Salary Mid-Point: $87,500
Location: Chicago IL
Job Type: Permanent
IFG's client is looking to hire a Senior Development Accountant. The company has been going through significant growth so there is no shortage of learning opportunities! This role will be mainly involved in their new and current properties from a development standpoint. The company has an amazing culture and starts with the leadership team!

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