Real Estate Development Accountant

Alta Developers; Miami (FL); On-site; USD 80,000 - 110,000; Full time

Job summary

Alta Developers is seeking an Accountant with real estate development experience to maintain accurate financial records, support project teams, and manage lender draws for multiple development entities. The role requires expertise in Yardi Voyager, construction draw processing, job cost accounting, and GAAP financial statement preparation; strong Excel skills are essential for reporting.

This is a full-time on-site opportunity in Miami, offering growth in a hands-on environment with

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum of 5 years of accounting experience in real estate development, construction, or related industries.
• Experience with Yardi Voyager or a comparable real estate accounting system.

Responsibilities

• Manage the full accounting cycle for multiple real estate development and construction projects.
• Prepare and review monthly, quarterly, and annual financial statements in accordance with GAAP.
• Maintain general ledger accounts and perform monthly account reconciliations.
• Process and manage construction draws, including reviewing contractor pay applications and preparing lender draw packages.
• Track construction budgets and funding sources, monitor retainage and lien waivers.

Skills

Attention to detail

Communication skills

GAAP knowledge

Education

Bachelor's degree in Accounting, Finance, or a related field

Tools

Yardi Voyager

Microsoft Excel

Job description

We are seeking an Accountant with real estate development experience. The ideal candidate will have experience with Yardi Voyager, construction draw processing, project accounting, and financial statement preparation.

This role will be responsible for maintaining accurate financial records, supporting project teams, managing lender draws, and ensuring timely and accurate financial reporting for multiple development entities.

Key Responsibilities

• Manage the full accounting cycle for multiple real estate development and construction projects.
• Prepare and review monthly, quarterly, and annual financial statements in accordance with GAAP.
• Maintain general ledger accounts and perform monthly account reconciliations.
• Process and manage construction draws, including:
• Reviewing and verifying contractor pay applications.
• Preparing lender draw packages.
• Tracking construction budgets and funding sources.
• Monitoring retainage and lien waivers.
• Coordinating with lenders, contractors, and project managers.
• Record construction costs, capital expenditures, and development-related transactions.
• Prepare and analyze project cost reports, job cost schedules, and budget-to-actual variance reports.
• Manage accounts payable related to construction and development activities.
• Coordinate audits and provide supporting documentation to external auditors.
• Reconcile intercompany loans and transactions between related entities, ensuring accurate balances and timely resolution of discrepancies.
• Prepare workpapers for tax accountants and assist with year-end reporting requirements.
• Ensure compliance with lender requirements, partnership agreements, and company policies.

Required Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum of 5 years of accounting experience, preferably within real estate development, construction, or a related industry.
• Experience with Yardi Voyager or a comparable real estate accounting system.
• Strong understanding of construction accounting and job cost accounting.
• Experience with construction draws and lender funding processes.
• Strong knowledge of financial statement preparation and GAAP.
• Proficiency in Microsoft Excel, including pivot tables, VLOOKUP/XLOOKUP, and financial reporting.
• Experience with account reconciliations, month-end close, and budget analysis.
• Excellent organizational skills and attention to detail.
• Strong communication and problem-solving abilities.

Preferred Qualifications

• Experience with multifamily, mixed-use, or condominium real estate development.
• Experience working with multiple entities, partnerships, and joint ventures.
• Knowledge of construction loan administration and project financing structures.