What are the responsibilities and job description for the Staff Accountant position at First Midwest Group?
*This is an on-site position in Rockford, IL*
FMG is seeking a Staff Accountant that will work closely with the CFO and Executive Team to build out an internal audit function, execute excellent financial reporting, and prepare and present financial analysis.
First Midwest Group (FMG) is a regional leader in commercial real estate, land development, and operating businesses. FMG has a dynamic and growing passive investment portfolio with investments in VC, PE, Real Estate, and Public Equities, covering five continents. First Midwest Group has developed thousands of acres of land into new business opportunities, jobs, and centers of the communities we serve. FMG distinguishes itself through its entrepreneurial environment, intellectual curiosity, financial discipline, and opportunistic investment approach.
The ideal candidate is curious about numbers, data, and business; an entrepreneurial mindset is a plus. This is an excellent opportunity to learn about a diverse range of businesses and be part of the core accounting team for a growing enterprise.
The role will get to work on all business lines of FMG, including:
- Commercial Real Estate
- Multi-Family
- Operating Businesses, including: Cannabis, Gaming, Hospitality, Self-Storage, and Senior Housing
ESSENTIAL FUNCTIONS:
The essential functions or duties listed below are intended only as an illustration of the various types of work that may be performed. The omission of specific statements of duties does not exclude them from the position if work is similar, related, or a logical assignment to the position.
Assist CFO and Controller with Maintaining Excellent Accounting Processes including:
- Producing error-free accounting reports and presenting their results
- Preparing financial statements and producing budgets according to schedule
- Supporting month-end and year-end close process
- Assisting with tax audits, tax returns, and year-end workpaper preparation
- Analyzing financial information and summarizing financial status
- Spotting errors and suggesting ways to improve efficiency and spending
- Investigating Budget Variances and Reporting Findings
- Creating and Implementing Internal Audit Processes
- Determining ways to cut costs and improve profitability
- Conducting ad hoc research into identified areas of concern or risk
- Assisting with Valuation of Assets
- Managing accounting assistants and bookkeepers
- Directing internal audits to ensure compliance with First Midwest Group standards and processes
- Developing and documenting business processes and accounting policies to maintain and strengthen internal controls
- Improving financial procedures
Supporting Leasing and Development with Financial Analysis, including Net Rent Analysis
Updating, Maintaining, and Reporting on KPIs for FMG Commercial RE Portfolio
Presenting findings to upper management in the form of reports and presentations
Construction Project Close-Outs
Project(s) Profitability Analysis
Job Type: Full-time
Pay: $65, $80,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Vision insurance
Work Location: In person
Salary : $80,000