Project Accountant, LEFT LANE Development

Hotel Bardo Savannah

  • New York
  • 30+ days ago

    Highlights

    You will work closely with the VP/Controller on the full financial life cycle of active development projects, from construction through stabilization, across a portfolio of complex, multi-entity real estate ventures. Lead month-end and year-end close processes for development projects, including journal entries, account reconciliations, and financial reporting.

    Numbers & Facts

    LocationNew York

    Description

    About the role

    This is a high-visibility role with direct exposure to firm leadership and cross-entity operations. You will work closely with the VP/Controller on the full financial life cycle of active development projects, from construction through stabilization, across a portfolio of complex, multi-entity real estate ventures. The right candidate is detail-oriented, intellectually curious, and genuinely interested in building expertise in real estate development accounting.

    What you'll do

    • Lead month-end and year-end close processes for development projects, including journal entries, account reconciliations, and financial reporting.
    • Track and report on project costs, including construction expenditures, land acquisition costs, and development-related spending.
    • Support lender reporting and requisition packages, coordinating with project managers and external stakeholders to meet draw deadlines.
    • Monitor project-level cash flows and flag potential funding gaps or timing issues.
    • Review and code vendor invoices, coordinate with outsourced accounts payable, and resolve discrepancies.
    • Assist with audit preparation, external auditor requests, and year-end workpapers.
    • Manage and reconcile intercompany accounts across a multi-entity portfolio.
    • Identify and implement process improvements in financial reporting workflows and accounting procedures.
    • Handle various administrative and recordkeeping tasks as assigned

    Required Qualifications

    • Bachelor's degree in Accounting
    • Minimum 4 years of accounting experience, with a focus on real estate development
    • Strong knowledge of GAAP and real estate accounting principles
    • Excellent analytical and problem-solving skills
    • Exceptional attention to detail and accuracy
    • Strong communication and interpersonal skills
    • Ability to work independently and collaboratively within a fast-paced team
    • Proficiency in Microsoft Excel
    • Demonstrated curiosity and enthusiasm for process improvement

    Preferred Qualifications

    • Master's degree and/or CPA certification
    • Familiarity with AIA billing processes and construction draw cycles
    • Experience with Yardi Voyager or a comparable real estate accounting platform
    • Familiarity with Sage Intacct
    • Experience working within a multi-entity fund structure

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