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    Senior Accountant - Atlanta, United States - Searchlogic Recruiting, LLC

    Searchlogic Recruiting, LLC
    Searchlogic Recruiting, LLC Atlanta, United States

    1 week ago

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    Description

    Job Description

    Job Description


    Position: Real Estate Development Accountant

    The Senior Accountant will be responsible for the investment and partnership accounting activities for a
    set of operational and development real estate investments.

    Job Description:


    • Complete financial close, maintain financial records and prepare monthly property
    management, financial statements/ reports for owners, partners and investors.

    • Maintain job costing for assigned development projects, review construction budgets, discuss
    variances with construction management team.

    • Review and analyze the capitalization of costs and ensure compliance with the policy by
    managing the process for proper coding of construction invoices/payment applications and lien
    releases for contractors, subcontractors, and vendor invoices.

    • Prepare monthly loan draw package for CFO review, submit to lender, title company and
    partners.

    • Periodic loan compliance, if applicable.

    • Calculate and prepare capital call or distributions to partners for CFO's approval.

    • Assist property management in the annual operating budget preparation and CAM
    reconciliations.

    • Provide asset management and development support of Company investments. Including the
    coordination with Partners, third party property managers, leasing agents and legal counsel and
    assisting with due diligence requests.

    Real Estate Development Accountant Requirements:


    • Undergraduate degree in accounting or related field required.

    • Must have a minimum of 5 years' experience in commercial real estate investment and
    development

    • Understanding of real estate fundamentals, partner capital structures, waterfall distributions
    and IRRs preferred but can be taught

    • Focus on details.

    • Strong problem solving and analytical skills.

    • Strong verbal and written communication skills.

    • Proficiency in Microsoft Word and Excel; MRI and Yardi accounting software a plus

    Amazing Company Culture to further develop your skills under seasoned career professionals on the Senior Management Team. Benefits are highly competitive.

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