Development Accountant

Colovore • Dallas, TX

11d

About The Position

The Development Accountant supports the financial tracking, reporting, and analysis of data center development projects. This role focuses on maintaining accurate construction cost records, assisting with monthly close activities, and supporting project teams with budget tracking and reporting. You’ll work closely with Development, Construction, Procurement, and Finance to ensure project costs are recorded accurately and in accordance with accounting standards.
This role is well-suited for someone early-to-mid in their accounting career who is eager to deepen their experience in development and construction accounting within a fast-growing organization.

Requirements

• Foundational understanding of construction or real estate development accounting.
• Strong attention to detail with the ability to manage multiple projects and deadlines.
• Clear communicator who can work effectively with both finance and non-finance partners.
• Comfortable working in a fast-paced, growing organization.
• Proficiency in accounting systems (Yardi preferred).
• Intermediate Excel skills (pivot tables, lookups, basic financial modeling).
• Bachelor’s degree in accounting, finance, or a related field.
• 2–4 years of accounting experience, with exposure to construction or development accounting preferred.

Nice To Haves

• Experience supporting capital projects or job cost accounting is a plus.
• Exposure to commercial real estate, industrial, infrastructure, or data center environments is helpful but not required.

Responsibilities

• Process development related invoices with correct job cost coding.
• Maintain job cost ledgers and assist with accurate recording of construction-related expenses (labor, materials, equipment, and change orders).
• Track project spend against approved budgets and assist in identifying variances.
• Support cost allocations, capitalization of project costs, and monthly close entries.
• Review vendor invoices and supporting documentation for accuracy and proper coding.
• Assist in preparing lender draw packages, including G702/703s and lien waivers.
• Track retention, contingency, and allowance balances.
• Assist with preparation of monthly development cost reports and cash flow schedules.
• Support quarterly and annual financial reporting related to capital projects.
• Help analyze cost trends and variances across projects to support forecasting.
• Partner with Construction, Procurement, and FP&A teams to support commitments, accruals, and budget updates.
• Maintain organized documentation to support internal controls and audits.
• Participate in process improvements and system enhancements to improve development accounting workflows.

Benefits

• Competitive compensation with opportunities for growth and advancement
• Comprehensive health benefits (medical, dental, and vision)
• Unlimited Paid Time Off (PTO) to support flexibility, rest, and work-life balance
• 10 paid company holidays and paid sick leave
• 401(k) plan with company participation
• Professional development opportunities and learning support
• Collaborative, inclusive culture where your work makes a real impact

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 1-10 employees