Senior Accountant - Development

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

Senior Accountant – Development Accounting

Salary: $110,000 - $120,000 + 5–10% Bonus

Why This Opportunity Stands Out

• Join a fast-growing commercial real estate developer focused on hyperscale data center projects.
• Gain visibility with senior accounting leadership and key business decision-makers.
• Play a critical role in large-scale development projects from land acquisition through construction completion.
• Enjoy a hybrid work schedule that offers flexibility while maintaining team collaboration.
• Build expertise in development accounting within one of the fastest-growing asset classes in real estate.
• Work closely with lenders, investors, project managers, and executives across the organization.
• Take ownership of impactful projects rather than being limited to routine accounting tasks.
• Be part of a company experiencing strong portfolio growth and expansion.
• Benefit from a clear long-term career path into accounting leadership opportunities.
• Earn a competitive compensation package with bonus potential.

Key Responsibilities For The Senior Accountant – Development Accounting

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

Qualifications For The Senior Accountant – Development Accounting

• Bachelor’s degree in Accounting or Finance.
• 2–3+ years of development accounting experience within commercial real estate, construction, industrial development, or similar project-based environments.
• Hands‑on experience managing project draws.
• Experience with Yardi or similar real estate accounting software preferred.
• Experience supporting construction, development, or capital project accounting activities.