Senior Accountant, Related Midwest

Related Midwest; Chicago (IL); On-site; USD 80,000 - 110,000; Full time

Benefits offered by this job

Discretionary bonus incentives

Comprehensive benefits

Job summary

Related Midwest in Chicago is seeking a Senior Accountant to join the development accounting team. You will manage all accounting activities for assigned projects, mentor juniors, and coordinate with construction, development, finance, tax and legal.

Responsibilities include reviewing payment applications, overseeing Textura processing, reconciling costs to the general ledger, and producing timely reports for consolidated financial analysis and forecasting.

Qualifications

• Bachelor’s degree in Accounting is required.
• Minimum 5+ years of accounting experience, preferably in real estate development & general contracting.
• Strong organizational skills, detail orientation, ability to prioritize & multitask.

Responsibilities

• Review and/or prepare applications for payment (G702/703) from contractor or owner perspectives.
• Oversee Textura processing for contracts, designers, and vendors.
• Support e-Builder functionality and reconcile project costs to GL monthly.

Skills

Excel

Analytical skills

Interpersonal skills

Multitasking

GAAP knowledge

Education

Bachelor’s Degree in Accounting

Tools

JD Edwards

Textura

eBuilder

HFM

Hubble

Job description

Responsibilities

Related Midwest is seeking a Senior Accountant to work in the development accounting area of the Chicago office. The individual will be responsible for all accounting activities associated with the projects assigned. Specific duties include mentoring junior personnel, general accounting, internal management reporting, ledger reconciliations, accounts receivable/payable and payroll analysis. The Senior 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 Senior Accountant will report to the Accounting Manager.

• Review and/or 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 to the general ledger each month
• 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
• Review and/or 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 audits
• Collaborate with business teams and senior management on operational reporting metrics

Qualifications

• Bachelor’s Degree in Accounting
• Minimum of 5+ 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 deadlines
• 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
• This role is a 5 days a week, onsite position at the Related Midwest Office

Compensation

The anticipated base salary range for this position is listed below. In addition to a competitive base salary, you will be eligible to receive discretionary bonus incentives and a comprehensive benefits package.

Anticipated base salary range: $80,000 - $110,000

Actual base salary within the anticipated range will be determined by several components including but not limited to the individual's experience, skills, qualifications, and market factors.

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 $100 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 .

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 one of the largest developers of affordable housing in the Midwest, with more than 10,000 units owned and managed.

The firm’s other market‑defining projects include ultra‑luxury residential tower One Bennett Park, designed by Robert A.M. Stern Architects, with adjacent park by Michael Van Valkenburgh Associates; Fulton Market’s 900 Randolph, the first high‑rise in Chicago co‑built by a Black‑owned general contractor; luxury rental towers 500 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.

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