Project Accountant, LEFT LANE Development

Recess Hotels; New York (NY); On-site; USD 90,000 - 130,000; Full time

Job summary

LEFT LANE Development is seeking a detail‑oriented accounting professional to manage the full financial life cycle of active development projects. You will work closely with the VP/Controller on construction through stabilization across a multi‑entity portfolio, ensuring accurate reporting and strong internal controls.

The ideal candidate has 4+ years of accounting experience in real‑estate development, strong GAAP knowledge, and a passion for process improvement.

Qualifications

• Bachelor's degree in Accounting.
• Minimum 4 years of accounting experience, with a focus on real‑estate development.
• Strong knowledge of GAAP and real‑estate accounting principles.
• Excellent analytical and problem‑solving skills.
• Exceptional attention to detail and accuracy.
• Strong communication and interpersonal skills.
• Ability to work independently and collaboratively within a fast‑paced team.
• Proficiency in Microsoft Excel.
• Demonstrated curiosity and enthusiasm for process improvement.

Responsibilities

• Lead month‑end and year‑end close processes for development projects, including journal entries, reconciliations, and financial reporting.
• Track and report on project costs, including construction and land acquisition costs.
• Support lender reporting and requisition packages, coordinating with project managers and external stakeholders to meet draw deadlines.
• Monitor project cash flows and flag funding gaps or timing issues.
• Review and code vendor invoices, coordinate with outsourced accounts payable, and resolve discrepancies.
• Assist with audit preparation, external auditor requests, and year‑end workpapers.
• Manage and reconcile intercompany accounts across a multi‑entity portfolio.
• Identify and implement process improvements in financial reporting workflows and accounting procedures.
• Handle various administrative and record‑keeping tasks.

Skills

GAAP knowledge

Real‑estate accounting

Analytical skills

Communication skills

Excel proficiency

Education

Bachelor's degree in Accounting

Tools

Yardi Voyager

Sage Intacct

Microsoft Excel

Job description

About LEFT LANE

LEFT LANE Development is a vertically integrated private equity real estate firm focused on the conversion of historic office buildings into luxury multifamily and hospitality assets across high-growth secondary markets. We own and operate two independent hotel brands, Bardo and Recess, and maintain an active development pipeline across Savannah, Memphis, Pittsburgh, Providence, Phoenix, and Bozeman. Our portfolio is valued $1B+ and manages $225M in capital.

The Role

This is a high‑visibility role with direct exposure to firm leadership and cross‑entity operations. You will work closely with the VP/Controller on the full financial life cycle of active development projects, from construction through stabilization, across a portfolio of complex, multi‑entity real estate ventures. The right candidate is detail‑oriented, intellectually curious, and genuinely interested in building expertise in real‑estate development accounting.

What You'll Do

• Lead month‑end and year‑end close processes for development projects, including journal entries, account reconciliations, and financial reporting.
• Track and report on project costs, including construction expenditures, land acquisition costs, and development‑related spending.
• Support lender reporting and requisition packages, coordinating with project managers and external stakeholders to meet draw deadlines.
• Monitor project‑level cash flows and flag potential funding gaps or timing issues.
• Review and code vendor invoices, coordinate with outsourced accounts payable, and resolve discrepancies.
• Assist with audit preparation, external auditor requests, and year‑end workpapers.
• Manage and reconcile intercompany accounts across a multi‑entity portfolio.
• Identify and implement process improvements in financial reporting workflows and accounting procedures.
• Handle various administrative and record‑keeping tasks as assigned.

Required Qualifications

• Bachelor's degree in Accounting
• Minimum 4 years of accounting experience, with a focus on real‑estate development
• Strong knowledge of GAAP and real‑estate accounting principles
• Excellent analytical and problem‑solving skills
• Exceptional attention to detail and accuracy
• Strong communication and interpersonal skills
• Ability to work independently and collaboratively within a fast‑paced team
• Proficiency in Microsoft Excel
• Demonstrated curiosity and enthusiasm for process improvement

Preferred Qualifications

• Master's degree and/or CPA certification
• Familiarity with AIA billing processes and construction draw cycles
• Experience with Yardi Voyager or a comparable real‑estate accounting platform
• Familiarity with Sage Intacct
• Experience working within a multi‑entity fund structure