Senior Development Accountant

We are seeking a Senior Development Accountant to manage financial accounting and reporting for a portfolio of affordable housing development projects through all phases — pre-development, construction, and post-closing through stabilization and debt conversion. The right candidate brings proven experience with construction draws, cost certifications, and compliance with both public and private financing requirements, including LIHTC. Responsibilities Project Accounting & Reporting Maintain accurate and timely accounting records for assigned projects. Enter and review project budgets, vendor contracts, and change orders in Yardi. Review and approve invoices, ensuring proper classification and supporting documentation. Monitor invoice aging, manage cash flow, and coordinate with development teams to verify services and materials before payment. Reconcile project bank accounts and key balance sheet accounts (cash, AP, loans, equity, construction in progress, intercompany). Prepare monthly and quarterly project financial statements and budget-to-actual reports. Maintain detailed support schedules (development budgets, sources & uses, loan balances, investor equity contributions, contingencies, developer fee schedules, and cash needs). Prepare and submit monthly construction draws to lenders, investors, and public funders. Work with development teams, contractors, and lenders to resolve draw issues. Manage the Notice to Owner (NTO) log: verify contract amounts, work performed, and payment status; coordinate on potential lien claims; track lien waivers and manage payment releases. Project Phases Finance Close: Prepare closing draw, coordinate closing documents, record final budgets, and funding sources in Yardi. Lease-Up: Track and include operating invoices incurred during lease-up in construction draws. Stabilization/Conversion: Prepare cost schedules for auditors, reconcile G/L with final sources and uses, manage cash flow needs during stabilization, request funds for ongoing costs, and assist with cost certification packages. Qualifications Bachelor's degree in Accounting, Finance, or related field. 5+ years of accounting experience, including 3+ years in real estate development accounting (LIHTC strongly preferred). Experience preparing construction draw packages and working with development budgets. Advanced Excel skills and proficiency with Yardi Voyager. Exceptional attention to detail and accuracy. Strong analytical and problem-solving skills. Excellent organizational and time management abilities. Effective communicator with cross-department collaboration skills. Ability to manage multiple projects and competing deadlines. #J-18808-Ljbffr