Real Estate Dev Accountant: Project Costs & Financing

Jobot; Silver Spring (MD); On-site; USD 85,000 - 115,000; Full time

Benefits offered by this job

401(k) match up to 5%

Yearly bonus opportunity

~20 PTO days per year

Floating holidays

Medical, dental, and vision

Job summary

Jobot seeks a Real Estate Development Accountant to support development and construction projects with a strong focus on job costing, GL management, and AR. This role covers the full project lifecycle from pre-development budgeting through construction-phase reporting, offering exposure to large-scale affordable housing developments.

Our client operates in the DC metro area with projects across DC, Maryland, and NYC.

Qualifications

• Bachelor's degree in Accounting or Finance.
• 4+ years of accounting experience in a general contracting environment ($10MM+ annual revenue).
• Strong grasp of revenue recognition and job costing.
• Hands-on experience preparing financial reports and pulling data for high-level analysis.
• Strong Excel skills; QuickBooks experience required.
• Real estate or property accounting experience preferred; LIHTC experience a plus.

Responsibilities

• Prepare and maintain pre-development budgets (land acquisition, zoning, permitting, soft costs).
• Model project pro formas, including financing costs, developer fees, and contingencies.
• Maintain general ledger accounts for pre-development and construction costs.
• Prepare draw requests for lenders and investors, with full supporting documentation.
• Track job costs by cost code (committed costs vs. actuals) and process contractor invoices/progress billings.
• Prepare monthly construction loan draw packages, including invoices, lien waivers, and compliance documents.
• Reconcile lender disbursements with recorded project costs.
• Produce monthly and development-phase financial reports for project managers, executives, and investors.
• Support variance analysis, contingency fund monitoring, and audit/compliance requests.
• Assist with ad hoc projects and process improvements as needed.

Skills

Job costing

GAAP

Excel

QuickBooks

Financial reporting

Communication

Organization

Education

Bachelor's degree in Accounting or Finance

Tools

Excel

QuickBooks

Job description

Jobot seeks a Real Estate Development Accountant to support development and construction projects with a strong focus on job costing, GL management, and AR. This role covers the full project lifecycle from pre-development budgeting through construction-phase reporting, offering exposure to large-scale affordable housing developments.

Our client operates in the DC metro area with projects across DC, Maryland, and NYC.