Senior Real Estate Accountant: Construction Draws & GAAP

LHH; Dallas (TX); Presencial; USD 85 000 - 110 000; Tempo integral

Resumo da oferta

LHH is seeking a Senior Accountant in the Dallas area for a growing private real estate investment and development company. The role focuses on construction draws, project cost accounting, GAAP, and month-end reporting with 3–5 years of related experience.

You will work closely with project managers and lenders to ensure accurate draw submissions, maintain cost allocations, and support financial reporting across development projects. Strong Excel skills and attention to detail are required.

Qualificações

• 3–5 years of accounting experience, preferably within real estate development and construction.
• Strong understanding of accrual accounting and GAAP.
• Excellent analytical and problem-solving abilities, including reconciliation discrepancies.

Responsabilidades

• Prepare, process, and review construction draw requests, ensuring compliance with lender requirements, budgets, and timelines.
• Partner with project managers, general contractors, lenders, and internal leadership to ensure accurate draw submissions.
• Reconcile construction draws and allocate project costs across land, hard costs, soft costs, permits, materials, and other categories.
• Prepare and post journal entries, accruals, and reclassifications and perform monthly balance sheet reconciliations.
• Assist with monthly, quarterly, and annual financial reporting, including budget-to-actual analysis for development projects.
• Prepare management reporting packages covering project and portfolio performance.
• Process and code construction-related vendor and subcontractor invoices and monitor project/property-level cash activity.
• Support fundings, distributions, transfers, and payments to contractors, vendors, and suppliers.
• Prepare financial reporting packages for banks and lenders related to loan covenant compliance, construction draws, and periodic reporting.
• Assist with annual development/construction budgets, forecasting, and re-forecasting throughout the project lifecycle.
• Compile workpapers and supporting schedules for audits, reviews, and tax preparation in coordination with external accounting firms.
• Maintain accurate documentation for draw requests, contracts, project costs, and other financial transactions while ensuring compliance with GAAP and company policies.
• Collaborate with development, construction, asset management, and operations teams to improve accounting processes, internal controls, and reporting efficiency.

Conhecimentos

GAAP knowledge

Analytical thinking

Attention to detail

Excel proficiency

Formação académica

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

Ferramentas

Microsoft Excel

Microsoft Word

Descrição da oferta de emprego

LHH is seeking a Senior Accountant in the Dallas area for a growing private real estate investment and development company. The role focuses on construction draws, project cost accounting, GAAP, and month-end reporting with 3–5 years of related experience.

You will work closely with project managers and lenders to ensure accurate draw submissions, maintain cost allocations, and support financial reporting across development projects. Strong Excel skills and attention to detail are required.