Development Accountant
Full-time
Genuine Search Group
We are working with a commercial real estate developer looking to hire a Development Accountant.
Responsibilities:
- Maintain and manage accounting records for multiple real estate development projects
- Track development budgets, project costs, and funding sources, ensuring expenses align with approved budgets
- Prepare monthly financial statements and variance analyses for development projects
- Monitor construction draws, process draw requests, and coordinate with lenders and investors on funding
- Record and reconcile project-related transactions including capital contributions, loan activity, and development expenditures
- Work with development and construction teams to track commitments, contracts, and change orders
- Ensure compliance with loan agreements, partnership agreements, and reporting requirements
- Support audits, tax preparation, and year-end financial reporting related to development entities
- Maintain project documentation and ensure proper accounting treatment for development costs and capitalized expenses
Qualifications:
- Bachelor’s degree in Accounting, Finance, or related field
- 3+ years of accounting experience, preferably in real estate development
- Strong understanding of development budgets, construction draws, and project cost tracking
- Experience with real estate accounting software (Yardi, MRI, etc)
- Advanced Excel skills
- Knowledge of GAAP and real estate accounting principles
Vacancy posted more than 2 months ago
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