Senior Development/Property Accountant
2 days ago
Job description:
If you love an upbeat team culture, we are your people Finch & Daisy Consulting is currently seeking a Senior Development/Property Accountant with real estate development / construction experience to join our team. Our firm focuses on property accounting, Yardi software consulting, project management, process improvement, and team development.
Do You:
- Have 3+ years of full-cycle real estate accounting experience, including direct experience in real estate development and construction accounting?
- Have familiarity with affordable housing finance, including LIHTC, HUD, HOME, or other public/private funding sources (preferred but not required)?
- Are experienced in Yardi Voyager and advanced Excel, with proficiency in Word and Outlook?
- Take pride in delivering exceptional service and collaborating with team members who share your passion for quality and purpose?
- Excel at managing deadlines, details, and deliverables in a remote environment?
_ If so, read on for more details on this exciting opportunity._
_ Essential Duties & Responsibilities:_
Development / Construction Accounting:
- Prepare and maintain development sources and uses schedules.
- Collaborate with project managers to prepare funding draw requests and review supporting documentation.
- Verify authorization, documentation, and accuracy of payment and draw requests.
- Process lender draws, subcontractor payables, and vendor payments in accordance with approved budgets.
- Maintain detailed job cost reports and reconcile project general ledgers to approved budgets.
- Reconcile bank, bond, and loan accounts, ensuring draws align with actual project costs.
- Track construction-in-progress (CIP) and proactively identify and address budget variances.
- Oversee project cash flow, receivables, and budget-to-actual reporting.
- Prepare monthly projections, progress billings, and financial reports for management and investors.
- Ensure compliance with lender, investor, and grant requirements throughout the project lifecycle.
- Assist with cost certifications, audits, and tax filings for newly constructed and rehabilitated affordable housing projects.
- Serve as the accounting liaison between development and property management to ensure a smooth transition from construction to operations.
Property Accounting:
- Prepare accurate, timely monthly financial statements, including accruals, amortizations, and reconciliations.
- Manage cash flow, payables, and critical disbursements (mortgage, tax, insurance, etc.).
- Support budgeting, forecasting, and variance analysis for assigned properties.
- Review daily bank activity and ensure correct cash application.
- Complete complex accounting projects and research assignments independently.
- Prepare cash requests, capital calls, and owner distributions.
- Complete management fee calculations, rent-up reviews, and tenant recovery reconciliations.
- Prepare audit schedules and provide documentation for external auditors and tax preparers.
Supervisory Responsibilities
No formal supervisory responsibilities: however, this position provides mentorship, guidance and portfolio-specific training and workflow oversight to team members; viewed as a technical resource and leader by other team members.
Qualifications
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education & Experience:
- Bachelor's degree in accounting, finance, or related field; or equivalent education and experience.
- Minimum of 3 years of accounting experience with a real estate development or construction focus.
- Prior exposure to Yardi Voyager, affordable housing, and funding compliance is highly desirable.
Communication Skills:
- Excellent written, verbal, and interpersonal communication skills. Strong organizational, analysis and analytical abilities.
- Ability to effectively present information in a clear, articulate, and accurate fashion.
Financial Knowledge:
- Solid understanding of GAAP and strong analytical skills.
- Ability to calculate figures such as percentages, discounts, interest, and commissions.Requires advanced analytical and quantitative skills and the ability to conduct independent financial analysis.
Other Skills/Abilities:
- Advanced Excel and comfort with Microsoft Office Suite.
- Strong organizational skills, attention to detail, and ability to manage multiple priorities.
- Ability to handle daily responsibilities and projects and problem-solve with minimal direction in a dynamic environment.
Equal Opportunity Employer:
Finch & Daisy is committed to providing equal opportunity to all employees and applicants for employment in accordance with all applicable Equal Opportunity laws, directives and regulations of federal, state, and local governing bodies or agencies. Finch & Daisy does not discriminate against any employee or applicant on the basis of race, color, creed, religion, national origin, sex, marital status, status with regard to public assistance, membership or activity in a local commission, disability, sexual orientation or age.
Job Type: Full-time
Pay: Up to $90,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Disability insurance
- Flexible schedule
- Health insurance
- Paid time off
- Vision insurance
- Work from home
Work Location: Remote
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