Senior Accountant - Real Estate Development POST NUMBER: 458082
Our client is a nationally recognized real estate investment and development firm with a strong presence across the U.S. The company is a vertically integrated platform development, construction, and asset management.
Position Summary:
The Senior Accountant will be responsible for assisting accounting leadership in all financial reporting and accounting related services for the Corporate Accounting group. This person will handle month-end close for the division and own a portfolio of assets in various joint venture including preparing financial reporting and interacting with investors. The ideal candidate will have strong technical accounting skills, experience in real estate or construction, and the ability to thrive in a fast-paced, collaborative environment.
Key Responsibilities:
- Meet timelines in the monthly financial closing schedule.
- Reconcile and analyze various company general ledgers.
- Ensure accuracy of entries.
- Prepare monthly and quarterly financial reporting packages, including joint venture reports.
- Enter and review the proper recording, maintenance, and update of all job cost budget revisions.
- Assist in the formation and monitoring of joint ventures and transactional closings by operating agreements and/or loan agreements.
- Prepare or review joint venture construction loan draws.
- Help coordinate and prepare schedules for annual joint venture audits and tax returns.
- Assist with budget preparation and prepare monthly budget variance analysis.
- Perform balance sheet account analysis and other analytical procedures as needed.
- Coordinate with tax consultant on property taxes, sales, and use taxes and appeals.
- Document and evaluate internal controls.
- Assist with the division’s adherence to corporate policies and procedures.
- Review expense reports for accuracy and completeness.
- Work with the development team and Accounts Payable closely to organize, code, and submit vendor invoices for payments.
- Manage cash balance on bank accounts and prepare wire transfer requests.
Qualifications:
- Bachelor’s degree in Accounting required
- CPA a plus
- 3 years of progressive accounting experience; real estate or construction industry preferred and/or public accounting experience
- Strong knowledge of GAAP and joint venture accounting
- Proficient in Excel and ERP systems
- Excellent analytical, organizational, and communication skills
- Ability to work independently and prioritize multiple tasks in a deadline-driven environment
Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company’s 401(k) retirement plan.
Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.