Director of Accounting - Project & Property Mixed Use
Hybrid, Chicago | $140,000 to $160,000 + Bonus & Benefits
A leading real estate investment and development firm is seeking a Director of Property & Development Accounting to oversee financial operations for a mixed-use portfolio. This is a highly visible leadership role responsible for the integrity of all accounting records, compliance with governing agreements, and development of accounting staff.
Key Responsibilities
-
Oversee accounting and administrative functions for assigned projects and entities, ensuring accuracy and compliance with GAAP and internal controls
-
Review and approve investor and lender funding requests, bank reconciliations, and cash flow projections
-
Manage treasury functions, including capital calls, distributions, reserves, and write-offs
-
Interpret and maintain compliance with legal documents such as JV agreements, loan documents, leases, and property management agreements
-
Review and analyze general ledger activity and financial statements, ensuring the integrity of monthly and quarterly reporting
-
Oversee accounting treatment of complex transactions including acquisitions, dispositions, and debt modifications
-
Coordinate and communicate effectively with internal departments and external partners
-
Lead internal and external audits, and review tax projections and supporting documentation
-
Provide strategic guidance on technical accounting and operational matters to finance and operations teams
-
Supervise, train, and mentor accounting staff; manage performance reviews and development plans
-
Identify and implement process improvements, technology enhancements, and risk mitigation strategies
-
Prepare and review ad hoc and management reports for leadership and external stakeholders
Qualifications
-
Bachelor’s degree in Accounting, Finance, or related field
-
CPA required
-
6+ years of progressive accounting experience, ideally including both public and industry backgrounds
-
3+ years of management experience
-
Experience in commercial real estate required; mixed-use or development experience preferred
-
Strong technical accounting knowledge and analytical skills
-
Excellent leadership, organizational, and communication abilities
-
Ability to manage multiple priorities and meet deadlines in a fast-paced environment
This is an excellent opportunity for an accomplished accounting leader with real estate experience who thrives in a dynamic, collaborative environment and enjoys being closely involved in the financial operations of major development projects.
#LI-CM1