Senior Development Accountant: Onsite in Columbia, Maryland (Confidential Search)
Position Title: Senior Development Accountant - Property Management
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Position Summary:
Works alongside of Senior Development Portfolio Controller or Development Manager to serve as key point of contact for one or more team processes to include Fixed Assets, Tenant Improvement, Capital Expenditure, Third Party and/or Development accounting serving as trusted resource for all accounting related issues. Rely on knowledge of GAAP as well as the business, processes and systems to review each deal to ascertain the true essence underlying the financial transaction. Requires ability to analyze transactions, independently seek out relevant information and apply what has been learned to arrive at GAAP accounting conclusion supported by key set of facts.
Location: Columbia, Maryland
Job Type: Full-Time.
Remote: No. Onsite in Columbia, Maryland.
Schedule: Monday-Friday.
Salary: Based on experience: $85,000.00 - $95,000.00.
Benefits: Medical, Dental, Life Insurance, 401K and PTO.
Relocation: Not offered.
Sponsorship: Not available.
Required Qualifications
Education:
Bachelor Degree in Accounting or Finance required. Certification(s) - Active CPA license Professional Experience - Four to six years of relevant experience required. Specific finance experience in the real estate industry preferred. Proficiency utilizing Microsoft Office applications (Word, Excel, and Outlook) and ability to learn company specific software. Ability to adapt to new or changing software programs. Mobility (Travel): N/A.
Essential Functions:
With minimal supervision, monitors leasing activity to identify and process required fixed asset transactions and adjustments.
Review and analyze each deal to determine GAAP accounting with the understanding that the accounting may not mirror the economic deal structure.
Requires knowledge of accounting principles and the ability to independently seek out resources both within and outside the company to determine the essence of the deal.
Tracks budgets and estimates for development projects in the job cost system.
Collaborate with project management, teams to obtain estimates.
Review and analyze costs to ensure proper accounting.
Prepare quarterly project financial project updates as assigned.
Monitor and review PAY invoices and vendor Contracts/Change orders to ensure timely vendor payment and recording as well as proper coding.
Monitor payments against approved spend and investigate and resolve variances.
Assists with delivering accurate, timely and relevant reporting fixed assets and assigned development projects to various stakeholders highlighting information needed to make business decisions.
Requires ability to continuously apply knowledge of what is relevant and adjust reporting metrics regularly to meet the needs.
Prepare and process monthly capitalized interest calculations for active development projects.
Monitor list of active projects based upon understanding of project status.
Review underlying calculations ensuring they are prepared timely and accurately accordance with GAAP and accounting policies.
This job description does not reflect or imply that these are the only duties to be performed by the employee(s) in this position. Employee(s) will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments.
This description excludes marginal functions of the position that are incidental to the performance of fundamental job duties. All duties and responsibilities are essential job functions and requirements subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbent(s) will possess the skills, aptitudes, and abilities to perform each duty proficiently. The requirements listed in this document are the minimum levels of knowledge, skills and abilities. xxoysbn
We are an equal opportunity employer:
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.