Senior Real Estate Development Accountant (Hybrid)

Orion Placement; Cincinnati (OH); Hybrid; USD 90,000 - 140,000; Full time

Job summary

Orion Placement in Cincinnati, OH is seeking a senior accounting leader to manage the complete lifecycle for multiple real estate development projects from pre-development through operations. You will lead monthly construction loan and equity draw processes, ensuring timely funding and accurate project costs, while preparing cash flows and budgets.

The role requires 3+ years in real estate development accounting, strong construction/project accounting knowledge, and the ability to coordinate

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 3+ years of direct real estate development accounting experience.
• Strong knowledge of construction accounting, project accounting, and development finance.
• Experience managing construction draws, loan funding, and project cash flow.
• Experience with lenders, investors, auditors, and development teams.
• CPA or MBA preferred.

Responsibilities

• Manage the complete accounting lifecycle for multiple real estate development projects from pre-development through transition to operations.
• Lead monthly construction loan and equity draw processes while ensuring timely funding and payment of project costs.
• Prepare and analyze project cash flow forecasts, financial projections, budgets, and pro formas.
• Coordinate project closings, financing activities, and accounting entries with lenders, investors, title companies, and internal teams.
• Prepare and review sources and uses schedules, developer fee schedules, and equity installment schedules.
• Oversee construction costs, job costing, project funding, and financial reporting.
• Manage tax credit compliance and cost certification activities for LIHTC, Historic Tax Credits, and New Markets Tax Credit projects.
• Partner with auditors, investors, and leadership during audits and financial reviews.
• Prepare year-end accruals, development workpapers, and financial analyses for executive leadership.
• Mentor and collaborate with accounting and project teams while driving process improvements.

Skills

Analytical abilities

Organizational skills

Communication skills

Education

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

Tools

Yardi or similar ERP

Job description

Orion Placement in Cincinnati, OH is seeking a senior accounting leader to manage the complete lifecycle for multiple real estate development projects from pre-development through operations. You will lead monthly construction loan and equity draw processes, ensuring timely funding and accurate project costs, while preparing cash flows and budgets.

The role requires 3+ years in real estate development accounting, strong construction/project accounting knowledge, and the ability to coordinate