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 to support department and organization-wide goals. The position requires the ability to work independently and as part of a team.
Responsibilities
- Financial Accounting: Apply generally accepted accounting principles (GAAP) to compile and analyze financial information into financial statements and accounting reports; prepare appropriate general ledger journal entries by checking calculations, reviewing figure basis, and balancing/reconciling.
- Cost Accounting & Budget Management: Maintain development and construction budgets across the project life cycle; complete forecasting and analysis to ensure accurate and complete job cost reports; assist development and construction directors in managing project budgets.
- Project Abstracts: Build understanding of assigned project agreements and investment materials, including relevant sections such as commitments, cost classifications, JV and lender requirements, and project fees.
- Customer Relationships: 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, project information, and construction draws.
- Cash Management: Accurately and timely manage assigned cash accounts; perform monthly bank reconciliations, wire transfers, deposits, and other payment processes to ensure vendors are paid on schedule; work with development and construction teams to forecast cash needs.
- Collaboration: Build effective working relationships with other departments, 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 research data and information as requested and answer questions to support timely audit completion.
Qualifications
- Bachelor’s degree in Accounting
- 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, work independently, and exercise sound judgment with minimal oversight
Preferred Qualifications
Construction or real estate development experience
Compensation & Benefits
Base salary: $73,000 - $78,000.
Additional compensation may include:
- Corporate positions: eligibility to participate in a quarterly or annual bonus program based on individual and company performance.
- Onsite property positions: eligibility to participate in weekly, monthly, and/or quarterly bonus programs.
Robust benefits offered (for full-time employees):
- Competitive Medical, Dental, Vision, and Disability & Life insurance; low (free basic) employee medical costs for employee-only coverage, with costs discounted after 3 and 5 years of service
- Generous Paid Time Off: 15 days of vacation, 4 personal days, 10 sick days, and 11 paid holidays for new hires; plus birthday off after 1 year of service; additional vacation accrued with tenure
- For onsite team members: onsite housing discount at company-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
Note: For Union and Prevailing Wage roles, compensation and benefits may vary 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.
Additional Information
- The employer will consider for employment qualified applicants with arrest and conviction records.
- This employer is an equal opportunity employer.
- Anticipated closing date: January 1, 2027 (subject to change due to evolving business needs).