Development Accountant

Full time
Locationlacounty Calendar02/08/2018   Full time

CLASS TITLE: Development Accountant

POSITION STATUS: FULL TIME

FLSA STATUS: Exempt

EFFECTIVE DATE: February 2018

 

GENERAL NATURE & SCOPE OF WORK

The Development Accountant reports directly to the Accounting Manager. The Development Accountant is responsible for completing and submitting draws for all development projects and creating job cost reports. This position works closely with the Housing Development department to ensure projects remain within budget.

 

ILLUSTRATIVE EXAMPLES OF WORK/ESSENTIAL FUNCTIONS

  • Compiles and reviews all draw packages for completeness; monitors submission of draw packages to lenders
  • Prepares job cost reports
  • Works with Accounting to develop policies and procedures for development accounting
  • Reviews financials to budget and works with Project Managers to keep projects in line with their budgets
  • Oversees invoice processing
  • Generates reports utilizing Yardi
  • Performs additional duties as assigned

KNOWLEDGE, SKILLS & ABILITIES

Knowledge of:

  • Development and job cost practices
  • Preparation of draw packages a plus
  • Experience with major systems
  • Accepted methodologies for budgeting and cash forecasting

Skill Level:

  • Strong analytical skills dealing with financial data and budgets
  • Superior writing and communication skills
  • Proficient in the use of personal computers and related software applications
  • Strong attention to detail

Ability to:

  • Analyze and monitor budgets
  • Provide feedback to Project Managers on development project financial status
  • Set priorities in a fast-paced environment

EDUCATION & EXPERIENCE

A combination of education and related experience may substitute for education requirements.

  • BA in Finance or Accounting, or related field and
  • 2 to 5 years’ experience in real estate development accounting or related field, demonstrating solid understanding of job costs, real estate accounting principles, and financial statement preparation.

PHYSICAL DEMANDS/WORKING CONDITIONS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Work is performed primarily in an office environment under pressure and requires the ability to quickly adjust to changing priorities and demands
  • While performing the duties of this job, the employee is frequently required to sit and use a keyboard
  • Travel by various modes of private and commercial transportation within the region may be required.

The statements contained in this class specification reflect general details as necessary to describe the principle functions of this class, the level of knowledge and skill typically required, and the scope of responsibility, but should not be considered an all-inclusive listing of work requirements.    Individuals may perform other duties  as  assigned  including  work  in  other functional areas to cover absences or relief, to equalize peak work periods or otherwise to balance the work load.

 

Salary:

Salary competitive and commensurate with experience – excellent benefits

Selection Process:

 

OPEN UNTIL FILLED                                                                                                                                                                                                                Posted: February 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Please submit résumé and cover letter to: jobs@linchousing.org