Real Estate Accounting Specialist

2 weeks ago


Des Plaines, Illinois, United States Conor Commercial Real Estate Full time

Conor Commercial Real Estate is seeking a dedicated Project Accountant to deliver precise accounting services tailored for both internal and external stakeholders. This role involves close collaboration with the company's Controller and encompasses various accounting functions, including financial reporting, analysis, budgeting, general ledger management, and accounts payable.

Key Responsibilities:

  • Ensure the General Ledger is accurately maintained, with appropriate classification and recording of financial transactions.
  • Prepare and analyze financial statements and monthly reports for diverse joint venture and development initiatives.
  • Conduct operational analyses, including comparisons of budgeted versus actual expenditures.
  • Assist in the accounting for acquisitions and dispositions of various assets.
  • Review financial documents to confirm the accuracy of information and calculations.
  • Manage month-end and year-end closing processes, including comprehensive analysis.
  • Prepare reconciliations for bank accounts, fixed assets, and depreciation schedules.
  • Ensure compliance with Development Management, Loan, and Joint Venture Agreements.
  • Facilitate capital calls and manage construction loan disbursements.
  • Process invoices, including coding, support verification, data entry, and check preparation.
  • Prepare year-end 1099 forms.
  • Collaborate with joint venture partners, development teams, and general contractors regarding project billing and funding.
  • Support the Controller in meeting the requirements of external auditors.
Qualifications:
  • A Bachelor's degree in accounting with a minimum of 3 years of relevant experience; CPA designation is preferred.
  • Experience in the Real Estate and/or Construction sectors is advantageous.
  • Proficiency in Excel is essential.
  • Strong verbal and written communication skills are required.
  • Ability to manage multiple tasks and prioritize effectively.
  • Familiarity with Sage, Timberline, or other Project Management/Accounting software is a plus.
  • This is a full-time, in-office position.

About Conor Commercial Real Estate:

Conor Commercial Real Estate serves as the integrated real estate development and investment division of The McShane Companies, with a focus on master-planned industrial and office parks, medical office developments, speculative properties, build-to-suit projects, and multi-family developments across selected markets. For more information about Conor Commercial Real Estate, please visit the firm's website.



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