SearchLogic Recruiting LLC
Senior Accountant - Real Estate
SearchLogic Recruiting LLC, Atlanta, Georgia, United States, 30383
Position: Real Estate Development Accountant
The Senior Accountant will be responsible for the investment and partnership accounting activities for aset of operational and development real estate investments.
Job Description:
• Complete financial close, maintain financial records and prepare monthly propertymanagement, financial statements/ reports for owners, partners and investors.• Maintain job costing for assigned development projects, review construction budgets, discussvariances with construction management team.• Review and analyze the capitalization of costs and ensure compliance with the policy bymanaging the process for proper coding of construction invoices/payment applications and lienreleases for contractors, subcontractors, and vendor invoices.• Prepare monthly loan draw package for CFO review, submit to lender, title company andpartners.• Periodic loan compliance, if applicable.• Calculate and prepare capital call or distributions to partners for CFO's approval.• Assist property management in the annual operating budget preparation and CAMreconciliations.• Provide asset management and development support of Company investments. Including thecoordination with Partners, third party property managers, leasing agents and legal counsel andassisting with due diligence requests.
Real Estate Development Accountant Requirements:
• Undergraduate degree in accounting or related field required.• Must have a minimum of 5 years' experience in commercial real estate investment anddevelopment• Understanding of real estate fundamentals, partner capital structures, waterfall distributionsand IRRs preferred but can be taught• Focus on details.• Strong problem solving and analytical skills.• Strong verbal and written communication skills.• Proficiency in Microsoft Word and Excel; MRI and Yardi accounting software a plus
Amazing Company Culture to further develop your skills under seasoned career professionals on the Senior Management Team. Benefits are highly competitive.
The Senior Accountant will be responsible for the investment and partnership accounting activities for aset of operational and development real estate investments.
Job Description:
• Complete financial close, maintain financial records and prepare monthly propertymanagement, financial statements/ reports for owners, partners and investors.• Maintain job costing for assigned development projects, review construction budgets, discussvariances with construction management team.• Review and analyze the capitalization of costs and ensure compliance with the policy bymanaging the process for proper coding of construction invoices/payment applications and lienreleases for contractors, subcontractors, and vendor invoices.• Prepare monthly loan draw package for CFO review, submit to lender, title company andpartners.• Periodic loan compliance, if applicable.• Calculate and prepare capital call or distributions to partners for CFO's approval.• Assist property management in the annual operating budget preparation and CAMreconciliations.• Provide asset management and development support of Company investments. Including thecoordination with Partners, third party property managers, leasing agents and legal counsel andassisting with due diligence requests.
Real Estate Development Accountant Requirements:
• Undergraduate degree in accounting or related field required.• Must have a minimum of 5 years' experience in commercial real estate investment anddevelopment• Understanding of real estate fundamentals, partner capital structures, waterfall distributionsand IRRs preferred but can be taught• Focus on details.• Strong problem solving and analytical skills.• Strong verbal and written communication skills.• Proficiency in Microsoft Word and Excel; MRI and Yardi accounting software a plus
Amazing Company Culture to further develop your skills under seasoned career professionals on the Senior Management Team. Benefits are highly competitive.