Senior Accountant

Ready to build your career at one of the nation’s leading real estate development companies? InSite Real Estate is seeking a passionate, skilled, Senior Accountant to join our accounting team. InSite is a quality-driven, growth-centered real estate development company committed to helping our employees excel through challenging but rewarding projects, competitive benefits, and charting their own career paths.

WHO WE ARE

InSite Real Estate is a nationally recognized commercial real estate development company based in Oak Brook, Illinois. Since our founding in 1988, InSite Real Estate has completed over 600 industrial, office, and retail projects in over 40 states across the nation. Throughout our decades of experience developing, owning, and operating tenant-driven investment property, we have worked on projects ranging from 2,000 SF to 2.6 million SF in size, and $1 million to $250 million in value.

Our commitment to quality, integrity, and the growth of each of our employees makes InSite Real Estate an ideal place to accelerate your career. At InSite, we believe that individual growth and satisfaction lead to company growth, and we are committed to our employees’ success and professional development. InSite’s fast-paced, collaborative, and fun company culture makes it a great place to work, and as one of the nation’s leading real estate development companies, InSite is a financially strong, and reliable employer.

RESPONSIBILITIES:Duties include, but not limited to the following: Responsible for all areas of cash management, accounts receivable, accounts payable, debt and equity as they relate to the project portfolio including entering and reviewing journal entries, payables, receipts and capital contributions and distributions. Oversee Junior Accountants including managing and reviewing their daily tasks. In charge of quarterly account reconciliations including preparation of excel schedules and calculations. Responsible for all quarter end close procedures of financial statements. Interact with other business areas (Property Management, Finance, Project Managers, etc.) and prepare business unit reports for properties as requested. Review tax calculations for each property and work closely with outside tax consultants. Review loan and lease files to ensure properties are billing and paying as directed per the source document. Coordinate monthly loan payment process including reviewing amortization schedules, re-calculating loan payments based on loan terms and setting up invoices for payment. Review current procedures for Real Estate Taxes and implement changes regarding assessment review, tracking of actual real estate tax bills, payment methods and escrow releases. Review fees charged at property level in accordance with internal fees per InSite’s fee schedule. Approve New Vendor Requests and ensure proper documentation received from vendors. Assist Accounting Team with American Express allocation to properties including establishing new expense report worksheets. Review all charges and cash receipts, obtain proper approvals and supporting documents, and ensure consistency of application. Review all vendor invoice and approve check requests by obtaining proper approvals, ensuring accuracy of coding, researching discrepancies, and attaching respective backup. Review and approve Sale and Acquisition Closing Statements and ensure accuracy of statements in accordance with respective legal documentation. Preparation of loan draw schedules and reports for submission to title company and banks Review and understand how property level information flows up to partnership level reporting and assist Controller with investment schedules and consolidated financials. Assist with setting up year-end tax work papers for each property. Review daily cash needs with Controller for all entities including immediate and projected cash needs. Assist Controller and Accounting Manager with non-recurring tasks as well as high priority daily cash needs such as internal transfers, ACH & Wire Transfers and physical checks needed.

QUALIFICATIONS:Bachelor of Science degree in Accounting required.Minimum 3-5 years of experience in Accounting (Public Accounting Preferred). Proficiency in Accounting Software Systems and Excel. Excellent communication and interpersonal skills. Ability to prioritize tasks and work in a fast-paced environment.

BENEFITS:Generous paid vacation and sick time.Medical dental, vision, life, and disability insurance (short and long term).401k plan with 5% match and immediate vesting.Voluntary benefit offerings: critical illness, accident insurance, hospital stay and pet insurance.Flexible spending accounts including dependent care.Opportunities to increase earnings through our annual incentive bonus.Fitness center on-site & discount membership to Lifetime Oakbrook.Company-paid cell phone.Personal financial planning services.Weekly ice cream during the summer.Fun company activities.Exciting and collaborative culture.Limitless opportunities for professional growth.