities: Prepare applications for payment from the general contractor perspective (G702/703) and/or the owner’s perspective. Oversee the Textura processing for all contracts, designers and vendors, associated with assigned projects. Support e-Builder functionality and reconcile the project costs Facilitate the timely and accurate data entry process for all invoice applications, change orders, general expenses Coordinate the disbursement of funds through various title companies Prepare and analyze the general ledger, financial statements and appropriate accrual and adjusting journal entries in accordance with GAAP Prepare monthly work papers and reporting for projects assigned Assist commercial accounting with the consolidation of financial results to owners Prepare profitability analysis for assigned projects Evaluate financial and operational activities and make recommendations to improve efficiency and internal control Participate in various business process and technology integration initiatives Participate in annual audit Collaborate with business teams and senior management on operational reporting metrics Compensation: $80,000-$90,000 / year Annual performance based bonus Qualifications Minimum of Bachelor’s Degree in Accounting Minimum of 2+ years of accounting experience ideally focused on real estate development and general contracting Superior organizational skills, must be detail oriented and have the ability to prioritize and multitask to meet dead lines A mature professional with excellent judgment, interpersonal skills and ability to work independently or as part of a team Excellent analytical skills with ability to evaluate data and present solutions to solve business issues Ability to recognize issues and communicate with management in a clear and articulate manner Knowledge of JD Edwards, Textura, eBuilder, HFM, Hubble, or other property management related software, a plus Advanced proficiency in MS Excel Benefits: Personalized Health Care: Multiple medical, dental, and vision plan options; Employee Assistance Program Financial Benefits: Competitive salary and incentive packages; matching 401(k); FSAs and HSA; employer-paid life and AD&D insurance; paid leave & disability programs Social Wellness: 19+ days of PTO; mental health counseling & resources; fertility, surrogacy, and adoption assistance; volunteer days and donation matching Career Development: Learning & training programs; tuition & certification reimbursement; internal advancement opportunities Related values diversity in backgrounds and experiences. We are proud to be an equal opportunity employer and are deliberate about the team and culture we are building. We aim to ensure competitive total compensation that is commensurate with experience, workplace geography, and market standards. For information about how we use your personal information, including information submitted for career opportunities, please review our Privacy Policy at https://www.related.com/privacy-policy. #TRC #LI-JF1#LI-ONSITE Overview Company Overview Formed in 1972, Related is the most prominent privately-owned real estate firm in the United States. Headquartered in New York City, the company has offices and major developments across the world. Related owns and manages a premier portfolio of assets valued at over $60 billion, including the 28-acre Hudson Yards neighborhood on Manhattan’s West Side. Related believes in investing in its talent and cultivates a positive, team-oriented environment where every voice is valued. Employees are encouraged to boldly take on new challenges, transcend the status quo, and demonstrate strong entrepreneurial spirit. In its relentless commitment to excellence, Related works to foster an innovative approach in its team members so that they can positively impact the communities in which they conduct business. Learn more about Related at www.related.com. Divisional Overview Related Midwest, the Chicago office of Related Companies, is the preeminent developer of mixed-use properties, affordable housing communities, and luxury condominium and rental homes across Chicago. The company commands a portfolio of residential, mixed-use and master-planned properties, including pioneering projects like The 78 where the company is heading a transformational development on 62 acres in the heart of downtown Chicago to create the city’s next great neighborhood. Related Midwest is also the largest developer of affordable housing in the Midwest, with more than 10,000 units, and has never converted an affordable unit to market rate. The firm’s other market-defining projects include ultra-luxury residential tower One Bennett Park, designed by Robert A.M. Stern Architects; The Row Fulton Market, the first high-rise in Chicago built by an African American general contractor (BOWA Construction); luxury rental towers 500 N. Lake Shore Drive and OneEleven; Lathrop, an ongoing restoration and redevelopment of the historic Julia C. Lathrop Homes into a mixed-income community; 400 Lake Shore Drive, two residential towers situated where the river meets the lake in Chicago, and Roosevelt Square, an innovative 120-acre multi-phase development on Chicago’s west side. For more than 30 years, Related Midwest has been an industry leader in community commitment and routinely sets the bar for measurable equity, diversity and inclusion standards on all of its projects. The company is deeply committed to improving neighborhoods, creating sustainable opportunities for small businesses and community residents, and building inspirational places and homes for all. Related Midwest’s business model is built on partnership with minority- and women-owned firms as well as mentorship of small minority- and women-owned businesses as they launch and grow. The firm is a founding partner in HIRE360, a first-of-its-kind community partnership designed to expand professional development and employment opportunities in the trades.
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