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Simon Property Group · 3 weeks ago

Senior Accountant, Staff - Mixed Use Projects

Indianapolis, IN

Full-time

Onsite

Senior Level, Lead/Staff

Simon Property Group is a leading real estate investment trust focused on retail properties. They are seeking a Senior Staff Accountant for Mixed Use Projects to provide financial oversight and ensure accurate reporting on key development projects.

LeasingReal EstateRetail

Responsibilities

Detailed understanding of the project budget to ensure proper cost coding and reporting

Review all vendor, consultant, contractor agreements and associated change orders; ensure proper coding to job cost

Review all invoices from vendors, contractors, and consultants to ensure amounts are billed in accordance with the related contracts and supported by the required documentation, such as conditional and unconditional lien waivers from the general contractor and the subcontractors

Detailed review of the GC’s monthly billing, including the review of general conditions and general requirements to ensure proper labor rates, insurance, fees, etc

Track contract buyouts against the schedule of values and report on status of funds available to project management

Work with the team to ensure all required estimates to complete are accounted for and reported properly utilizing the available systems

Work with the Financial Reporting department to ensure proper monthly project reporting, as well as to provide recommended accruals of accounts payable

Track and report on all usage of allowances and contingencies within the GC’s contract, as well as the use of owner contingency

Review and report on potential cost exposures as they are identified

Review all proposed change orders and ensure costs/exposures are captured in periodic budget updates/forecasts

Update supplemental project schedules on a periodic basis to reflect actual committed costs, estimate to complete, projected final costs and forecasted savings / exposures

Calculate or confirm cost allocations between project scopes, as needed

Assist Financial Reporting with the preparation of any cost re-allocations that may be needed throughout the project term

Preparation of funding request packages to be submitted to municipalities, banks or partners

Review, calculate and coordinate tracking of sales and use tax, including preparation of support for tax accrual entries

Provide assistance, when needed, to internal and external audit in relation to pre-construction audits, interim audits, and post-audits

Assist project manager with the close-out process to ensure proper documentation is obtained

Prepare any final vendor reconciliations/contract adjustments at closeout to ensure project has no exposures or commitments pending

Ensure vendor, contractor and consultant insurance requirements are met and maintained

Any other tasks required to assist in the financial oversight of the project

Qualification

Bachelor’s degree in accountingConstruction audit experienceManaging finances on construction projectsGeneral contractor billing processMicrosoft software proficiencyConstruction industry software proficiencyEnergeticEnthusiasticMulti-tasking abilityInterpersonal skillsWritten communication skillsVerbal communication skillsSelf-starter