Staff I Fund Accountant – Fund Accounting

Job Description

Staff I Fund Accountant | The Scion Group

The Tone:
This is an early career accounting position at The Scion Group, located in Chicago, IL. The Scion Group is a prominent organization focusing on real estate, fund, and joint venture accounting. This role is crucial for supporting the core financial operations and reporting processes for joint venture entities, including Real Estate Investment Trusts (REITs) and holding companies, offering a foundational opportunity to gain hands-on experience in a professional accounting environment.

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 REITs, and holding companies.
• Tech Stack: Microsoft Excel, Yardi, MRI, Oracle, SAP

What You’ll Actually Do
• Accounting Activities: Assist with the daily accounting operations for joint venture entities, including REITs and holding companies.
• Journal Entries: Prepare and post journal entries accurately and in a timely manner.
• Reconciliations: Support the preparation of monthly account reconciliations and investigate any reconciling items.
• Financial Reporting: Help prepare monthly, quarterly, and annual financial statements along with supporting schedules.
• Audit Support: Respond to audit requests and provide necessary supporting documentation during annual audits and interim testing.

The Must-Haves
• Background: Bachelor’s degree in Accounting. This role is designed for recent graduates or accounting professionals seeking to build a strong foundation in real estate, fund, and joint venture accounting.
• Experience: 0–1 year of accounting experience, which may include internships.
• Skills: Understanding of basic accounting principles and financial statements, proficiency in Microsoft Excel, strong attention to detail, excellent communication and interpersonal skills, and organizational skills.
• Bonus: Internship experience in accounting, audit, real estate, or finance; exposure to ERP systems such as Yardi, MRI, Oracle, or SAP; or an interest in pursuing CPA certification.