Director, Development Accounting

About the Role:

The Director will play an important role within our client’s leadership team, partnering directly with the SVP of Accounting. The organization is going through rapid growth focusing on multi-family / hospitality development and subsequent property operations. This role will lead the Construction Accounting Department and is responsible for day-to-day details of accounting operations and financial reporting for all current projects. This role will also partner with corporate and property accounting on strategic initiatives

Essential Functions:

• Oversee work of construction accounting department including Accounting Manager, Senior Accountants, billing, and AP
• Responsible for timely and accurate financial reporting including monthly internal reporting and quarterly external reporting
• Own project budgeting process and work directly with the Director of Construction on actual and flux analysis
• Responsible for maintenance of financial projections including revenue and operating expenses
• Treasury management
• Oversee work in progress tracking and reporting
• Work closely with project management on project cost reporting and cash flow projections
• Responsible for development and adherence to internal controls and accounting policies
• Collaborate with Operations Team to drive strategic initiatives

Education and Qualifications:

• Bachelor’s degree in accounting or related field, Advanced degree/CPA license preferred
• 10-15 years of construction accounting experience including 5+ years in management
• CPA and public accounting experience a plus
• Highly proficient with Microsoft Excel
• Required understanding of US GAAP (Generally Accepted Accounting Principles).
• Strong understanding of construction accounting principles, including revenue recognition, project costing, and job costing.
• Yardi experience a plus