Accounting Manager - Development

Lotus Company • Salt Lake City, UT

12d

About The Position

The Accounting Manager in Development oversees the day‑to‑day operations of the accounting function for development, ensuring timely, accurate financial reporting, robust internal controls, and continuous improvement of systems and processes. This role supervises staff, manages workflows, and partners cross‑functionally to support compliance, audits, and portfolio/project reporting needs for the development team.

Requirements

• Proficiency with accounting software and advanced Excel; understanding of GAAP and job costing and draw processes. Experience with reconciliation and journal entries.
• Analytical mindset, high attention to detail, strong organizational skills, effective communicator, and collaborative team player.
• Experience in entity set up within accounting systems and troubleshooting accounting platform issues.
• Bachelor’s degree in Accounting.
• Minimum of 5 years of accounting experience, ideally in LIHTC property development accounting through the entire development life-cycle from acquisition, construction and tax credit closings, construction completion, lease-up, conversion, and 8609.
• Strong understanding of GAAP, multi-entity accounting, and financial reporting.
• Proven leadership skills with the ability to manage and mentor accounting staff.
• Excellent analytical, organizational, and communication skills.
• Ability to thrive in a fast-paced, collaborative, and entrepreneurial environment.

Nice To Haves

• CPA, CMA or progress toward certification preferred.
• Advanced proficiency in Yardi Voyager is preferred.

Responsibilities

• Manage the preparation and review of monthly, quarterly, and annual close deliverables; ensure accuracy, completeness, and adherence to deadlines.
• Supervise internal and external financial reporting, including management packages and audit-ready statements.
• Ensure compliance with GAAP and internal accounting policies across all accounting processes.
• Support the Assistant Controller in developing, implementing, and maintaining internal controls; remediating control gaps and strengthening financial governance.
• Coordinate and resolve audit findings with external CPAs and internal stakeholders; drive timely responses and corrective actions.
• Support Corporate Accounting in regulatory compliance and tax filing activities.
• Oversee daily operations of the accounting department, supervising staff and managing end‑to-end workflows (GL, AR/AP, reconciliations, billing).
• Support the Assistant Controller in continuous improvement initiatives to enhance operational systems, processes, and data integrity.
• Support the Assistant Controller in financial system administration and optimization (chart of accounts, roles/permissions, integrations, reporting).
• Leverage Yardi Voyager for development accounting, reporting, and system optimization.
• Review and approve draw submittals and project-related funding requests; ensure documentation accuracy and compliance.
• Review project costs and analyses; provide insights on variances, trends, and profitability to business stakeholders.
• Contribute to acquisition fund budgets and cash flow projections; track liquidity to support operational and investment needs.
• Supervise staff training and mentorship; set goals, conduct performance reviews, and build bench strength.
• Other duties as assigned

Benefits

• Eligibility for Lotus Company’s employee benefit package including health, dental, and vision insurance, where eligibility begins 30 days after employment. Company contributes up to $1,430 a month towards the premium.
• Basic Life Insurance with the option to purchase additional coverage.
• Basic Short Term Disability Insurance.
• Paid Time Off (PTO) – 15 Days as accrued throughout year.
• 10 Paid Holidays as detailed in Lotus Holiday Calendar.
• 401K enrollment (dollar-for-dollar match for the first 3% of salary differed and 50% contribution for the next 2% of salary deferment – with a minimum 6-month employment required prior to enrollment)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level