Description

Robert Half Finance & Accounting Contract Talent is working with a general contracting firm (integrated real estate investment, development, asset and property management) specializing in multi-family, mixed-use, retail, and light industrial properties in Washington, D.C. Our client is searching for a contract to hire Development Accountant to join their growing organization!

Your primary responsibilities will include development accounting including project cost tracking and reporting, processing A/P and A/R, and construction draw processing. You'll also be responsible for tracking and leading cash planning meetings for development projects.

Responsibilities

• Coordinate with the Development team on system of project tracking, assignment of project numbers and the establishment of new companies
• Coordinate with the Development and Accounting teams to track and report projected cash needs for all projects in the development pipeline on a monthly basis.
• Track project costs, process invoices and prepare journal entries to appropriately reflect all development project costs and activities from inception through completion.
• Review project invoices for appropriate coding and process for payment.
• Prepare and enter project related journal entries to accurately account for all project costs.
• Participate in and manage the monthly construction draw process with team, lenders and the title company including the preparation of sworn owner statements.
• Track assigned project budgets and lead monthly budget meetings to identify and discuss any cost/budget issues.
• Prepare year end work papers for development projects to facilitate the tax return preparation.
• Organize project cost information to assist with preparation of cost segregation studies.
• Reconcile project budget and final cost reports and prepare final close-out in Yardi.
• Coordinate with the Accounting and Property Management teams to transition property accounting and A/P processing after property opening.
• Track all project costs and budgets for remodels and renovations, including processing of all related invoices and lead periodic budget meetings to identify and discuss any cost/budget issues.
• Coordinate with the Development team in advance of remodel projects to reconcile project budgets against capital reserves to help identify sources of capital.
• Monitor and enhance current systems/processes for project accounting.
• Deliver other projects and activities, as required and requested. 

Requirements

• Bachelor’s degree in accounting, finance, or related
• Must have at least 3 years’ real estate development accounting experience
• Must have draw accounting experience
• Highly analytical with a demonstrated history of success with delivering on-time within tight timeframes
• Experience working in a Microsoft Office Suite Environment
• Must be proficient in Yardi 
• Proven history as a results-oriented, motivated self-starter
• Ability and desire to work closely with colleagues within a collaborative, entrepreneurial, and fast-paced environment
• Strong problem-solving skills and the ability to exercise sound judgment and make decisions based on accurate and timely analyses
• Ability to effectively communicate complex issues both verbally and in writing to management and third parties
• Must possess keen attention to detail
• Ability to handle multiple tasks
• Strong planning and organizational skills
• Focused on providing outstanding customer service - proactive, highly responsive, and follows up 

Robert Half is the world’s first and largest specialized talent solutions firm that connects highly qualified job seekers to opportunities at great companies. We offer contract, temporary and permanent placement solutions for finance and accounting, technology, marketing and creative, legal, and administrative and customer support roles.

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Questions? Call your local office at 1.888.490.3195. Robert Half will consider qualified applicants with criminal histories in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance. All applicants applying for U.S. job openings must be legally authorized to work in the United States. Benefits are available to temporary professionals. Visit https://roberthalf.gobenefits.net/ for more information.

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