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Atlantic Pacific Companies · 17 hours ago

Development Accountant

Pinecrest, FL

Full-time

Onsite

Mid Level

3+ years exp

Atlantic Pacific Companies is a dynamic industry leader with a diverse portfolio of properties. They are seeking a Development Accountant to manage accounting operations for multi-family development projects, prepare financial statements, and work closely with CPA firms.

ConsultingProfessional ServicesReal Estate

Growth Opportunities

Responsibilities

Responsible for the full accounting operations of multiple LIHTC multi- family development projects from pre development to stabilization

Prepare monthly journal entries, bank and sub-journal reconciliations, reconcile Work in Progress activity to financial draw model, intercompany reconciliations and other Loan/Equity reconciliations

Prepare and submit monthly draws to various institutions for funding

Troubleshoot draw funding issues with Lenders/Development/Construction Managers

Preparation of monthly financial statements to include Balance Sheet and Work in Progress reconciliations

Work with independent CPA firm to assist with various agreed upon engagements such as 10% test, Cost Certifications, Debt Service analyses and annual financial audits. Also assist with year- end tax work

Manage project cash flow

Provide ad-hoc reporting and specials analyses as required by management

Qualification

AccountingGAAPYardiJob cost accountingFinancial reportingAnalytical skillsExcelProblem solvingAttention to detailCommunication skillsLeadership

Required

Bachelor's Degree in accounting required

3+ years working in an accounting capacity for a Real Estate Developer preferably in the affordable/LIHTC industry. This would include experience with job cost accounting and financial reporting

Experience with GAAP reviews & audit procedures

Full competency with industry standard accounting platforms preferably with Yardi experience

Strong Excel skills are a must

Strong and organized leader that works well in a high pace and demanding development environment

Strong analytical and problem solving abilities

Attention to detail and be responsive to senior management requests

Excellent verbal and written communication skills are a must