SENIOR ACCOUNTANTREAL ESTATE DEVELOPMENT
📍 Location: Dallas, TX
🏢 Department: Accounting
🕒 Employment Type: Full-Time | Hybrid (3 days in-office/2 days remote)
Position Overview:We are excited to welcome an experienced Senior Accountant (CRE Development) to our growing team. This role requires a sharp eye for detail and focuses on supporting active development projects with accurate, timely, full-cycle accounting-from initial budgets through project completion.
As Sr. Accountant, you'll oversee all financial management and reporting functions tied to active ground-up development projects-ensuring accuracy, transparency, and strategic alignment across every phase of the process. This is an outstanding opportunity to join a well-established, growing company where collaboration, shared success, and integrity aren't just valued-they're part of the dress code. We value talent and offer a platform for your professional development.
Key Responsibilities:📊
Financial Accounting & Reporting- Lead full-cycle accounting for development and operating real estate projects across Texas, ensuring accuracy under Income Tax Basis and/or GAAP.
- Prepare and post monthly journal entries, including accruals, cost of sales, and revenue recognition for assigned assets.
- Conduct monthly general ledger reviews to validate completeness and compliance with applicable accounting standards.
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Project & Stakeholder Collaboration- Serve as the primary accounting liaison for project and development managers, providing financial insights and support.
- Partner with third-party property management teams to reconcile monthly operating results and ensure accurate financial reporting.
- Coordinate cross-functionally with internal teams to align on project-related financial matters and timelines.
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Financial Statements & Compliance- Prepare comprehensive financial statements and reporting packages for lenders, joint venture partners, and internal leadership.
- Ensure timely and accurate compliance with lender reporting requirements, including monthly draw submissions and capital activity tracking.
- Manage monthly capital calls and distributions for joint venture partners, maintaining transparency and audit readiness.
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Asset Management & Budgeting- Set up and maintain fixed asset schedules; record depreciation and amortization for all operating properties.
- Support the development and refinement of annual budgets and forecasts for both operating and development projects.
- Prepare detailed Project Cost Summaries to track construction progress and budget adherence.
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Investment & Transaction Accounting- Record equity contributions, distributions, and pick-ups for general and limited partners, including minority interest allocations.
- Oversee accounting for property acquisitions and dispositions, including waterfall calculations and journal entry preparation.
- Review and summarize transaction documents to ensure accurate financial treatment under Income Tax Basis and/or GAAP.
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Strategic Support & Special Projects- Respond to ad hoc requests and lead special projects for senior leadership, including the CFO and Controller, with a focus on strategic financial insights and operational excellence.
Experience Requirements:- Degree in Accounting, Finance, Economics, or related field.
- 7+ years of accounting experience with ground-up real estate development, operating assets, and/or partnership-level accounting.
- Real Estate software experience: Yardi, Excel.
Core Capabilities:- Self-starter with an entrepreneurial mindset; thrives in dynamic environments and pivots seamlessly across projects and priorities.
- Strong analytical and creative problem-solving skills, with a results-driven approach.
- Excellent written and verbal communication skills, with the ability to present effectively to owners, equity partners, and tenants.
- Ability to work independently, managing multiple high-priority projects simultaneously.
- Lifelong learner who applies expertise with confidence and defends analysis clearly and persuasively to investment committees.
Compensation & Benefits:- Competitive base plus bonus, and the unique ability to invest in the Provident Employee Fund
- Health, Dental, Vision Insurance
- Company-Provided Life Insurance and Long-Term Disability Insurance
- 401k with company match
- 529 College Savings Plan
- 3 Weeks PTO
- Paid Holidays
- Maternity/Paternity Leave
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