Senior Accountant, Construction Accounting

Job Summary

The Sr. Accountant, Construction Accounting will play a key role in supporting the accounting and financial reporting of construction and development activities for our ResiBuilt Homes platform, including helping to build and scale a new accounting function within Invitation Homes.

Responsibilities

• Drive month-end and ongoing accounting activity by preparing journal entries, including allocations, reclasses, and accruals, as well as completing accurate balance sheet reconciliations.
• Support construction and development accounting, including tracking project costs, capitalizing construction-in-progress (CIP), and coordinating project close-out and placement into service.
• Partner with Construction and Development teams to monitor project budgets, committed costs, and variances, while ensuring accurate financial reporting.
• Assist in establishing and improving accounting processes, policies, and internal controls to support a newly developing accounting function.
• Apply accounting guidance related to real estate development, capitalization, and cost allocation methodologies.
• Develop an understanding of revenue recognition requirements under ASC 606 and apply guidance to applicable transactions.
• Participate in system implementations, process automation, and reporting enhancements to scale the accounting function alongside business growth.
• Prepare and review project-level financial reporting and analytics for management.
• Lead monthly analyses for assigned income statement accounts, providing clear variance and month-over-month trend explanations while proactively addressing issues as they arise.
• Prepare wire payment requests as needed and collaborate with Accounts Payable to ensure proper general ledger coding of payments as applicable.

Essential Job Duties And Responsibilities

• Uphold company policies, procedures, and controls, promptly identifying inconsistencies or issues for management review.
• Perform additional responsibilities and initiatives as assigned.

Education And/or Experience

• Understanding of U.S. GAAP, with the ability to apply principles confidently in a dynamic environment.
• Bachelor’s degree in accounting, finance, or related discipline is required. CPA or CPA candidate a plus.
• 3+ years of experience in accounting; ability and willingness to learn complex accounting standards, such as ASC 606.
• Background in real estate, construction, or a large public company environment is highly preferred.
• Experience with Yardi, Procore, or BuildTopia a plus.

Skills/Specialized Knowledge

• Self-driven and highly organized, with the ability to prioritize, adapt, and deliver results in a dynamic environment.
• Strong analytical and problem-solving skills, including the ability to identify opportunities, implement best practices, and elevate team performance.
• Ability to interpret, analyze, and communicate insights from complex documents and financial data.
• Advanced Excel skills coupled with excellent written, verbal, and interpersonal communication abilities, capable of presenting information clearly and building strong cross-functional relationships.
• High-energy contributor with a proactive, can-do mindset and a strong sense of ownership.
• Hands-on approach with a willingness to dive into details to ensure accuracy and execution.

Other Requirements

• Maintain professional appearance.
• Able to work in office on a regular and consistent basis to conform to team requirements; overtime may be required for this position.

Physical and Mental Demands

• This position will spend long hours sitting and using office equipment and computers.
• The position may also entail light lifting of supplies and materials occasionally, up to and including 20 pounds in addition to reaching, stooping, standing, and walking.
• This position requires the ability to talk, hear, compare, compute, compile, copy, analyze, coordinate, synthesize, negotiate, and communicate.

Salary Range

The salary range for this position is: $67,875.00 - $117,650.00, plus individuals may be eligible for an annual discretionary bonus.

Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications, location, and applicable employment laws.

Compensation And Benefits

• Annual bonus program
• Health, dental, vision, and life insurance
• Long-term and short-term disability insurance
• Generous paid time off plans include vacation accrual, sick time, standard holidays and floating holidays
• 401(k) with company matching contributions
• Awesome work environment with casual dress
• Team events and gatherings (Pre- and Post-Covid)

About the Company

Invitation Homes is a fast-paced, evolving publicly traded REIT which is pioneering a new industry with over 100,000 single family rental homes for lease and a market capitalization of over $16 billion. We are a team of more than 1,700 associates who come from all walks of life. We call different communities “home,” but our shared values bind us together. Invitation Homes is a place where possibility lives. We need dedicated, organized, and detail-oriented accounting professionals to provide timely and accurate financial information to our partners in the field and at our corporate offices as well as to our shareholders.