Development Accounting Supervisor

1 week ago

Austin, Texas, United States American Campus Communities Full time
Job Summary:

The Development Accounting Supervisor is responsible for overseeing the period-end close process for properties under development, preparing construction draws for development projects, and preparing schedules for internal and external auditors. This position will work closely with internal departments and external vendors to ensure timely processing of draw documentation and compliance with contractual funding and payment requirements.

Key Responsibilities:

• Responsible for all accounting and reporting duties related to communities under development, including monthly draws, pre-development cost reports, job cost coding review, project setup, and other related tasks.
• Main point of contact for development managers, lenders, contractors, and university construction/accounting partners to facilitate timely processing of draw documentation.
• Read and understand development agreements and ground leases to ensure compliance with all requirements for reporting and scheduling.
• Collaborate with internal team to complete period-end close process for development entities, including review of general ledger and preparation of period-end reports, journal entries, bank reconciliations, and other related tasks.
• Prepare budgets for development fee revenue, capitalized interest, depreciation, salaries for pre-development, and other items as assigned.

Requirements:

• Bachelor's degree in accounting or finance required.
• 4+ years accounting experience, preferably in development or construction accounting.
• Knowledge of GAAP and Sarbanes Oxley preferred.
• Microsoft Office Suite with proficiency in Excel.
• Excellent oral and written communication skills.
• Strong organizational, analytical, and leadership skills.
• Project and time management skills.
• Systematic, detailed, organized approach to work, with a curious, creative approach to challenges.

What We Offer:

• Competitive salary and benefits package.
• Opportunities for professional growth and development.
• Collaborative and dynamic work environment.
• Recognition and rewards for outstanding performance.

About American Campus Communities:

American Campus Communities is a leading developer, owner, and manager of high-quality student housing communities. We are committed to providing our residents with a safe, comfortable, and convenient living environment that meets their academic and personal needs. Our company culture values diversity, inclusion, and teamwork, and we are proud to be an equal opportunity employer.

How to Apply:

If you are a motivated and detail-oriented accounting professional with a passion for development and construction, we encourage you to apply for this exciting opportunity. Please submit your resume and cover letter to [insert contact information]. We look forward to hearing from you

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