Related Midwest
Senior Accountant, Related Midwest
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
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.
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
Seniority level Mid‑Senior level
Employment type Full‑time
Job function Accounting / Auditing and Finance
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 $60 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 One Eleven; 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.
Related values diversity in backgrounds and experiences. We are proud to be an equal opportunity employer and are deliberate about the team and culture we are building. We aim to ensure competitive total compensation that is commensurate with experience, workplace geometry, and market standards.
For information about how we use your personal information, including information submitted for career opportunities, please review our Privacy Policy at https://www.related.com/privacy-policy.
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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
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.
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
Seniority level Mid‑Senior level
Employment type Full‑time
Job function Accounting / Auditing and Finance
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 $60 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 One Eleven; 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.
Related values diversity in backgrounds and experiences. We are proud to be an equal opportunity employer and are deliberate about the team and culture we are building. We aim to ensure competitive total compensation that is commensurate with experience, workplace geometry, and market standards.
For information about how we use your personal information, including information submitted for career opportunities, please review our Privacy Policy at https://www.related.com/privacy-policy.
#J-18808-Ljbffr