
Development Accounting Specialist
1 day ago
Job Title: Development Accounting Specialist
We are seeking a highly skilled and detail-oriented professional with 5+ years of experience in U.S. property management accounting.
This role will focus on development accounting, financial reporting, and supporting key property management operations.
The ideal candidate will be hands-on with draw accounting, payables, payrolls, and financial statement preparation, while maintaining accuracy and compliance with U.S. standards.
Key Responsibilities:
- Financial Reporting & Development Accounting
- Prepare, review, and analyze financial statements for development projects.
- Maintain general ledgers and ensure accurate monthly and year-end closing.
- Handle draw accounting, including preparation and tracking of draw requests.
- Prioritize Payables & Cash Management tasks such as processing and approving payables, wire requests, and ensuring timely disbursements.
- Monitor outstanding payables and follow up with vendors to ensure timely payments.
- Accounts Payable (AP):
- Process invoices, review supporting documentation, and ensure proper coding and approvals.
- Approve payables, set up wire requests, and ensure timely disbursements.
- Reconcile vendor statements and resolve discrepancies.
- Run aging reports and follow up with vendors for outstanding balances.
- Accounts Receivable (AR):
- Record rent and other receivables accurately and on time.
- Monitor tenant ledgers, reconcile payments, and follow up on overdue balances.
- Generate AR aging reports and work with cross-functional teams to reduce delinquencies.
- Operational Support:
- Collaborate with cross-functional teams to address accounting queries.
- Provide insights and support for property-related decision-making.
Preferred Skills & Qualifications:
- Experience: Minimum 5+ years of accounting experience in U.S. property management (development focus preferred).
- Software Skills: Proficiency in Yardi.
- Technical Skills: Advanced Excel skills for data analysis, reporting, and reconciliations.
- Knowledge Areas: Development accounting, draw accounting, financial statements, wire transfers, payables, and payroll processing.
- Strong analytical and problem-solving skills with excellent attention to detail.
- Effective communication skills to collaborate with stakeholders.
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