Lotus Company · 4 hours ago
Accounting Manager - Development
Salt Lake City, UT
Full-time
Onsite
Senior Level
5+ years expThe Lotus Company is a full-service builder and developer dedicated to creating sanctuaries where life can flourish. The Accounting Manager in Development will oversee the accounting operations, ensuring accurate financial reporting and compliance while managing workflows and supporting the development team.
HospitalityProperty DevelopmentReal Estate
Hiring Manager
Lindsey Forbes, SHRM-CP
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
Required
Proficiency with accounting software and advanced Excel; understanding of GAAP and job costing and draw processes
Experience with reconciliation and journal entries
Analytical mindset, high attention to detail, strong organizational skills, effective communicator, and collaborative team player
Experience in entity set up within accounting systems and troubleshooting accounting platform issues
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
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
Medical, dental, and vision insurance coverage, with eligibility beginning 30 days after employment
Health Savings Account (HSA) option
Access to telehealth and virtual care services
Mental health and wellness support, including expedited access to therapy and counseling resources
Basic life insurance, with the option to purchase additional coverage
Short-term disability insurance
Paid time off (PTO), accruing at 15 days per year
Ten (10) paid company holidays annually
401(k) retirement plan with employer match
Performance-based bonus program based on company and individual performance
Employee recognition and milestone celebrations
Access to an on-site fitness facility
Covered, year-round parking in an attached garage
Daily office amenities, including coffee, snacks, and beverages
Company
Lotus Company
Lotus Company is a private property and hospitality venture company.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Bryan Wrigley
Founder & CEO
Joe Torman
President of Development & Construction
Company data provided by crunchbase