Accounting Manager – Real Estate Development

Poverni Sheikh Group; Columbia (MD); On-site; USD 90,000 - 130,000; Full time

Job summary

Poverni Sheikh Group seeks an experienced Accounting Manager – Real Estate Development to support the Controller and senior finance leadership across a portfolio of real estate development projects and corporate entities. This role blends project-level accounting, tax preparation support, budgeting and forecasting, financial analysis, and day-to-day accounting operations.

The ideal candidate is highly organized, detail-oriented, and comfortable coordinating across multiple entities and reporting

Qualifications

• Degree in accounting or finance required; CPA preferred.
• 5+ years of progressive accounting experience, with real estate or development background.
• Experience with tax preparation for multiple entities and partnerships.
• Strong Excel skills (PivotTables, XLOOKUP, SUMIFS) and data modeling.
• Comfort working across multiple legal entities and reporting needs.

Responsibilities

• Assist month-end close, journal entries, reconciliations, and financial statement prep.
• Maintain project cost accounting: construction, soft costs, capitalization, WIP reporting.
• Support cash management, intercompany activity, distributions or funding requests.
• Contribute to policies, procedures, and auditable processes.

Job description

We are seeking an experienced Accounting Manager – Real Estate Development to support the Controller and senior finance leadership across a portfolio of real estate development projects and corporate entities. This role combines project-level accounting, tax preparation support, budgeting and forecasting, financial analysis, audit coordination, and day-to-day accounting operations.

The ideal candidate is highly organized, detail-oriented, and comfortable working across multiple legal entities, development projects, and reporting requirements. The position requires strong real estate accounting knowledge, the ability to manage competing deadlines, and the judgment to identify issues and recommend practical solutions.

Key ResponsibilitiesReal Estate Project Accounting & Operations

• Assist with month-end and year-end close activities, including journal entries, account reconciliations, accruals, and financial statement preparation
• Maintain accurate project cost accounting, including construction costs, soft costs, development fees, capitalization, depreciation, and work-in-progress reporting
• Assist with cash management, bank reconciliations, intercompany activity, and project-level distributions or funding requests
• Help maintain accounting policies, procedures, schedules, and documentation to support consistent and auditable processes.

Tax Preparation & Partnership Tax Support

• Support annual tax return preparation for multiple real estate projects, partnerships, and related entities
• Prepare and organize tax workpapers, trial balances, fixed asset schedules, capital account roll-forwards, allocation schedules, and other supporting information
• Coordinate with external tax preparers and internal stakeholders to respond to information requests and resolve open items
• Assist with tracking partner contributions, distributions, ownership changes, allocations, and other activity affecting tax reporting.

Budgeting, Forecasting & FP&A

• Support the preparation and maintenance of annual budgets, reforecasts, and long-range plans for real estate development projects
• Assist with project-level cash flow forecasts, development budgets, cost-to-complete analyses, and funding requirements
• Prepare monthly budget-to-actual reporting and investigate significant variances in costs, timing, and project performance
• Partner with development and asset management teams to update assumptions
• Support corporate budgeting and forecasting, including operating expenses, staffing, professional fees, cash needs, and other overhead categories
• Prepare recurring management reports, financial schedules, and ad hoc analyses for the Controller, CFO, and senior leadership.

Corporate Audit, Reporting & Controls

• Coordinate information gathering and schedules for the annual audit or financial review of the corporate entity
• Prepare audit support, reconciliations, confirmations, roll-forwards, and responses to auditor requests
• Assist with the preparation and review of corporate financial statements and management reporting
• Help monitor intercompany balances, debt activity and covenants, and other corporate-level reporting matters.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field
• CPA, CPA candidate, or public accounting experience strongly preferred
• 5+ years of progressive accounting experience, including experience with real estate, construction, development, partnership, or fund accounting
• Experience supporting tax preparation for multiple legal entities, partnerships, or real estate projects
• Experience with budgeting, forecasting, financial modeling, variance analysis, and management reporting
• Strong understanding of general ledger accounting, reconciliations, intercompany transactions, accounts payable, and month-end close processes
• Advanced Excel proficiency, including PivotTables, XLOOKUP, SUMIFS, and data organization; Power Query or similar tools are a plus
• Knowledge and prior experience rolling out AI systems preferred
• Strong communication, organization, judgment, follow-through, and attention to detail
• Ability to manage multiple priorities and deadlines in a collaborative, fast-paced environment