Development Accountant - Real Estate & HUD Programs

NRHA; Norfolk (VA); On-site; USD 65,000 - 83,000; Full time

Job summary

The Norfolk Redevelopment and Housing Authority (NRHA) seeks a Development Staff Accountant to manage financials for redevelopment projects, including acquisition/disposition, affordable housing, and tax credit properties from predevelopment through closeout.

You will collaborate with Real Estate Development, Finance, Portfolio Analytics and external partners to maintain GAAP-compliant reporting, monitor budgets, and support audits and board presentations.

Qualifications

• GAAP, fund accounting, and financial reporting knowledge required.
• Advanced Excel skills and financial data analysis.
• Experience with public housing finance or nonprofit accounting desirable.

Responsibilities

• Establish and maintain accounting records for development projects and monitor budgets.
• Prepare monthly financial statements and reconcile project accounts.
• Coordinate construction draw processing and verify payment documentation.
• Monitor loan balances and funding sources (LIHTC, HOME, CDBG, etc.).
• Ensure GAAP compliance and assist during audits and reviews.
• Support project financial feasibility analyses and closings.

Skills

GAAP knowledge

Fund accounting

Financial reporting

Excel skills

Education

Bachelor's degree in Accounting or Finance

Tools

Yardi

RealPage

Elite

Job description

The Norfolk Redevelopment and Housing Authority (NRHA) seeks a Development Staff Accountant to manage financials for redevelopment projects, including acquisition/disposition, affordable housing, and tax credit properties from predevelopment through closeout.

You will collaborate with Real Estate Development, Finance, Portfolio Analytics and external partners to maintain GAAP-compliant reporting, monitor budgets, and support audits and board presentations.