Position Description:The Staff Development Accountant will be based in the Boston corporate office and will have responsibility for the accounting and financial reporting for our Development department. This role will be a hybrid model consisting of 2 days in the office and 3 days remote per week.
This position requires 1-3 years of real estate/construction experience as project accountant; Having Requisition/Draw process is preferred;
Essential Functions:- Responsible for monthly close process
- Prepare loan draws in collaboration with the development team, track receipts by funding sources and costs by budget category
- Perform balance sheet account analysis and LIHTC basis analysis for cost certification
- Review underlying documents related to acquisition and investor entry to properly account for the transaction
- Maintain development general ledgers and sub ledgers for each property
- Prepare financial reporting with supporting schedules for monthly review with project managers
- Maintain intercompany ledgers for projects in consolidation
- Coordinate with auditors to support audit work, cost certification and tax return preparation
- Assist Senior Development Accountant with implementation and maintenance of systems and procedures
- Assist Senior Development Accountant with administration of basic tax matters
Knowledge, Skills and Abilities:- Excellence in Microsoft Office programs (Word, Excel, PowerPoint, etc.)
- Superior organizational skills and attention to detail
- Ability to communicate with co-workers in an articulate, courteous and business-like manner at all times.
- Ability to convey issues and problems clearly both in writing and orally
- Capable of working with minimal supervision and perform effectively under tight time deadlines
Education & Experience:- BS degree in Accounting or equivalent required, Advanced degree a plus
- 2 years of General Accounting experience required, Real Estate or Non-Profit a plus
- Real Estate Development Accounting experience a plus
- Experience with YARDI Accounting Package a plus
Benefits- Medical, dental, and vision insurance
- 12 Paid Holidays & tenure-based PTO accruals
- Employer contributions to Health Savings Accounts
- Company paid Life & Disability Insurance
- 403(b) retirement plan with company match
- Tax-advantage accounts: commuter/parking, medical & dependent care FSA
- Hospital & Critical Illness Insurance
- Confidential, 24/7 Employee Assistance Program
- Salary: $90-100k
