Accountant, Staff

7 days ago

Indianapolis, IN, United States Simon Property Group Full time
Job Location:
Corporate Indianapolis

JOB DESCRIPTION

Work in the Development Accounting department focuses on tracking costs against budget for development and pre-development projects. The primary work includes setting up the project accounting structure, budgets, tracking commitments, reviewing invoices, preparing draw requests, month-end close, monthly reporting, and setting up Fixed Assets upon completion of the project. The accountant will work with multiple home office departments and field personnel to ensure monthly reports are accurate, and to assist as needed in processing invoices and commitments. The accountant will also assist in other duties as assigned.

PRINCIPAL RESPONSIBILITIES
  • Establish project budgets in JDE once a project receives executive approvals.
  • Interact with Development, Construction, Design, Leasing, Property Management and other departments to ensure project reporting is up to date and accurate.
  • Update projected development cost spreads for reporting to company executives.
  • Maintain the general ledger accounts impacted by development activity, including setting up assets once a project is completed.
  • Prepare draw requests to partners or lenders.
  • Review of invoices to ensure they are properly approved and within budget.
  • Complete accounting month-end close tasks.
  • Interact with internal and external auditors.
  • Other duties as assigned.
WORKING RELATIONSHIPS
  • Internal contacts - Development, Construction, Leasing, Property Management, Financial Planning & Analysis, Operational Accounting, Marketing and other Home Office departments as needed.
  • External contacts - partners, lenders, tenants, and vendors.
  • Decisions - Reviewing invoices to ensure they are within budget, comply with policy and are recorded appropriately.
  • Primary challenges - Ability to analyze data and communicate with supervisor, project teams, mall staff, and tenants while under pressure to meet deadlines.
QUALIFICATIONS/EXPERIENCE
  • B.S. degree in Accounting.
  • Microsoft Excel & Word, as well as other Windows-based software preferred.
  • Strong analytical and communication skills.
  • Ability to handle multiple tasks in a timely manner

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