Senior Development Accountant

Overview

The Senior Development Accountant performs various duties to support the accounting function's goal of timeliness and accuracy, including reviewing journal entries, preparing bank reconciliations, conducting general ledger analysis, comparing budgets, and generating monthly financial reports. This role ensures proper accounting in accordance with GAAP and reviews financial reporting packages to meet internal and external requirements as applicable. It is accountable for meeting deadlines set by the manager, payroll, government, and other reporting authorities.

Additionally, this role supports real estate construction management and development projects, tracking costs, processing draws and payments, and reconciling construction accounts. The position may also involve training and mentoring other accountants during new initiatives and communicating global processes and procedures to the department.

• Perform the accurate and timely review and completion of the annual financial statement audits.
• Collaborate with the Director/Manager in the preparation of year‑end financial statements and accompanying notes to financial statements, updating the financial statement notes for all relevant disclosures, including new GAAP disclosures.
• Prepare accurate and timely work papers as needed by the auditors.
• Respond to questions from the auditors during interim and year‑end sessions, ensuring all comments are addressed promptly.
• Prepare and review general ledger analysis and entries as required.
• Provide an accurate and timely review of the periodic financial reporting packages sent to the military branches of a portfolio of military housing PPP properties.
• Prepare the monthly/quarterly financial statements.
• Review and approve Accountant and/or Accounting Clerk duties for timeliness and accuracy.
• Assume responsibility for the monthly closing of a portfolio of military housing properties, including general ledger account reconciliations and bank account reconciliations.
• Assist Property Management in implementing new systems and processes and with accounting matters during close and reporting.
• Comprehend and interpret legal documents related to the portfolio of properties.
• Assist the Director/Manager with project cost tracking functions, including budgeting and forecasting, draw reviews/preparation and payment processing, monitoring and reporting on project cash flow projections, and preparing reconciliations of construction management and/or development accounts.
• Liaise with Project Managers and Construction Administrators to promote robust contract management practices and ensure accurate documentation, timely contract modifications, and consistent verification of financial compliance throughout all phases of the construction and/or development project lifecycle.
• Oversee the migration and mapping of financial data for construction and/or development project reporting, maintaining data integrity, traceability, and compliance with funding requirements.
• Review construction and/or development fee calculations for accuracy, as well as allowable reimbursements for general conditions.
• Assist in research and accounting for complex transactions related to the military housing PPP properties such as debt and equity, conveyance of assets by the military, repair and replacement funds, demolition, construction, capitalized interest, and rehabilitation work, recapitalization projects, lease‑up and operating phases, cash waterfalls and coordination with the Lockbox Agent and Asset Management, and adherence to Restricted Use requirements for cash and other assets.
• Work with others in the organization to achieve consistency in accounting, reporting, system, and process implementation.
• Respond to requests from other departments as needed (asset management, corporate accounting, Tax, Finance, etc.).
• Perform additional analysis and communicate findings to assist leaders in making informed business decisions.

• Bachelor's degree in accounting (required).
• CPA or CPA eligible (preferred).
• 4–6 years of experience for the Senior Development Accountant (required).
• Prior experience managing others (preferred).
• Experience…