Senior Development Accountant
Our client's workplace culture thrives on vibrancy, energy, and collaboration. If these qualities resonate with you, you're in the right place.
Key Responsibilities of the Senior Development Accountant:
- Utilize a strong understanding of real estate development processes, accounting principles, and financial analysis.
- Exhibit attention to detail, exceptional communication skills, and effective teamwork.
- Take ownership of monitoring the timely submission of draw packages to lenders, facilitating a smooth financing process.
What will you do as the Senior Development Accountant:
- Process, track, and submit development draw requests for multiple projects, ensuring vendors are paid promptly.
- Conduct monthly financial close, including preparing financial statement packages for multiple development projects.
- Ensure the accuracy of financial statements in accordance with GAAP and internal policies.
- Prepare monthly reports and revise budgets as necessary.
- Monitor receipt of lender and equity funding.
- Perform bank and balance sheet reconciliations.
- Handle monthly development accruals and provide accurate cost information for development valuations.
- Support month-end and year-end close processes.
- Prepare audit/tax schedules as required.
- Perform other duties as assigned.
Position Requirements of the Senior Development Accountant:
- Bachelor's Degree in Accounting required.
- Minimum 2-3 years of relevant experience handling real estate development projects.
- Experience in preparation of construction draws.
- Demonstrated knowledge of job costs, real estate accounting principles, and GAAP.
- Proficiency in real estate accounting software such as Yardi or RealPage.
- Highly organized with strong multitasking abilities.
- Experience with construction pay applications and general ledger functions.
- Experience managing closings on property transactions.
- Strong ability to reconcile accounts, and expenses, perform various analyses, and generate reports.
Don't meet every single requirement? Studies have shown that individuals are less likely to apply to jobs unless they meet every single qualification. At CFS we are dedicated to building a diverse, inclusive and authentic workplace for all our clients, so if you're excited about this role but your past experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.