Assistant Controller - Property Accounting Focus - ICRED

Assistant Controller

Reports to: Controller

Location: Oak Brook, IL

Employment Status: Regular, Full Time

Who We Are

Founded in 1968 and centrally located in Oak Brook, IL, the Inter Continental Real Estate and Development (ICD) family of companies is a diverse group of operating entities, all of which are well capitalized, with primary emphasis in the following industries; real estate and development related services, banking and financial related services, leisure and entertainment facility management.

What You’ll Be Doing

The Assistant Controller will play a critical role in overseeing the financial operations related to our property management activities. This includes maintaining accurate financial records, preparing financial reports, assisting with budgeting and forecasting, and ensuring compliance with all relevant regulations. The ideal candidate will have a strong background in accounting, exceptional organizational skills, and a proactive approach to problem-solving.

Working closely with our Corporate Controller and CFO, you may be responsible for the following functions including but not limited to:

• Oversee daily accounting operations related to property management, including accounts payable, accounts receivable, and general ledger maintenance for company-owned properties.
• Prepare and review monthly, quarterly, and annual financial statements and reports.
• Assist in the development and implementation of financial policies and procedures to ensure efficiency and compliance.
• Manage the annual budget preparation process and provide ongoing support for budget monitoring and forecasting.
• Conduct regular reconciliations of bank accounts, tenant ledgers, and other key financial accounts.
• Collaborate with property managers to ensure accurate and timely rent collections, lease accounting, and expense reporting.
• Monitor cash flow and manage liquidity to ensure the financial health of the property management division.
• Assist with internal and external audits, providing necessary documentation and responding to audit inquiries.
• Maintain up-to-date knowledge of relevant accounting standards, regulations, and best practices.
• Provide support for special projects and perform other duties as assigned by the Controller or CFO.

• Excellent analytical skills and attention to detail.
• Strong organizational and time management skills, with the ability to prioritize tasks and meet deadlines.
• Effective communication and interpersonal skills, with the ability to work collaboratively in a team environment.

• Bachelor’s degree in Accounting, Finance, or a related field; CPA or CMA certification a plus, but not required.
• Minimum of 5 years of accounting experience, with at least 2 years in a property management or real estate environment.
• Strong understanding of GAAP and other relevant accounting principles.
• Proficiency in accounting software (MS Dynamics Great Plains is ideal!) and Microsoft Office Suite, particularly Excel.
• Experience working in a family-office is preferred with the adaptability and flexibility to shift projects and balance priorities.

Our Commitment

Inter Continental Real Estate and Development Corporation fully supports the enhancement of Diversity, Equity, and Inclusion in our most import asset . . . Our People.

What We Offer

As a commitment to your physical, emotional, and financial wellbeing, we are proud to offer a comprehensive benefits package as part of your overall compensation, including:

·Health, dental, and vision insurance with tax-advantaged FSA and HSA account options

·Retirement benefits including 401k plan with attractive employer match

·Regular work week (Monday-Friday) and paid vacation/sick days to rest and recharge

·Childcare assistance program to support working parents and their eligible dependents

·Parental Leave for both primary and secondary caregivers

·Short-term and long-term disability coverage for long-term financial stability

·Basic Life and AD&D insurance with elective additional coverage for you, your spouse, or children

·Mental wellness benefits including bank-paid Headspace meditation app subscription and access to our Employee Assistance Program

To learn more about ICD, please visit our website at: http://www.icred.com/