Senior Real Estate Accountant
Job Summary
The Senior Real Estate Accountant is responsible for overseeing complex accounting functions for multiple real estate development projects and entities. This role plays a key part in financial reporting, project cost control, financing compliance, and investor reporting, while also providing assistance to the accounting staff and partnering closely with development, construction, and management team.
Key Responsibilities
Development & Project Accounting
- Oversee full-cycle accounting for multiple real estate development projects from acquisition through disposition
- Review and approve capitalization of land, construction, financing, and soft costs in accordance with GAAP
- Monitor project budgets, forecasts, and job cost reports; analyze and explain variances
- Review construction draw packages, lender requisitions, and retainage schedules
- Ensure accuracy of project close-outs and transitions to operating assets
Financial Reporting & Analysis
- Prepare and review monthly, quarterly, and annual financial statements
- Produce project-level and portfolio-level financial reports and cash flow analyses
- Assist with consolidations across multiple entities, joint ventures, and funds
- Support external audits, lender reviews, and due diligence requests
Financing & Investor Accounting
- Oversee construction loan accounting, interest accruals, fees, and covenant compliance
- Prepare and review capital calls, distributions, and investor reporting packages
- Support partnership accounting, equity tracking, and waterfall calculations
- Coordinate with internal and external stakeholders on financing and equity structures
Accounts Payable Oversight
- Review and approve vendor invoices, consultant fees, and construction costs
- Ensure payments align with contracts, budgets, and loan requirements
- Maintain strong internal controls over disbursements
Tax & Compliance
- Coordinate with external tax advisors on entity and property-level tax filings
- Support cost segregation studies, property tax filings, and sales/use tax compliance
- Ensure adherence to accounting policies, internal controls, and regulatory requirements
Leadership & Process Improvement
- Improve accounting processes, systems, and internal controls as the portfolio scales
- Assist with implementation and optimization of accounting and project management software
Qualifications
Education & Experience
- Bachelor’s degree in Accounting, Finance, or related field
- 5–10 years of accounting experience, with significant real estate development experience
- Proven experience managing complex, multi-entity and project-based accounting
Technical Skills
- Strong knowledge of GAAP and real estate development accounting
- Advanced proficiency with real estate and construction accounting systems (e.g. Sage, QuickBooks, Procore)
- AI & Data Strategy: Develop and refine spreadsheets using AI tools to automate workflows and create high-level financial models for bank and investor presentations.
- Advanced Excel skills, including financial modeling and analysis
Preferred Qualifications
- CPA or CPA-eligible strongly preferred
- Experience with joint ventures, private equity, or fund structures
- Exposure to development financing, construction lending, and investor reporting
Core Competencies
- Strong leadership and mentoring abilities
- Excellent analytical and problem-solving skills
- High attention to detail with the ability to see the “big picture”
- Strong communication skills with both technical and non-technical stakeholders
Work Environment
- Office-based with interaction with development, construction, and investment teams
- May require additional hours during reporting cycles, financings, or project milestones
- Core Values We are a driven organization that values the "Grit" it takes to succeed in construction. We operate by six core pillars:
Integrity: Doing the right thing, especially when no one is looking.
Excellence: High-quality output is our baseline.
Perseverance: Pushing through the complexities of the development cycle.
Determination: A relentless focus on the goal.
Grit: The courage and resolve to get the job done.
Family: We work hard so we can enjoy our lives. We believe in "doing what needs to be done" while fiercely protecting our time to recharge.
Pay: $60,000.00 - $80,000.00 per year
Benefits:
- 401(k)
- Health insurance
- Life insurance
- Paid sick time
Work Location: In person
