Addison Group Los Angeles, in partnership with our client in Los Angeles County, seeks a talented Real Estate Development Accountant on a direct hire basis.
Job - This Real Estate Development Accountant will be performing General Ledger accounting tasks, loan draws, and filling out tax schedules. You will report to the Controller.
Job Site Status (Onsite/Hybrid/Remote) – Our client has a hybrid schedule (two (2) days/week) at the office.
Culture/Environment – You will be joining a business professional environment, as befitting a polished and cultured company.
Compensation/Benefits – Salary range is $90,000-$115,000/year. Our client supplements base compensation with bonuses and the usual fringe benefits.
REAL ESTATE DEVELOPMENT ACCOUNTANT TASKS
Construction Project Accounting
· Track progress of all developments in the pipeline
· Maintain all cost accounting functions (journal entries for job cost allocations, accruals, capitalization, and fixed asset transfers)
· Maintain and analyze Project and Construction-In-Progress charges in their proper ledgers and sub ledgers (project revenues, costs, assets, and liabilities identified and allocated to each project)
· Assist Project Managers and Design partners in preparing and changing project budget work orders.
· Monitor labor and expenses.
Financial Reporting – Real Estate Development
· Prepare reports for development, redevelopment, and tenant improvement projects.
· Generate reports on the progress of completion of a project, using key performance indicators and with the assistance of a project manager and other project accountants.
· Create analytics for all Real Estate developments.
· Prepare all relevant disclosures for the company’s 10Q/10K and other supplementals reports.
Miscellaneous
· Assist in external and internal audits.
· Accept any other ad-hoc duties as needed.
REAL ESTATE DEVELOPMENT ACCOUNTANT QUALIFICATIONS
Required
· At least three (3) years of work experience in the field of general ledger accounting
· Bachelor’s degree in accounting or another related field
Preferred
· Real estate/property management/construction industry experience
· CPA
· Big 4 employment
· Knowledge of Generally Accepted Accounting Principles (GAAP)
REAL ESTATE DEVELOPMENT ACCOUNTANT SKILLS
Required
Technical
· Proficient in Microsoft Excel (pivot tables, VLOOKUPS)
Interpersonal
· Ability and desire to multi-task
· Sophisticated project management skills
· Analytical and critical skills
· Excellent communication skills
·“Can-do” attitude
Preferred
Technical
· JD Edwards
For all inquiries, submit your resume in MS Word format to me. I will hold all inquiries in the strictest confidence.
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