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Senior Accountant - Development


Job ID 10794797 Date posted 02/05/2019 Location Chicago, Illinois Job Type Full-time - Regular

Job Summary: This position is responsible for accounting for new development project spend and ensuring construction assets are accurately recorded in company's fixed asset subledger. It will require the individual to maintain a strong relationship with our corporate development and lodge accounting teams, and develop the understanding of the business initiatives for development accounting.


  • Monitor and ensure all construction-in-progress development projects are viable with the project managers
  • Track, reconcile, prepare and submit construction draws for property development work
  • Monitor and track lien notices and appropriate lien waivers during the construction process
  • Assist FP&A with tracking capital spending in comparison to the capital budget
  • Review and approve invoices and purchase orders for all development projects ensuring the proper coding
  • Monitor and track construction project costs, ensure assets are placed in service and reclassified to appropriate fixed asset accounts on a timely basis and are assigned appropriate asset categories
  • Prepare monthly journal entries and reconciliations regarding developments in construction, ensuring that capitalization policies are in line with the internal development policy.
  • Assist in the process of the cost segregation studies on newly developed resorts and major renovations
  • Provide construction accounting-related information to external auditors
  • Responsible for ensuring project spend is accurately tracked and accounted for in construction project management software
  • Prepare standard reports and ad hoc development reporting as needed by management
  • Facilitate and complete monthly, quarterly and annual closing procedures
  • Participate in special projects assigned to construction accounting
  • Assist with establishing, implementing and documenting policies and procedures



  • Bachelor's degree in Accounting required and at least four years of relevant experience required, preferably in construction or development environment
  • Strong accounting and analytical background
  • Attention to detail -- able to complete tasks with high level of accuracy
  • Skilled at completing and recording financial transactions. Able to aid in developing information for financial statements and balance sheet reconciliations
  • Proficient in using accounting software and other applicable financial software
  • Highly skilled in Microsoft Excel -- macros, v-lookups, and pivot tables
  • High level of organization and ability to manage to deadlines
  • Additional Skills/Experience
    • Strong commitment to providing excellence in client service and a demonstrated ability of producing high quality results
    • Strong interpersonal skills are required and demonstrated ability to work collaboratively with other team members
    • Ability to adapt quickly to changing priorities
    • Team player



  • Construction accounting experience
  • Real estate and/or fixed asset accounting experience
  • Working with an ERP Accounting System preferred
  • Hospitality industry
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