Real Estate Development Accountant

Volunteers of America-Greater New York; New York (NY); Hybrid; USD 65,000 - 85,000; Full time

Benefits offered by this job

Medical, Dental, & Vision Coverage

Prescription Coverage

Life Insurance

Retirement Plan

Tuition Reimbursement

Paid Time Off, including a Paid Birthday Holiday

Job summary

Volunteers of America-Greater New York is looking for a Real Estate Development Accountant to manage accounting for its development portfolio. The ideal candidate will perform accounting, reporting, and analysis for development activities, ensuring accurate records for real estate entities. This hybrid role requires a Bachelor’s degree in Accounting or Finance and 3–5 years of relevant experience.

The position involves coordinating with various departments and external partners while maintaining compliance with audits and funding regulations.

Benefits include medical coverage, retirement plans, and tuition reimbursement.

Qualifications

• 3–5 years of accounting experience, preferably in real estate development or nonprofit housing.
• Working knowledge of construction accounting concepts and capitalized costs.
• Experience supporting lender draw submissions or cost certifications preferred.

Responsibilities

• Maintain general ledger accounting for real estate development entities.
• Assist in lender and agency draw package preparation and review.
• Support development budgeting and forecasting activities.

Skills

Microsoft Excel proficiency

Analytical skills

Organizational skills

Problem-solving skills

Communication skills

Education

Bachelor’s degree in Accounting, Finance, or related field

Tools

General ledger systems

Job description

Real Estate Development Accountant (Hybrid)

Volunteers of America–Greater New York (VOA–Greater New York) is a leading anti-poverty organization serving neighbors in need across New York City, Northern New Jersey, and Westchester. Through 70+ programs, we support over 35,000 adults and children each year, including individuals experiencing homelessness, survivors of domestic violence, youth aging out of foster care, veterans, seniors, and children with developmental delays. Our staff are at the heart of this work, creating meaningful change every day. If you’re passionate about making a difference and joining a mission-driven team, we invite you to explore this opportunity.

The Real Estate Development Accountant supports the real estate development portfolio by performing accounting, reporting, and analysis for development and construction activities including pre-development, construction-in-progress, completed projects, and related entities. This role is responsible for maintaining accurate books and records for real estate entities, tracking project costs and funding sources, supporting lender requisitions and cost certifications, and assisting with audits and compliance requirements. The Real Estate Development Accountant is a key liaison between Finance, Real Estate Development, and external partners and supports organization-wide initiatives and special projects as assigned.

Location: New York, NY 10020

Minimum Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• 3–5 years of accounting experience, preferably with real estate development, construction accounting, nonprofit housing, or public‑sector financed projects.
• Working knowledge of construction accounting concepts, capitalized costs, development budgets, and project cost tracking.
• Experience supporting lender draw submissions, requisitions, or cost certifications preferred.
• Strong proficiency in Microsoft Excel, including complex spreadsheets, reconciliations, and schedules.
• Experience with general ledger systems and accounting for legal entities, joint ventures, or limited partnerships preferred.
• Strong analytical, organizational, and problem‑solving skills with attention to detail.
• Ability to manage multiple deadlines in a fast‑paced environment.
• Strong verbal and written communication skills and the ability to work collaboratively across departments.
• Ability to maintain confidentiality and exercise sound judgment.

Supervisory Role

This position does have supervisory responsibilities.

Responsibilities

• Real Estate & Development Accounting
• Maintain general ledger accounting for real estate development entities, including pre‑development, construction, and stabilized properties.
• Record and reconcile development‑related transactions including construction costs, developer fees, capitalized interest, soft costs, and funding activity.
• Track construction‑in‑progress (CIP) and support proper capitalization and close‑out of projects upon completion.
• Prepare and post journal entries and perform monthly account reconciliations for development entities.
• Draws, Requisitions & Funding Support
• Assist in the preparation and review of lender and agency draw packages, including AIA requisitions, supporting schedules and backup documentation.
• Coordinate with Real Estate Development staff, lenders, and external partners to ensure timely and accurate draw submissions.
• Track sources and uses of funds and reconcile draw activity to the general ledger and project budgets.
• Budgeting, Forecasting & Analysis
• Support development budgeting and forecasting activities by maintaining detailed cost reports and budget‑to‑actual analyses.
• Monitor project costs and identify variances, trends, and potential issues for Finance and Real Estate leadership.
• Maintain development cost and funding schedules used for internal reporting, lender reporting, and management review.
• Audit, Cost Certification & Compliance
• Support year‑end financial audits, real‑estate‑specific audits, and agreed‑upon procedures by preparing schedules and responding to auditor inquiries.
• Assist with development cost certifications and other third‑party reviews required by funders and lenders.
• Ensure documentation aligns with funding agreement requirements, internal policies, and regulatory standards.
• Reporting & Collaboration
• Prepare internal management reports related to development activity, project costs, and funding status.
• Serve as a liaison between Finance, Real Estate Development, and external stakeholders to resolve accounting and reporting issues.
• Support ad hoc analyses, reporting requests, and special projects related to real estate development and finance.
• Perform other related duties as assigned.

Benefits

• Medical, Dental, & Vision Coverage
• Prescription Coverage
• Life Insurance
• Retirement Plan
• Tuition Reimbursement
• Paid Time Off, including a Paid Birthday Holiday

To learn more about our staff, culture and more, visit: https://www.voa-gny.org/our-staff-and-culture/

VOA-Greater New York is an Equal Opportunity Employer/Vets/Disabled/Other Protected Categories. Apply today!