Accounting Manager
5 days ago
Accountant
Job Description
About the Job:
Bode is a well-established vertically integrated multi-family developer with in-house design, construction, and property management based in the Seattle area since 1990. We focus on multi-family housing for emerging middle-class tenants. Our projects enable workers from a variety of fields to live in attractive, urban and suburban environments with proximity to transportation and amenities. We are rapidly growing, changing, and improving every aspect of our business.
We currently manage approximately 1,100 units across multiple properties, have four properties under construction (about 80 to 135 units each), and seven in the permitting process (150-300+ units each). We have an aggressive but achievable goal of 25,000 units by 2030 as the first installment in the larger vision. Bode is vertically integrated and primarily self-performs design, construction, and property management. We work to harmonize these activities via virtual design, building information management, and technologies for our prefab manufacturing.
The ideal candidate will be a long-term team player with a proven track record of success with 5 years of experience in the Real Estate/Development and/or Construction Industries. Knowledge of Appfolio experience is preferred.
The Financial Accountant will be integral to the accounting team’s success as it will work on Acquisitions, Project Accounting, and Property Management Accounting. This role works closely with and reports directly to the Managing Director.
Financial Accountant Duties:
Prepare monthly financial statement packages for corporate and project entities including financial statements, cash flows, and supporting working papers.
Responsible for understanding partnership agreements and partner/investor waterfalls for income, fees, and cash flow distributions.
Ensures all financial reports are prepared in a timely and accurate manner, including allocations and expense/revenue accruals. Prepares and presents financial statements and related reports (including but not limited to balance sheets, income statements, cash-flow reports/projections, and variance analysis).
Project Accounting: Prepares and enters all project job cost and journal entries necessary to maintain budget cost categories and ledger accounts to reflect financial activity and balances accurately.
Responsible for the cash management and oversight of each development project and a related entity, including the processing of wires, transfers, and collection of fees, loan disbursements, and equity contributions.
Responsible for accounting oversight and maintenance of the general ledger for entities associated with development projects.
Assist in annual audit requirements and ad-hoc reporting requirements.
Assist in all lending reporting requirements.
Prepare and maintain monthly proformas, bank draws, budgets & forecasts.
Effectively communicate with the development, construction, and property management teams.
Financial Accountant Qualifications:
Bachelor’s degree in Accounting or Finance preferred or relevant accounting experience
5+ years accounting-related experience
Experience managing a diverse team in multiple locations
Property Management Software, Appfolio Software preferred
Proficient in Google Suite programs.
Benefits and Appreciation:
Medical, Dental & Vision insurance
401k
Unlimited PTO
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