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Senior Real Estate Development Accountant

Accounting ∙ Cypress, TX

Key Responsibilities:

Accounting and Financial Reporting

  • Prepare journal entries, account reconciliations, and monthly financial statements.
  • Record and reconcile financial transactions, including lot sales, land purchases, construction and infrastructure costs.
  • Track and allocate project costs, including soft costs, hard costs, and capital expenditures.
  • Calculate Cost of Goods Sold for monthly lot sale activity.
  • Prepare construction draw packages.
  • Manage incoming funds and calculate development fees.
  • Prepare bank reconciliations for multiple bank accounts.
  • Maintain detailed job costing records for multiple projects.
  • Prepare monthly draw packages to various lenders.
  • Familiar with AIA documentation.

Reporting and Analysis

  • Prepare periodic reports on project financial performance, including cost summaries and profitability analyses.
  • Assist in MUD Bond Reimbursement applications, fundings and cost analysis.
  • Maintain accurate and comprehensive documentation of project-related financial activities.
  • Assist in creating reports for internal stakeholders, investors, lenders, and regulatory bodies.

Collaboration

  • Partner with development teams, finance teams, and project managers to ensure smooth financial operations.
  • Develop relationships with project lenders and ensure loan compliance.
  • Assist with external audits and provide detailed documentation as needed.
  • Work with CPA firms for annual tax return preparation
  • Support strategic decision-making by providing financial insights and recommendations

Requirements:

  • Bachelor’s degree in accounting, Finance, or a related field.
  • 3–7 years of accounting experience in real estate land development, residential projects, or a related field.
  • Proficiency in real estate and development accounting practices.
  • Experience with Sage Intacct and Titanium accounting software.
  • Advanced Microsoft Excel skills, including the ability to create complex models and analyses.
  • Strong analytical and problem-solving abilities.
  • Knowledge of land development processes, including Job costing, MUD Reimbursements, lender draws, COGS, and infrastructure.
  • Exceptional attention to detail and organizational skills.
  • Ability to manage multiple projects and meet tight deadlines.
  • Strong communication and interpersonal skills.
  • A proactive approach to identifying and resolving issues.

Compensation and Benefits:

.Competitive salary based on experience and qualifications.

  • Comprehensive benefits package, including medical, dental, and vision insurance.
  • 401(k) retirement plan with company match.
  • Paid time off, holidays, and personal leave.
  • Opportunities for professional growth and development.
  • Caldwell Companies is an equal-opportunity employer.

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