Senior Real Estate Development Accountant — Hybrid

Orion Placement

Cincinnati (OH)

Hybrid

USD 75,000 - 90,000

Full time

14 days+

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Benefits offered by this job

Dental insurance

Paid time off

Retirement plan

Vision insurance

Job summary

Orion Placement seeks an experienced Real Estate Development Accountant to manage the accounting lifecycle for multiple development projects in Cincinnati. You will lead construction loan funding, cash flow forecasts, budgets, and pro formas while coordinating with lenders, investors, and internal teams.

The role requires a Bachelor's in Accounting/Finance or related field and 3+ years of direct real estate development accounting experience.

Qualifications

Bachelor's degree required 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.
Excellent Microsoft Excel skills.
Strong analytical, organizational, and communication abilities.
Experience working with lenders, investors, auditors, and development teams.
Knowledge of LIHTC, Historic Tax Credits, or New Markets Tax Credits preferred.
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.