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.
Responsibilities: - 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
Qualifications:- 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
Company Benefits:- 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
