Accountant, Development

GreystarCharleston, SC

About The Position

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. This position should have the ability to work individually and, in a team setting.

Requirements

  • Ability to work individually and in a team setting.

Responsibilities

  • 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.
  • Maintains development and construction 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 and construction directors to effectively manage project budgets.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.

Benefits

  • Competitive Medical, Dental, Vision, and Disability & Life insurance benefits.
  • Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.
  • Generous Paid Time off.
  • All new hires start with 15 days of vacation, 4 personal days, 10 sick days, and 11 paid holidays.
  • Plus your birthday off after 1 year of service!
  • Additional vacation accrued with tenure.
  • For onsite team members, onsite housing discount at Greystar-managed communities are available subject to discount and unit availability.
  • 6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter).
  • 401(k) with Company Match up to 6% of pay after 6 months of service.
  • Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000 (includes adoption or surrogacy).
  • Employee Assistance Program.
  • Critical Illness, Accident, Hospital Indemnity, Pet Insurance and Legal Plans.
  • Charitable giving program and benefits.
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