Our client is seeking a Project Accounting Manager to lead their project accounting function and oversee a small team. The position reports into senior finance leadership and works cross-functionally with corporate accounting, property management, and external auditors. It carries a meaningful organizational scope, from managing job cost and monthly close to supporting final cost certifications and audit conversions.
Why This Role Stands Out:
- You'll lead a team with real ownership over the accounting function for a development pipeline that matters.
- You'll work directly with the CFO and VP of Finance, giving you visibility and influence at the highest level of the organization.
Responsibilities:
- Lead, mentor, and develop the Project Accounting team to support organizational growth and high-quality work output.
- Oversee accounting for development projects and stabilized assets, including monthly and quarterly close coordination with the Corporate Accounting team.
- Reconcile intercompany accounts related to enterprise and development projects.
- Manage job cost tracking for development projects within the ERP system.
- Monitor and review cash account balances across the development portfolio.
- Prepare year-end closing workpapers for development project annual audits and coordinate with external auditors.
- Assist with final cost certifications, eliminating entries, and 8609 preparation in collaboration with the Housing Real Estate Development team and external auditors.
- Lead the audit process for development project conversions to stabilization.
- Work with the property management company's accounting team to prepare consolidated financial statements and adjusting journal entries as projects transition to operations.
- Coordinate with the Housing Real Estate Development team on project closings and related financial needs.
- Interpret financial implications in Development Agreements, Pipeline Summaries, and project milestone documentation.
- Partner with the CFO and VP of Finance and Accounting on managing Housing Future Funds.
Minimum Qualifications:
- Bachelor's degree in Accounting or related field. A combination of education and 8 years of experience in construction project accounting may be considered instead of a bachelor's degree.
- 8 years of construction accounting experience.
- 2 years in a formal leadership or supervisory role.
- Proficient in MS Suite (Word, Excel, Outlook).
Preferred Qualifications:
- Experience in Affordable Housing industry and/or Real Estate industry
- Ability to think independently and navigate complex projects
- Strong organizational and communication skills
Compensation:
*The below represents the lowest to highest expected salary range for this job opening upon hire. Our client ultimately may pay more or less than the posted salary range, and the salary range may be modified in the future. Our client will consider job-related factors including, but not limited to, education, qualifications, certifications, experience, skills, geographic location, and business or organizational needs when determining pay.
