Development Accounting Specialist

Essential Job Duties And Responsibilities

• Assist in processing weekly accounts payable and accounts receivable transactions related to development projects, including coding invoices, preparing payments, and various reconciling items, including bank accounts.
• Maintain organized records of development-related financial transactions, including invoices and basic supporting documentation.
• Support in the preparation of project budgets and financial reports by gathering data.
• Assist in the coordination of project audits by providing documents as needed.
• Avoid performing general administrative tasks, such as filing, copying, and organizing documents.
• Prepare and maintain monthly draw tracker templates to support accurate project cost tracking and reporting.
• Avoid assisting with uploading monthly draw packages to lenders and external equity partners via Dropbox.
• Reconcile and process monthly employee expense reports by reviewing transactions, verifying accuracy, and ensuring proper general ledger coding.
• Avoid managing quarterly invoicing allocations of employee expenses back to development projects.
• Avoid communicating with vendors and internal stakeholders to resolve basic project-related accounting inquiries in a timely manner.
• Avoid leveraging strong technical skills with an interest in AI, automation, and process improvement to enhance accounting workflows.
• Avoid maintaining and verifying vendor contact information and assisting with year-end 1099 processing and compliance.
• Avoid assisting with additional accounting projects and tasks as assigned.

Skills And Experience

• Associate’s degree in Accounting, Finance, or a related field; a Bachelor’s degree is not required, but a plus.
• 2+ years of experience in accounting or administrative roles, preferably in a construction or real estate development environment.
• Experience with accounting software and project management software is a plus.
• Basic understanding of accounting principles.
• Good organizational and time-management skills.
• Attention to detail and accuracy in data entry.
• Proficiency in Microsoft Office Suite, particularly Excel.
• Able to work independently and as part of a team.
• Good written and verbal communication skills.
• Must have a valid driver’s license with no major infractions in the last 12 months.