Staff Accountant – Fund Accounting

Job Description

Staff I Fund Accountant | The Scion Group

The Tone:
This is an early career opportunity at The Scion Group, located in Chicago, IL. The Scion Group manages real estate investment trusts, joint ventures, and holding companies. This role is crucial for supporting the daily accounting and financial reporting processes for these complex entities. It offers a recent graduate or early accounting professional the chance to build a strong foundation in real estate, fund, and joint venture accounting.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person Chicago, IL
• Pay: $68000–$78000 yearly
• Team: Fund Accounting team
• Mission: Support the accounting and financial reporting processes for joint venture entities, including Real Estate Investment Trusts (REITs), and holding companies.
• Tech Stack: Microsoft Excel, Yardi, MRI, Oracle, SAP

What You’ll Actually Do
• Daily Operations: Assist with the day-to-day accounting activities for joint venture entities, including REITs, and holding companies.
• Journal Entries: Prepare and post journal entries accurately and timely.
• Reconciliations: Support the preparation of monthly account reconciliations and investigate reconciling items, including intercompany accounts.
• Financial Reporting: Help prepare monthly, quarterly, and annual financial statements, supporting schedules, and footnote documentation.
• Audit Support: Respond to audit requests and provide supporting documentation during annual audits and interim testing.

The Must-Haves
• Background: Bachelor’s degree in Accounting, ideal for a recent graduate or accounting professional with up to one year of experience.
• Experience: 0–1 year of accounting experience, including internships.
• Skills: Understanding of basic accounting principles and financial statements, proficiency in Microsoft Excel, strong attention to detail, excellent communication, and the ability to manage multiple tasks and meet deadlines.
• Bonus: Internship experience in accounting, audit, real estate, or finance; exposure to ERP systems such as Yardi, MRI, Oracle, SAP, or similar accounting software; interest in pursuing CPA certification.