Development Accountant

Development Accountant 3.8 3.8 out of 5 stars Atlantic | Pacific Companies is a dynamic industry leader, with a growing and diverse portfolio of properties throughout Florida, Georgia, Texas, California, North Carolina, and Washington, D.C. We are looking for passionate people who enjoy challenges and helping others. Does this sound like you? Join us!

ACCOUNTING RESPONSIBLITIES

Responsible for the full accounting operations of multiple LIHTC multi- family development projects from pre development to stabilization. Prepare monthly journal entries, bank and sub-journal reconciliations, reconcile Work in Progress activity to financial draw model, intercompany reconciliations and other Loan/Equity reconciliations. Prepare and submit monthly draws to various institutions for funding. Troubleshoot draw funding issues with Lenders/Development/Construction Managers. Preparation of monthly financial statements to include Balance Sheet and Work in Progress reconciliations. Work with independent CPA firm to assist with various agreed upon engagements such as 10% test, Cost Certifications, Debt Service analyses and annual financial audits. Also assist with year- end tax work. Manage project cash flow. Provide ad-hoc reporting and specials analyses as required by management

DESIRED SKILLS AND EXPERIENCE

Ideal candidate must be a strong and organized leader that works well in a high pace and demanding development environment. Must have strong analytical and problem solving abilities. Attention to detail and be responsive to senior management requests. Excellent verbal and written communication skills are a must.

Other requirements include:

Bachelor's Degree in accounting required 3+ years working in an accounting capacity for a Real Estate Developer preferably in the affordable/LIHTC industry. This would include experience with job cost accounting and financial reporting. Experience with GAAP reviewsaudit procedures. Full competency with industry standard accounting platforms preferably with Yardi experience. Strong Excel skills are a must. For more information, please visit

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Disclaimer:

The tasks and responsibilities listed are not the only ones applicable to the positions