Development Accounting Senior Accountant | Hybrid Growth

CFS; Houston (TX); Hybrid; USD 110,000 - 120,000; Full time

Job summary

CFS is seeking a Senior Accountant – Development Accounting to lead development accounting for multiple ongoing real estate and construction projects in a fast-growing portfolio. The role involves managing project draws, tracking costs, and ensuring accurate month-end close while coordinating with project teams and lenders.

You will work in a hybrid environment, collaborating closely with senior accounting leadership and key decision-makers to drive results on hyperscale data center developments

Qualifications

• Bachelor's degree in Accounting or Finance is required.
• 2–3+ years of development accounting experience in CRE or similar project-based environments.
• Hands-on experience managing project draws and related processes.

Responsibilities

• Manage the full project draw process, including funding requests and draw packages.
• Perform development accounting for multiple active real estate and construction projects.
• Track project costs, budgets, capital expenditures, and project allocations.
• Prepare journal entries, reconciliations, and support month-end close.
• Review and process construction invoices with project teams and vendors.
• Support financial reporting, cash flow planning, and lender/investor reporting requirements.

Skills

Development accounting

Project draws management

Education

Bachelor's degree in Accounting or Finance

Tools

Yardi

Job description

CFS is seeking a Senior Accountant – Development Accounting to lead development accounting for multiple ongoing real estate and construction projects in a fast-growing portfolio. The role involves managing project draws, tracking costs, and ensuring accurate month-end close while coordinating with project teams and lenders.

You will work in a hybrid environment, collaborating closely with senior accounting leadership and key decision-makers to drive results on hyperscale data center developments