Accountant, Development

Overview

The Development Accountant is responsible for all accounting duties for an assigned project portfolio. This role is part of a regionally focused accounting team, collaborating with others to support department and organization-wide goals. The position requires the ability to work independently and in a team environment.

Responsibilities

• Financial Accounting: Apply generally accepted accounting principles (GAAP) to compile and analyze financial information for financial statements and accounting reports.
  • Prepare appropriate journal entries in the general ledger by checking calculations, reviewing the basis for figures, and balancing and reconciling amounts.
• Cost Accounting & Budget Management:
  • Maintain development and construction budgets across the project life cycle.
  • Complete forecasting and analyses to ensure accuracy and completeness of job cost reports.
  • Support development and construction directors with effective project budget management.
• Project Abstracts:
  • Build an understanding of underlying agreements and investment materials for assigned projects.
  • Review relevant sections to understand overall structure, including commitments, cost classifications, JV and lender requirements, and project fees.
• Customer Relationships:
  • Establish and maintain professional communication with internal and external project stakeholders.
  • Support customer satisfaction by responding to requests from external investors, lenders, and others related to financial reports and project/construction draws.
• Cash Management:
  • Manage assigned cash accounts accurately and timely.
  • Perform monthly bank reconciliations, wire transfers, deposits, and other payment processes to support timely vendor payments.
  • Work with development and construction teams to forecast cash needs.
• Collaboration:
  • Maintain professional working relationships with internal teams, including (but not limited to) Accounts Payable, Finance, Asset Management, Property Management, Development, and Construction.
• Annual Audits:
  • Serve as a liaison to internal and external auditors by explaining journal entries and financial transactions.
  • Provide requested research data and information and answer questions to help complete audits in a timely manner.

Requirements

• Bachelor’s degree in Accounting
• 1–2+ years of professional accounting experience; construction or real estate development experience preferred
• Proficient in Microsoft Excel
• Strong attention to detail and creative problem-solving skills
• Excellent interpersonal and relationship-management skills, with the ability to establish, cultivate, and maintain relationships across internal and external stakeholders
• Demonstrated ability to think critically and work independently with sound judgment and minimal oversight

Preferred Qualifications

• Construction or real estate development experience

Compensation & Benefits

• Base salary: $70,000 – $78,000
• Additional compensation:
  • Corporate positions: eligibility to participate in a quarterly or annual bonus program based on individual and organization performance.
  • Onsite property positions: eligibility to participate in weekly, monthly, and/or quarterly bonus programs.
• Benefits offered (full-time):
  • Competitive Medical, Dental, Vision, and Disability & Life insurance benefits; low (free basic) employee medical costs for employee-only coverage
  • Generous paid time off: 15 days of vacation, 4 personal days, 10 sick days, and 11 paid holidays for new hires; birthday off after 1 year of service; additional vacation accrued with tenure
  • Onsite team members may be eligible for an onsite housing discount at organization-managed communities, subject to discount and unit availability
  • 6-week paid sabbatical after 10 years of service (and every 5 years thereafter)
  • 401(k) with company match up to 6% of pay after 6 months of service
  • Paid parental leave and lifetime fertility benefit reimbursement up to $10,000 (includes adoption or surrogacy)
  • Employee Assistance Program
  • Critical illness, accident, hospital indemnity, pet insurance, and legal plans
  • Charitable giving program and benefits
• Benefits and compensation may vary for Union and Prevailing Wage roles due to Collective Bargaining Agreements and/or local governing authority.

Location

• This position may be performed remotely anywhere within the United States except the state of Alaska.

Closing Date

• Anticipated closing date: January 1, 2027 (may change based on business needs)

Equal Opportunity

The employer is an equal opportunity employer and does not discriminate based on race, color, religion, sex (including pregnancy, sexual orientation, and gender identity), national origin, age, disability, genetic information, military or veteran status, or any other protected characteristic under applicable law.

The employer will consider for employment qualified applicants with arrest and conviction records.