Senior Real Estate Development Project Accountant

Partnership Employment; Houston (TX); On-site; USD 85,000 - 105,000; Full time

Job summary

Partnership Employment is partnered with a prominent real estate development company seeking a Senior Project Accountant to join their finance team in Houston.

This newly created role supports the accounting and financial reporting for a portfolio of master planned communities, with an emphasis on GAAP reporting, audits, and working directly with project teams to keep AP/AR and tax records current.

Qualifications

• Bachelor's degree in Accounting or Finance (CPA or advanced degree a plus).
• 5+ years GAAP accounting experience, with public accounting exposure preferred.
• Real estate development accounting experience essential (horizontal or residential land development).
• Construction/project accounting experience with MUD exposure preferred.
• Advanced Excel (pivot tables, lookups, SUMIFs); Macro exposure a plus.
• Experience with real estate development/job costing systems such as Timberline; AvidPay exposure helpful.

Responsibilities

• Prepare quarterly book to GAAP financial reporting files for CFO approval.
• Prepare quarterly financial statements and accounting reports for periodic partnership meetings.
• Maintain loan and equity schedules, including the cash flow waterfall for distributions.
• Coordinate with external auditors and pull together requested supporting documentation for interim and year end audits.
• Support third party engineers on audit confirmations of development reimbursables.
• Review lot closing instructions and HUDs for accuracy, then transmit to the appropriate parties.
• Maintain lot sales, lot inventory, and land inventory schedules.
• Verify tax proration on commercial sales.
• Prepare monthly loan draws for CFO approval and transmit supporting documentation to expedite funding.
• Prepare, maintain, and reconcile MUD reimbursement schedules against the G/L monthly.
• Coordinate with MUD auditors on documentation requests.
• Review vendor invoices and pay estimates for AP processing, and prepare control sheets for multiple payment items.
• Work with project teams to keep AP moving at month end, quarter end, and year end.
• Prepare incoming check payments for deposit with accurate coding.
• Maintain annual property tax schedules and prepare rollback taxes as they come due.

Skills

GAAP accounting

Real estate development accounting

Advanced Excel

Timberline

AvidPay

Self starter

Education

Bachelor's degree in Accounting or Finance

CPA or advanced degree (plus)

Tools

Timberline

AvidPay

Job description

Partnership Employment is partnered with a prominent real estate development company seeking a Senior Project Accountant to join their finance team in Houston.

This newly created role supports the accounting and financial reporting for a portfolio of master planned communities, with an emphasis on GAAP reporting, audits, and working directly with project teams to keep AP/AR and tax records current.