Senior Accountant - Real Estate Development

SENIOR ACCOUNTANT

Location:

Dallas, TX
Department:
Accounting

Employment Type:

Full-Time | Hybrid (3 days in-office/2 days remote)

We are excited to welcome an experienced Senior Accountant (CRE Development) to our growing team. This role requires a sharp eye for detail and focuses on supporting active development projects with accurate, timely, full‑cycle accounting—from initial budgets through project completion. As Sr. Accountant, you’ll oversee all financial management and reporting functions tied to active ground‑up development projects—ensuring accuracy, transparency, and strategic alignment across every phase of the process.

Financial Accounting & Reporting

• Lead full-cycle accounting for development and operating real estate projects across Texas, ensuring accuracy under Income Tax Basis and/or GAAP.
• Prepare and post monthly journal entries, including accruals, cost of sales, and revenue recognition for assigned assets.
• Conduct monthly general ledger reviews to validate completeness and compliance with applicable accounting standards.

Project & Stakeholder Collaboration

• Serve as the primary accounting liaison for project and development managers, providing financial insights and support.
• Partner with third‑party property management teams to reconcile monthly operating results and ensure accurate financial reporting.
• Coordinate cross‑functionally with internal teams to align on project‑related financial matters and timelines.

Financial Statements & Compliance

• Prepare comprehensive financial statements and reporting packages for lenders, joint venture partners, and internal leadership.
• Ensure timely and accurate compliance with lender reporting requirements, including monthly draw submissions and capital activity tracking.
• Manage monthly capital calls and distributions for joint venture partners, maintaining transparency and audit readiness.

Asset Management & Budgeting

• Set up and maintain fixed asset schedules; record depreciation and amortization for all operating properties.
• Support the development and refinement of annual budgets and forecasts for both operating and development projects.
• Prepare detailed Project Cost Summaries to track construction progress and budget adherence.

Investment & Transaction Accounting

• Record equity contributions, distributions, and pick‑ups for general and limited partners, including minority interest allocations.
• Oversee accounting for property acquisitions and dispositions, including waterfall calculations and journal entry preparation.
• Review and summarize transaction documents to ensure accurate financial treatment under Income Tax Basis and/or GAAP.

Strategic Support & Special Projects

• Respond to ad hoc requests and lead special projects for senior leadership, including the CFO and Controller, focusing on strategic financial insights and operational excellence.

• Degree in Accounting, Finance, Economics, or related field.
• 7+ years of accounting experience with ground‑up real estate development, operating assets, and/or partnership‑level accounting.
• Real Estate software experience:
  Yardi, Excel.

• Self‑starter with an entrepreneurial mindset; thrives in dynamic environments and pivots seamlessly across projects and priorities.
• Strong analytical and creative problem‑solving skills, with a results‑driven approach.
• Excellent written and verbal communication skills, presenting effectively to owners, equity partners, and tenants.
• Ability to work independently, managing multiple high‑priority projects simultaneously.
• Lifelong learner who applies expertise with confidence and defends analysis clearly and persuasively to investment committees.

• Competitive base plus bonus, and the unique ability to invest in the Provident Employee Fund.
• Health, Dental, Vision Insurance.
• Company‑Provided Life Insurance and Long‑Term Disability Insurance.
• 401k with company match.
• 529 College Savings Plan.
• 3 Weeks PTO.
• Paid Holidays.
• Maternity/Paternity Leave.

We are an equal opportunity employer and are committed to fostering a diverse and inclusive workplace. We consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, or any other legally protected status.

If you require a reasonable accommodation to complete any part of the application process or to perform the essential functions of the position, please contact us and let us know the nature of your request.

Please be aware of recruitment scams. We will never request personal financial information or payment at any stage of the hiring process. All legitimate communication will come from an official company email address.