Kairoi Residential · 1 day ago
Development Accountant I
San Antonio,TX,US
Full-time
Onsite
Mid Level
4+ years expKairoi Residential is a company focused on real estate development, and they are seeking a Development Accountant I to support the financial management and accounting operations of their development projects. The role involves maintaining financial accuracy, preparing financial statements, and ensuring compliance with accounting principles.
Property ManagementReal EstateResidential
Responsibilities
Own the day-to-day accounting for assigned development projects, including preparing and reviewing journal entries, maintaining account reconciliations, and ensuring accuracy of the general ledger
Prepare and review monthly financial statements and project reports to identify significant variances, unusual trends, and items requiring follow-up or explanation
Perform budget-to-actual analysis, investigate discrepancies, and clearly explain changes in financial results
Support the month-end close process by preparing accruals, understanding timing differences, and ensuring activity is properly reflected in the financial statements
Track project costs and expenditures, comparing activity against budgets and identifying trends or inconsistencies
Assist in the preparation and maintenance of project budgets, cash flow tracking, and financial reporting
Responsible for the oversight of project funding, and preparation of construction draws and pay applications, and ensure compliance with funding and loan requirements
Maintain accurate and organized records of development-related financial transactions, including invoices, contracts, and supporting documentation
Assist with project audits by preparing documentation and providing explanations related to project accounting activity
Communicate effectively and professionally with internal stakeholders, vendors, and external partners regarding project-related accounting matters
Qualification
Required
Bachelor's degree in Accounting, Finance, or a related field
4+ years of progressive experience in accounting; experience in a construction or real estate development environment preferred but not required
Strong understanding of financial accounting and GAAP
Experience with journal entries, account reconciliations, month-end close, budget-to-actual analysis, and variance explanations
Solid foundation in accounting principles
Excellent organizational and time-management skills, with the ability to manage multiple tasks, prioritize effectively, and meet deadlines
Strong attention to detail and accuracy in data entry and record-keeping
Proficiency in Microsoft Office Suite, particularly Excel, with the ability to create and maintain spreadsheets and perform calculations
Ability to work independently and collaboratively as a team member, with a proactive and positive attitude
Good written, verbal, and interpersonal communication skills
Must have a valid driver's license with no major infractions in the last 12 months
Preferred
Experience in a construction or real estate development environment
Experience with accounting software and project management software is a plus
Real estate of development accounting experience is a plus, but not required
Company
Kairoi Residential
Kairoi Residential is a premier, vertically integrated, multifamily investment, development, and property management company.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Michael Lynd, Jr.
CEO
Recent News
The Real Deal
2025-12-11
2025-10-02
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