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Staff Accountant

- 7043

- US-IL-Chicago

- Accounting / Finance

- Related Midwest Office


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

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

Related Companies is an equal opportunity employer.

 

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Overview

Related Companies is a global real estate and lifestyle company defined by innovation and the most prominent privately-owned real estate firm in the United States. Formed over 40 years ago, Related is a fully-integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and sales. Headquartered in New York City, Related has offices and major developments in Boston, Chicago, Los Angeles, San Francisco, South Florida, Washington, D.C., Abu Dhabi and London, and boasts a team of approximately 4,000 professionals. With over $60 billion in assets owned or under development including the 28-acre Hudson Yards neighborhood on Manhattan’s West Side, The Grand and Related Santa Clara in California and The 78 in Chicago. Related was recently named to Fast Company Magazine’s list of the 50 Most Innovative Companies in the World. For more information about Related, please visit www.related.com.

 

Department Overview

 

Related Midwest, the Chicago office of Related Companies, is the preeminent Chicago developer of luxury condominium homes, affordable housing and unique mixed-use properties since 1988.  Recognized for its innovative, market-defining developments, Related Midwest creates properties of enduring value that enhance the lives of residents and the neighboring community such as 340 on the Park, the first LEED-Silver residential tower in the Midwest.   

The 78

 

The 78 is one of the most ambitious mixed-use development projects in Chicago.  At 62-acres, The 78 is the largest parcel of undeveloped land in downtown Chicago on the Chicago River.  Master planned by Skidmore, Owings and Merrill (SOM), The 78 will bring together talented groups of visionaries to help influence the growth of a neighborhood featuring office, residences, retail, curated restaurant offerings cultural institutions, and 12-acres of parks and open space.


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