Sr. Development Accountant

We are looking for an experienced Sr. Development Accountant to support real estate development accounting activities in Richardson, Texas. This position plays a key role in managing project-level financial records, delivering accurate reporting, and supporting the full accounting cycle for assigned developments and business units. The ideal candidate brings strong technical accounting knowledge, sound analytical judgment, and the ability to work effectively with cross-functional teams in a fast-paced real estate environment.

Responsibilities:
• Manage the general ledger for assigned development projects or business units, including monthly close activities and preparation of financial reporting deliverables.
• Record recurring and nonrecurring journal entries while maintaining accurate supporting documentation for all accounting transactions.
• Analyze account activity, reconcile balance sheet accounts, and investigate variances or unusual items to ensure timely resolution.
• Evaluate development agreements to determine appropriate fee treatment and coordinate with technical accounting resources on complex accounting matters.
• Support cash activity by monitoring transactions and processing funding movements related to acquisitions and closings.
• Prepare and review construction draw activity and confirm alignment between draw schedules and capital asset balances in the ledger.
• Contribute to annual budgets and periodic forecasts by compiling financial data and assisting with project-level planning assumptions.
• Review fixed asset records to confirm capitalization is handled correctly and assets are recorded in accordance with accounting standards.
• Produce recurring and ad hoc financial reports for management, business partners, auditors, and other internal stakeholders.
• Assist with audit requests and complete tax reporting templates needed for federal tax support functions.

Qualifications:

• Strong experience with month-end close processes in an accounting environment.
• Working knowledge of general ledger maintenance, journal entry preparation, and financial statement support.
• Experience performing account reconciliations and resolving discrepancies across multiple accounts.
• Familiarity with bank and cash reconciliations, including transaction review and balancing activities.
• Ability to interpret accounting implications of contracts or development-related agreements.
• Strong analytical, organizational, and problem-solving skills with close attention to detail.
• Effective communication skills and the ability to collaborate with internal teams and business partners.

Compensation

$95,000.00-$100,000.00 Yearly

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