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Senior Accountant- growing national real estate firm at Michael Page

Senior Accountant- growing national real estate firm

Michael Page Chicago, IL Full-Time
$70,000.00 - $90,000.00 / year
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MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

Summary

Growing real estate firm with its HQ located in downtown Chicago, known for being the developer behind some of country's most well known builds, is looking to add a Senior Accountant to its finance department.

Client Details

With a diverse portfolio of real estate investments across commercial, multifamily, residential and industrial markets, they have grown steadily over the last 10 years. Despite the Covid-19 pandemic, they have a strong pipeline of projects and are looking to add an experienced Senior Real Estate Accountant to the business.

Description

  • Interpretation and application of project document such as loan, lease, operating agreements
  • Partner/member/lender/contractor/title company relations and reporting, as necessary
  • Prepare and track project funding requests
  • Prepare summary of lien waivers required and track receipt of same by draw
  • Timely solicit and obtain appropriate approval for project costs and prepare disbursements following draw funding
  • Prepare invoices for costs funded sources other than loan and equity proceeds
  • Identify eligible project costs incurred and ensure prompt reimbursement
  • Maintain project-specific cash summary and projection
  • Perform monthly general ledger accounting and prepare financial statements
  • Prepare and update workpapers supporting account balances
  • Update fee-sharing summaries
  • Perform cost segregation analysis following project completion
  • Project personal property tax assessments and prepare and file annual returns
  • Prepare 1099s and other reports required by taxing authorities
  • Assist in land/loan closing and property sale as necessary
  • Process for payment all pre-development costs including obtaining required approval of cost and ensuring appropriate general ledger coding
  • Prepare, as assigned, schedules of pre-development costs
  • Review employee expense reports to ensure accurate posting of costs
  • Perform special projects, as necessary

Profile

To be considered for this position, candidates are required to have:

  • Bachelors degree in Accounting/Finance
  • 3+ years of construction or real estate accounting experience

Job Offer

  • A competitive base salary of between $70,000- $95,000 depending on skills and experience
  • Annual bonus potential of up to 20%
  • Free healthcare, vision and dental insurance
  • Generous 401k match
  • Great long term career development opportunities
 

Recommended skills

Scheduling
Property Tax
General Ledger
Financial Statements
Accounting
Finance
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Job ID: 1440803

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