Accountant, Real Estate Development

Accountant, Real Estate Development

Position Title:

Accountant, Real Estate Development

Company:
Reef Capital

Salary: $75,000-$90,000

Location:

Lehi, UT;
Hybrid

Position Summary:

The Accountant, Real Estate Development supports full-cycle accounting across a portfolio of real estate development entities and operating real estate investments, with exposure to multi-entity consolidations, GAAP reporting, and intercompany/related-party transactions. This role works closely with the Controller and reports into the broader accounting team, gaining hands-on experience with special-purpose entities while building toward greater ownership of the close and reporting process.

• Maintain day-to-day accounting for assigned real estate development entities and operating real estate investments, including entities within a joint venture or SPE structure
• Prepare monthly, quarterly, and annual financial statements in accordance with GAAP, including standard elimination entries for intercompany transactions, under the review of the Controller
• Support accounting for real estate-specific transactions under ASC 360 (Property, Plant & Equipment) and ASC 842 (Leases), including capitalization of development costs and lease classification
• Perform month-end close tasks for assigned entities, including journal entries, account reconciliations, and supporting schedules
• Assist in preparation of year-end tax financial statements, helping coordinate information requests from external tax preparers
• Manage intercompany and related-party billing tasks, ensuring proper documentation for shared services, management fees, and cost allocations
• Issue invoice payments and help monitor cash positions across the entity structure
• Prepare ad hoc reporting and data summaries for management as needed
• Identify opportunities to improve and automate recurring reports and close-related processes
• Participate in special projects and perform other duties as assigned

• Bachelor's degree in accounting is required
• 2-4 years of progressive accounting experience, with meaningful exposure to real estate development and construction
• High attention to detail, strong organizational skills, and ability to manage multiple entities and deadlines simultaneously
• Excellent written and verbal communication skills, with the ability to collaborate across accounting, construction, asset management, and investment teams
• CPA license or active pursuit of CPA licensure a plus, not required
• Experience or interest in utilizing AI tools

• 401(k) Plan with Company Match
• Generous Health Plan with HSA Match
• Flexible Paid Time-off
• Daily Company Lunches
• Cell Phone Service Allowance
• Discounts at Company-owned Resorts and Golf Courses