Corporate Accountant

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Chicago, IL, USA
In-Office
Real Estate
The Role

Want to learn more about The Scion Group? Check out our website.

We're hiring immediately!

We are interested in every qualified candidate who is eligible to work in the United States. However, we are not able to sponsor visas.

Your Opportunity

The Scion Group strives to create an extraordinary living and learning environment through our passion for customer experience and strong partnerships in our communities. The Corporate Accounting team plays an integral part in this journey by providing financial reporting, which influences organizational and business decisions.

The Corporate Accountant will apply their dedication for accuracy to review preparation, verification, and presentation of financial data for our corporate entities. This position is accountable for all aspects of accounting efforts for our corporate entities including preparing journal entries, generating timely financial reports, and working with internal and external stakeholders. The Corporate Accountant is accountable for delivering high-impact analytics, while identifying opportunities to improve processes.

This position is based out of our corporate headquarters in Chicago, IL.

Your Responsibilities

  • Record journal entries for cash receipts and other cash activity.
  • Apply cash receipts to open receivables and maintain the reconciliations for accounts receivable GL accounts.
  • Record revenue for property management fees and asset management fees.
  • Maintain the prepaid expenses reconciliation and record monthly amortization journal entries.
  • Prepare files to load fixed assets to fixed asset software and record journal entries for depreciation.
  • Ensure that all bank statements are reconciled on a timely basis and follow-up on old outstanding checks and reconciling items monthly. Reconcile components of ending cash balances monthly.
  • Reconcile cash transfer account at least weekly and follow up on uncleared items.
  • Maintain loan schedules as needed.
  • Prepare balance sheet account reconciliations and workpapers, following up on aged, uncleared transactions.
  • Accounting for payroll and employee benefits costs.
  • Prepare variance analysis for corporate departments to ensure we understand what’s driving variances from budget or forecast.
  • Assist with annual audit by providing account reconciliations and journal entry support to auditors.
  • Assist with the annual budget and forecast processes.
  • Ensures costs are allocated and billed to properties in accordance with management agreements and property budgets.
  • Works with Treasury Analyst to monitor cash balances for Scion Group and properties managed, process cash transactions and other treasury responsibilities as needed.

The responsibilities listed above are not all inclusive.

What We Require

  • Bachelor’s degree in accounting with 1-3 years of professional work experience in corporate accounting or an equivalent combination of education and experience.
  • Accounting internship experience preferred.
  • Highly developed interpersonal, written and verbal communication skills.
  • Approaches cross-departmental relationships with a customer service mentality and works well with associates of all levels. 
  • Advanced experience in Excel and Microsoft Office.
  • Strong organizational, problem-solving, and analytical skills.
  • Acute attention to detail.
  • Works well independently and as a member of various teams.
  • Manages multiple projects and meets goals and deadlines timely and consistently.
  • Requires minimal guidance to accomplish general tasks.
  • Versatile, flexible, and thrives in an environment where there are changing priorities.
  • Commitment to excellence and high standards.
  • Pursuing CPA is a plus.

Operational Details

  • Job location is based at Scion headquarters in Chicago, IL
  • Working hours are general daytime business hours

Your Benefits

  • FLSA Status Exempt
  • Discretionary annual bonus
  • Paid Time Off
  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • 401k Matching
  • Paid Maternal Leave
  • Parental Leave
  • Learning reimbursement opportunities

The base salary range for this full-time position is $70,000-$80,000+ bonus + benefits. Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific salary range for your preferred location during the hiring process.

The Scion Group LLC provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, religion, creed, national origin, color, gender, sex, sexual orientation, gender identity or expression, age, physical or mental disability (as long as the employee/applicant is otherwise qualified for the job with or without a reasonable accommodation), genetic information, HIV/AIDS status, marital status, uniformed service, veteran status, pregnancy or other legally protected status or category under federal or state law. The Scion Group LLC complies with applicable state and local laws governing nondiscrimination in employment in all locations in which the Company has properties. This policy applies to all terms and conditions of employment, including hiring, placement, promotion, termination, layoff, recall, transfers, leaves of absence, compensation, training and other terms and conditions of employment. The Scion Group LLC is committed to the principles of equal employment opportunities.

IND-B #wearehiring #werehiring Corporate Accountant / Accountant / Accounting

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The Company
Chicago, IL
653 Employees
Year Founded: 1999

What We Do

Scion is the largest privately-held owner/operator of student housing communities in the United States. The company’s current portfolio includes 87 properties comprised of approximately 58,700 beds, mostly off-campus but also including management of two university-affiliated communities. Scion has focused exclusively on the student housing sector since its inception in 1999 as an advisor, owner and operator, and has invested in more than $6 billion of student housing projects

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