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Development Accounting Manager

3 months ago

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Job DescriptionJob Description

Launched nearly 17 years ago, Foundry Commercial was created to be a different kind of real estate company. Our motto – “It’s Personal” – rings true in everything we do… we value authentic human experiences. At Foundry Commercial, there is a strong sense of community. From wellness fairs to ugly Christmas sweater parties to company fundraisers, Foundry associates lean in to support one other and the causes that are important to us. We bring a sense of teamwork, collegiality, and diversity to all that we do. At the heart of it all is trust and respect. These two things drive everything else. We have built a place where people truly know each other, celebrate together, learn together, and live life alongside each other.

At Foundry, we serve our clients best by attracting and unleashing the most talented and courageous professionals in industry, all while having fun and building a lasting impact on the broader community. Don’t just take our word for it. The best way to experience our culture is to immerse yourself in it. But be prepared - it’s contagious

Position Summary

The Accounting Supervisor for Development & Investments is primarily responsible for overseeing and managing the development accounting team and ensuring they are providing accurate financial reporting and job cost accounting for on-going development projects. This individual will be participating in the oversight, coordination and communication among internal teams and external stakeholders.

Essential Job Functions

  • Provide accounting oversight for multiple development projects; this includes job costing and general ledger activity for all development assets.
  • Review and approve accounting reports, including draw packages, reports for lenders and partners, and financial statements
  • Analyze financial information and summarize financial status of development projects, including review of costs incurred to budget and ensuring budgets are timely and accurately prepared and monitored
  • Assist in preparation of year-end audit work files, including fielding questions from auditors and tax accounting staff.
  • Manage the D&I accounting team, providing effective guidance, motivation, and management on a daily basis
  • Review, develop, document, and recommend modifications to accounting systems and procedures
  • Assist in the procurement and renewals of project insurance and bonds
  • Primary liaison between Accounting Department, Asset Management and Property Mangers to investigate and resolve issues related to project accounting for expansion projects.
  • Ensure compliance with GAAP
  • Other related duties as assigned

Education & Experience Required

  • Bachelor’s degree in Accounting or finance with minimum of 7 years of development accounting experience
  • Excellent interpersonal and communication skills, both written and verbal
  • Strong computer skills, proficient in MS Office programs
  • Experience with Yardi Job Cost software preferred.
  • People Management - Proven ability to manage people successfully.
  • Ability to maintain professionalism at all times under stressful situations
  • Planning and Organizing – Establishes a course of action to accomplish goals and evaluate results, develops schedules and task/people assignments, can orchestrate multiple activities simultaneously to accomplish goals, uses resources effectively and efficiently.
  • Dealing with Ambiguity – Can effectively cope with change and shift gears comfortably, can make decisions without having the total picture, can comfortably handle risk and uncertainty.
  • Interpersonal Savvy – Relates well to diverse groups of individuals using diplomacy and tact.
  • Sound troubleshooting skills and the capacity to fully resolve problems


Foundry Commercial is an Equal Opportunity Employer

Foundry Commercial is an equal opportunity employer and makes employment decisions on the basis of merit. We want to have the best available person in every job. It is the policy of Foundry Commercial to grant equal employment opportunities to all qualified persons without regard to race, color, creed, sex, religion, age, national origin, marital status, sexual orientation, citizenship, physical or mental disability that does not prohibit performance of essential job functions, veteran's status, or any other conditions or identifications against which discrimination is prohibited.