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Development Accountant

Creative Financial Staffing (CFS)

Development Accountant

Long Beach, CA
Full Time
Paid
  • Responsibilities

    Job Description

    DEVELOPMENT ACCOUNTANT GENERAL NATURE & SCOPE OF WORK

    The Development Accountant reports directly to the VP of Accounting and Operations. The Development Accountant is responsible for completing and submitting draws for all development projects and creating job cost reports. This position works closely with the Housing Development department to ensure projects remain within budget.

     

    ESSENTIAL FUNCTIONS:

    • Compiles and reviews all draw packages for completeness; monitors submission of draw packages to lenders
    • Prepares job cost reports
    • Works with Accounting to develop policies and procedures for development accounting
    • Reviews financials to budget and works with Project Managers to keep projects in line with their budgets
    • Oversees invoice processing
    • Generates reports utilizing Yardi
    • Performs additional duties as assigned

     

    KNOWLEDGE, SKILLS & ABILITIES:

    KNOWLEDGE OF:

    • Development and job cost practices
    • Preparation of draw packages a plus
    • Experience with major systems
    • Accepted methodologies for budgeting and cash forecasting

    SKILL LEVEL:

    • Strong analytical skills dealing with financial data and budgets
    • Superior writing and communication skills
    • Proficient in the use of personal computers and related software applications
    • Strong attention to detail

    ABILITY TO:

    • Analyze and monitor budgets
    • Provide feedback to Project Managers on development project financial status
    • Set priorities in a fast-paced environment

     

    EDUCATION & EXPERIENCE

    A combination of education and related experience may substitute for education requirements.

    • Working towards a BA in Finance or Accounting, or related field AND
    • 2 to 5 years’ experience in real estate development accounting or related field, demonstrating solid understanding of job costs, real estate accounting principles, and financial statement preparation

    Company Description

    CFS is a leading, employee-owned staffing firm—the largest one founded by CPA firms. With more than two decades of experience helping companies locate, attract and hire exceptional accounting, finance & IT professionals, CFS has unique resources to better understand hiring needs, attract higher-caliber candidates and assess candidate potential. Established in 1994, CFS today operates 30+ offices across 21 states and the Caribbean. Serving most major U.S. markets and beyond, CFS connects companies with candidates, from entry-level to executive level, temporary to direct hire and project support to interim management. CFS was named to Forbes’ list of “Best Professional Recruiting Firms” three years in a row and also cited by LinkedIn as one of the “Most Socially Engaged Staffing Agencies” two years in a row!