Development Accountant

Development Accountant Overview

• The Development Accountant role offers a dynamic opportunity to manage accounting, budgeting, and financial reporting for development entities in a hybrid work environment.
• Collaborate with project accountants and development teams to ensure accurate financial data and timely reporting.
• Utilize Yardi accounting software and PM Web systems to streamline processes and maintain compliance.
• Engage with internal and external auditors, preparing schedules and supporting audits effectively.
• Contribute to the preparation of financial statements, including income, balance sheet, and cash flow reports.
• Work within a supportive environment with good hours and solid benefits, fostering professional growth.
• Enhance your skills in US GAAP and accounting principles while interacting with joint venture partners.
• Participate in transaction closing processes, ensuring accuracy in financial settlements and calculations.

Development Accountant Key Responsibilities & Duties

• Prepare and input monthly journal entries into Yardi general ledger system for accurate financial tracking.
• Assist in coding invoices to ensure expenditures align with general ledger accounts.
• Process funding and draw requests for projects, ensuring timely vendor payments.
• Track costs against approved budgets, maintaining financial accuracy and compliance.
• Prepare monthly bank reconciliations and resolve reconciling items promptly.
• Collaborate with auditors to support annual and interim audits, providing necessary schedules.
• Reconcile costs on Development Project Cost System to general ledger for consistency.
• Interact with joint venture partners to ensure proper accounting principles are followed.
• Perform analytical and accounting studies as assigned to support organizational goals.

Development Accountant Job Requirements

• Bachelor’s degree in Accounting or related field is required.
• 0-2 years of accounting experience; public accounting experience preferred.
• Proficiency in US GAAP and familiarity with Yardi accounting software preferred.
• Strong computer literacy, including Excel and Word, is essential.
• Certified Public Accountant (CPA) certification or in process is advantageous.
• Ability to analyze and present financial data effectively in written and verbal formats.
• Experience with construction cost audits and reconciliation processes is beneficial.
• Strong organizational skills and ability to work collaboratively across teams.
• Commitment to professional development and enhancing accounting expertise.