Senior Development Accountant
Senior Development Accountant
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Key Responsibilities
- Monthly Close & General Ledger
- Prepare timely GAAP-compliant financial statements and journal entries
- Perform detailed reconciliations for: prepaids accruals and debt/interest; fixed asset capitalization; project funding draws and cash receipts; insurance claims pay apps reserves and intercompany transfers
- Review and approve AP entries; prepare internal wire and funding approvals
- Ensure accurate classification of construction and development transactions
- Construction Draws & Reporting
- Lead monthly construction draws (internal and external sources)
- Set up draw budgets and mapping in collaboration with Project Managers
- Record and reconcile general contractor activity and retention accruals
- Maintain accurate tracking for capital contributions and equity payments
- Audit & Compliance
- Prepare year-end audit workbooks and financial packages
- Support cost audits for projects at completion
- Respond to auditor requests and manage documentation under manager guidance
- Specialized & Ad Hoc Reporting
- Support senior management and board reporting on: construction progress intercompany lending and placed-in-service milestones; predevelopment draw summaries and capital analysis
- Contribute to ad hoc financial reporting for external partners and funders
What Youll Bring
- 5 years of project accounting or real estate/construction accounting experience
- Strong understanding of GAAP; affordable housing or nonprofit experience a plus
- Excel proficiency (pivot tables VLOOKUPs reconciliations)
- Proactive mindset and ability to thrive in a deadline-driven team environment
- Excellent attention to detail and strong communication skills
- Affordable housing and/or HUD accounting experience is a huge plus
Required Experience:
Senior IC
Employment Type
Full-Time
