Senior Accountant - Reporting

Reposted 10 Days Ago
Be an Early Applicant
Chicago, IL
In-Office
90K-95K Annually
Mid level
Real Estate
The Role
The Senior Fund Accountant is responsible for all accounting efforts for joint ventures, including preparing financial statements, reconciliations, and timely financial reports, while ensuring compliance with accounting standards.
Summary Generated by Built In

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

Scion is paving a path in student living and we’re seeking a talented Senior Fund Accountant to join us in executing our vision. This position will focus on the preparation, verification, and presentation of financial data for our joint ventures. This position is accountable for all aspects of accounting efforts for our joint venture entities including preparing or reviewing journal entries and reconciliations and generating timely financial reports.                  

The Senior Fund Accountant is a strategic leader who excels in a fast-paced, agile, corporate environment. This role demands principled thinking, well-honed project management skills, a stubborn refusal to settle, and an appreciation for bold innovation. 

This role is based out of our Central Office in downtown Chicago, IL and requires five days in-office. 

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

Your Responsibilities 

This Senior Fund Accountant is accountable for all aspects of accounting efforts for our joint venture entities including preparing journal entries and reconciliations and generating timely financial reports. Responsibilities include:

  • Prepare quarterly consolidated financial statements for internal and external stakeholders.
  • Prepare annual financial statements and footnotes for internal and external stakeholders.
  • Complete conversion of accounting and financial statements from US GAAP to International Financial Reporting Standards (IFRS) for external stakeholders reporting in accordance with IFRS.
  • Complete accounting for business transactions of the Real Estate Investment Trusts, holding companies in the joint venture structures, and the joint venture company (e.g., contributions, distributions, operating expenses).
  • Complete consolidations process for joint ventures.
  • Account for Scion’s investments in joint ventures.
  • Prepares balance sheet reconciliations and reviews bank reconciliations prepared by the Bookkeeper.
  • Prepare reconciliations of intercompany balances within joint venture structure.
  • Proactively monitor and achieve internal and external deadlines.
  • Effectively work with Property Accountants to resolve any property entity questions and any property entity information needed to complete tasks.
  • Respond to inquiries from external auditors of joint venture companies.
  • Continuously improve processes to address inefficiencies or ineffectiveness.

The responsibilities listed above may not be all inclusive.

What We Require

  • Bachelor’s degree in Accounting
  • 3-5 years of professional accounting experience
  • Obtained or pursuing CPA preferred.

Operational Details

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

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 Senior Accountant / Fund Accountant / Public Accounting / Public Accountant / Accounting 

The base salary range for this full-time position is base + 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.

Illinois Pay Range
$90,000$95,000 USD

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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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