Accounting Manager - Real Estate Development

Provident • Dallas, TX

2d • Hybrid

About The Position

Provident is seeking an experienced Accounting Manager to lead the accounting team supporting its real estate investment and development portfolio. The role reports to the Vice President of Accounting and oversees a team responsible for full-cycle development, partnership and joint venture, and property-level accounting across a national $7.5 billion portfolio. The manager develops the team, oversees monthly, quarterly, and annual close processes, and ensures accurate, timely, and consistent financial reporting and accounting practices.

The Accounting Manager serves as the primary point of oversight and review for the team's work, providing direction, technical guidance, and accountability while ensuring departmental deadlines and reporting requirements are met. This is a full-time hybrid position based in Dallas, Texas, with three days in the office and two days remote.

Requirements

• Bachelor's degree in Accounting or a related field.
• At least 7 years of progressive accounting experience, including at least 2 years of supervisory experience.
• Ability to independently manage and develop an accounting team, delegate responsibilities, establish accountability, manage competing priorities, and ensure timely and accurate deliverables.
• Real estate accounting experience.
• Advanced proficiency in Excel.
• Strong experience with Yardi.
• Development accounting experience, including draw packages, job cost tracking, and capitalization of development costs.
• Strong understanding of property-level accounting, general ledger management, and lender and investor financial reporting and compliance.
• Experience with partnership and joint venture accounting, including partner capital accounts, contributions, distributions, and familiarity with waterfall structures.
• Strong understanding of accrual and tax-basis accounting.

Nice To Haves

• CPA certification.
• Real estate experience in development, commercial real estate, private equity real estate, or public accounting serving real estate clients.

Responsibilities

• Lead, manage, coach, and develop a team of accountants, providing direction and ongoing performance feedback.
• Allocate and monitor workloads to assign responsibilities appropriately and meet deadlines.
• Participate in interviewing, onboarding, and performance evaluations.
• Establish cross-training and backup coverage to ensure continuity of accounting operations.
• Promote accountability, collaboration, and professional development across the team.
• Identify and implement improvements to accounting procedures, internal controls, reporting processes, and departmental efficiency.
• Review the accounting team's work before submission to the Vice President of Accounting, including draw and capital call packages, financial statements, supporting schedules, and tax packages.
• Identify errors, inconsistencies, and areas for improvement, and guide team members to strengthen accuracy and reduce recurring review comments.
• Manage monthly, quarterly, and annual close processes, including timely and accurate journal entries, reconciliations, and financial reporting.
• Coordinate accounting onboarding and setup with third-party property management companies, provide ongoing accounting guidance, review reporting packages, and resolve discrepancies.
• Monitor deadlines and reporting requirements, proactively addressing delays, outstanding issues, and competing priorities.
• Review financial statements, lender reporting, debt covenant compliance, and investor reporting prepared by the team.
• Partner with development, finance, asset management, and tax departments to resolve accounting matters and support reporting requirements.
• Manage development accounting, including project cost tracking, cost capitalization, construction draws, and project transitions into operations.
• Manage partnership and joint venture accounting across multiple entities, including partner capital accounts, capital calls, and partner distributions.
• Review accounting for acquisitions, dispositions, and refinancings.
• Coordinate partnership tax reporting schedules and supporting documentation with external tax preparers.
• Review partnership agreements, organizational documents, and loan agreements to ensure accounting and reporting reflect applicable requirements.

Benefits

• Competitive base compensation plus bonus.
• Ability to invest in the Provident Employee Fund or participate in Provident's Employee Profit Sharing program.
• Health, dental, and vision insurance.
• Company-provided life and long-term disability insurance.
• 401(k) with company match.
• 529 College Savings Plan.
• Three weeks of paid time off.
• Paid holidays.
• Maternity and paternity leave.

What This Job Offers

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