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Lotus Company · 1 month ago

Accounting Manager - Development

Salt Lake City, Utah, United States

Full-time

Onsite

Mid, Senior Level

$110K/yr - $110K/yr

5+ years exp

Lotus Company is a full-service builder and developer focused on creating sanctuaries where life can flourish. The Accounting Manager in Development will oversee day-to-day accounting operations, ensuring accurate financial reporting and compliance, while managing staff and workflows to support the development team.

HospitalityProperty DevelopmentReal Estate

Responsibilities

Manage the preparation and review of monthly, quarterly, and annual close deliverables; ensure accuracy, completeness, and adherence to deadlines

Supervise internal and external financial reporting, including management packages and audit-ready statements

Ensure compliance with GAAP and internal accounting policies across all accounting processes

Support the Assistant Controller in developing, implementing, and maintaining internal controls; remediating control gaps and strengthening financial governance

Coordinate and resolve audit findings with external CPAs and internal stakeholders; drive timely responses and corrective actions

Support Corporate Accounting in regulatory compliance and tax filing activities

Oversee daily operations of the accounting department, supervising staff and managing end‑to‑end workflows (GL, AR/AP, reconciliations, billing)

Support the Assistant Controller in continuous improvement initiatives to enhance operational systems, processes, and data integrity

Support the Assistant Controller in financial system administration and optimization (chart of accounts, roles/permissions, integrations, reporting)

Leverage Yardi Voyager for development accounting, reporting, and system optimization

Review and approve draw submittals and project-related funding requests; ensure documentation accuracy and compliance

Review project costs and analyses; provide insights on variances, trends, and profitability to business stakeholders

Contribute to acquisition fund budgets and cash flow projections; track liquidity to support operational and investment needs

Supervise staff training and mentorship; set goals, conduct performance reviews, and build bench strength

Other duties as assigned

Qualification

GAAPYardi VoyagerAccounting softwareAdvanced ExcelMulti-entity accountingAnalytical mindsetEffective communicatorAttention to detailOrganizational skillsCollaborative team playerLeadership skills

Required

Bachelor's degree in Accounting

Minimum of 5 years of accounting experience, ideally in LIHTC property development accounting through the entire development life-cycle from acquisition, construction and tax credit closings, construction completion, lease-up, conversion, and 8609

Technical Skills: Proficiency with accounting software and advanced Excel; understanding of GAAP and job costing and draw processes. Experience with reconciliation and journal entries

Soft Skills: Analytical mindset, high attention to detail, strong organizational skills, effective communicator, and collaborative team player

Compliance & Systems: Experience in entity set up within accounting systems and troubleshooting accounting platform issues

Strong understanding of GAAP, multi-entity accounting, and financial reporting

Proven leadership skills with the ability to manage and mentor accounting staff

Excellent analytical, organizational, and communication skills

Ability to thrive in a fast-paced, collaborative, and entrepreneurial environment

Preferred

CPA, CMA or progress toward certification preferred

Advanced proficiency in Yardi Voyager is preferred

Benefits

Eligibility for Lotus Company’s employee benefit package including health, dental, and vision insurance, where eligibility begins 30 days after employment. Company contributes up to $1,430 a month towards the premium.

Basic Life Insurance with the option to purchase additional coverage.

Basic Short Term Disability Insurance.

Paid Time Off (PTO) – 15 Days as accrued throughout year.

10 Paid Holidays as detailed in Lotus Holiday Calendar.

401K enrollment (dollar-for-dollar match for the first 3% of salary differed and 50% contribution for the next 2% of salary deferment – with a minimum 6-month employment required prior to enrollment)