The Development Accountant will be responsible for all accounting duties for their project portfolio. The position will be part of a regionally focused accounting team, collaborating to achieve department and company-wide goals. The Accountant has the ability to work both independently and in a team setting.
Financial Accounting - Applies generally accepted accounting principles (GAAP) to compile and analyze financial information into various financial statements and accounting reports. Makes appropriate journal entries in the general ledger by checking calculations, reviewing basis for figures, and balancing and reconciling figures.
Cost Accounting & Budget Management - Maintains development budgets for all aspects of the project life cycle. Completes various forecasting and analysis to ensure accuracy and completeness of job cost reports. Assists development directors to effectively manage project budgets.
Project Abstracts - Develops a general understanding of the underlying agreements and investment materials for assigned projects. Works to become familiar with the specific sections that are relevant to better understand the overall structure, including commitments, cost classifications, JV and lender requirements, and project fees.
Customer Relationships - Establishes and maintains professional communication with all internal and external project stakeholders. Ensures customer satisfaction by responding to various requests from external investors, lenders, and others related to financial reports, project and construction draws.
Cash Management - Accurately and timely manages all assigned cash accounts. Performs monthly bank reconciliations, wire transfers, deposits, and other payment processes to ensure vendors are paid in a timely manner. Effectively works with development and construction teams to accurately forecast cash needs.
Collaboration - Establishes and maintains professional communication with all internal and external project stakeholders. Develops good working relationships with other departments including but not limited to; Accounts Payable, Finance, Asset Management, Property Management, Development and Construction.
Annual Audits - Acts as liaison to internal and external auditors by explaining journal entries and financial transactions. Provides research data and information as requested and answering questions necessary to complete the audit in a timely manner.
College degree in accounting, business, finance, or related field, and/or equivalent experience is highly preferred.
1-5 years of accounting experience preferred.
Strong organizational, time-management and project management skills in order to effectively track, report and manage multiple projects and priorities where meeting deadlines is critical.
Demonstrated ability to communicate effectively and work in a team environment with a wide variety of people, including business leaders.
Critical thinker and self-starter capable of accomplishing a task with limited guidance and supervision.
Capable of problem solving and using innovative solutions in order to add the most value possible to the deal, submission, and overall team.
Depending on the position offered, regular full-time and part-time team members may be eligible to participate in a bonus program in addition to their base salary. Once eligible, team members may participate in the 401k plan. Regular, full-time team members are also offered a range of medical, financial, and/or other benefits from which to choose.
Greystar will consider for employment qualified applicants with arrest and conviction records.
National Platform with Local ExpertiseGreystar, founded in 1993, provides world-class service in the multifamily real estate business. Our innovative business model integrates the management, development and investment disciplines of the multifamily industry on both national and local levels. This unique approach and our commitment to hiring the very best multifamily professionals have resulted in record growth, making us one of the most respected and trusted multifamily real estate companies in the country.Because our business model includes both investment and service-oriented businesses, we’re able to maintain a constant presence in local markets and create value in all phases of the real estate cycle. Our national platform provides economies of scale, financial sophistication, institutional quality reporting and tremendous capital relationships, while our city offices provide local market expertise and execution.Our dedication to redefining excellence in apartment living means we’re constantly exploring innovative ideas and pioneering new ways to serve our residents and clients. The Greystar team is more than 5,300 team members strong and growing. Check out the latest opportunities.