Salary Mid-Point: $87,500
Location: Chicago IL
Job Type: Permanent
In office three days a week (Tues - Thurs). Sr. Accountant, Development Responsibilities:
- Ensure all the construction-in-progress development projects are viable with the project managers
- Track, reconcile, prepare, and submit construction draws for property development work
- Monitor and track lien notices and appropriate lien waivers during the construction process
- Assist FP&A with tracking capital spending in comparison to the capital budget
- Review and approve invoices and purchase orders for all development projects ensuring the proper coding
- Monitor and track construction project costs, ensure assets are placed in service and reclassified to appropriate fixed asset accounts on a timely basis and are assigned appropriate asset categories
- Prepare monthly journal entries and reconciliations regarding developments in construction, ensuring that capitalization policies are in line with the internal development policy.
- Assist in the process of the cost segregation studies on newly developed resorts and major renovations
- Provide construction accounting-related information to external auditors
- Responsible for ensuring project spend is accurately tracked and accounted for in construction project management software
- Prepare standard reports and ad hoc development reporting as needed by management
- Facilitate and complete monthly, quarterly and annual closing procedures
- Participate in special projects assigned to construction accounting
- Assist with establishing, implementing and documenting policies and procedures
Requirements:
- Bachelor's degree in Accounting
- 3+ years of relevant experience required, preferably in construction or development environment
- Strong accounting and analytical background
- Proficient in using accounting software and other applicable financial software
- Highly skilled in Microsoft Excel -- macros, v-lookups, and pivot tables