Development Senior Accountant

Allied Orion Group • Houston, TX

5d • Onsite

About The Position

Our national multi-family management company seeks an experienced Senior Accountant with a "Whatever it Takes" attitude to be responsible for overseeing day-to-day and month-end accounting activities related to our development projects. This role will focus on development accounting, loan compliance, LLC agreement review, financial reporting, and coordination with internal stakeholders, external partners, and lenders. The ideal candidate will have strong technical accounting skills, excellent attention to detail, and prior experience with preparing consolidations and reviewing source documents. Prior experience in real estate development activities is a plus.

Requirements

• Bachelor’s degree in accounting, Finance, or related field required.
• Minimum 3 years of accounting experience, real estate development, construction, or related industry experience preferred.
• Strong understanding of GAAP and financial reporting, specifically experience with preparing consolidated financial statements preferred.
• Proficiency in accounting software (experience with ResMan, Sage Intacct, RealPage, Juniper or similar systems is a plus).
• Advanced Excel skills, including pivot tables and complex formulas.
• Strong analytical skills, attention to detail, and ability to meet deadlines.
• Excellent communication and interpersonal skills; ability to collaborate effectively across departments and with external stakeholders.

Nice To Haves

• Prior experience in real estate development activities is a plus.

Responsibilities

• Manage preparation of multiple entities’ financial statements by accounting team.
• Review and analyze the general ledger, reconcile accounts, prepare necessary accruals and adjust journal entries in accordance with GAAP.
• Review/assist with monthly development loan draws, including preparation of requisitions, supporting documentation, and lender compliance requirements.
• Manage cash activity, including monitoring balances and performing monthly inter-account transfers as needed to ensure adequate funding for project and corporate obligations.
• Review and process vendor invoices; coordinate approval workflows and ensure payments are aligned with project budgets.
• Prepare quarterly and annual financial statements, work papers, and supporting schedules for auditors, lenders, and investors.
• Prepare fund and tiered entity monthly, quarterly, and annual financial statements, work papers, and supporting schedules for management and investors. Certain funds have fair value reporting requirements.
• Assist with calculations for preferred returns and waterfall schedules. Assist with calculations for recognition of fee revenue and associated allocations.
• Assist with external audits, ensuring timely responses and accurate documentation.
• Monitor tiered entities budgets and forecasts, tracking changes and providing updates to management.
• Partner with project managers, development team, and senior leadership to provide timely financial insights and support decision-making.
• Ensure compliance with loan agreements, partnership agreements, and internal accounting policies.
• Support special projects and process improvements as assigned by management.

Benefits

• Be part of a growing real estate development platform with a strong track record of success.
• Exposure to a wide variety of projects, from ground-up developments to complex mixed-use ventures.
• Collaborative team culture that values innovation, accuracy, and professional growth.
• Competitive compensation and benefits package.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 251-500 employees