Strategic Real Estate Development Accountant

Genuine Search Group; City of Yonkers (NY); On-site; USD 90,000 - 140,000; Full time

Job summary

Genuine Search Group is seeking a Development Accountant for a client, a real estate investment and development firm. The role supports financial reporting, budgeting, and accounting for a portfolio of development projects.

The ideal candidate will have a strong foundation in accounting, excellent analytical skills, and an interest in real estate development. Responsibilities include GL activity, monthly reporting, project cost tracking, construction loan draws, and year-end audits.

Qualifications

• Bachelor's Degree is required, preferably in Accounting.
• 4+ years of accounting experience in real estate development is highly preferred.

Responsibilities

• Maintain accounting records for real estate development projects, including general ledger activity, journal entries, and reconciliations.
• Assist with monthly financial reporting, including balance sheets, income statements, and cash flow statements.
• Monitor development expenditures and reconcile actual costs against approved budgets.
• Support the preparation of construction loan draws, funding requests, and related documentation.
• Review and allocate invoices to projects and general ledger accounts.
• Prepare monthly bank reconciliations and investigate discrepancies.
• Coordinate with development and project management teams to track project costs.
• Assist with accounting related to property acquisitions, dispositions, and other real estate transactions.
• Reconcile inter-company transactions across multiple entities.
• Support joint venture accounting activities and review partner contributions.
• Assist with year-end audits and preparation of supporting financial schedules.
• Collaborate with internal teams and external partners to maintain accurate records.
• Participate in process improvements and special accounting projects as needed.

Skills

Accounting

Analytical skills

Real estate knowledge

Education

Bachelor's Degree in Accounting

Tools

ERP systems

Job description

Genuine Search Group is seeking a Development Accountant for a client, a real estate investment and development firm. The role supports financial reporting, budgeting, and accounting for a portfolio of development projects.

The ideal candidate will have a strong foundation in accounting, excellent analytical skills, and an interest in real estate development. Responsibilities include GL activity, monthly reporting, project cost tracking, construction loan draws, and year-end audits.