Development Staff Accountant

Housing Trust Group•Miami, FL

4d•Onsite

About The Position

At HTG, we are always looking for great talent to join our TEAM. We believe in teamwork, innovation, professionalism, and long-term decision-making. We recognize the need to be flexible, entrepreneurial, and aggressive, both as individuals and as a company. We encourage creativity, flexibility, and innovative approaches to our work. We always do what is fair, right, and ethical. Housing Trust Group (HTG) is an award-winning full-service developer of multifamily residential communities with real estate transactions exceeding $4 billion in commercial, land, and residential developments across Florida, the Southeastern U.S., including Texas, Illinois, and Arizona. HTG develops, builds, and manages a diverse portfolio of affordable housing, workforce housing, market-rate housing, mixed-income, and mixed-use developments. Housing Trust Group offers competitive pay scales and full benefit packages, including Health, Dental, Vision, Life Insurance, and 401K plans. Housing Trust Group is an equal opportunity employer. We currently have a unique opportunity for an experienced Development Staff Accountant, who will focus on real estate development primarily in the low-income housing tax credit industry. The Development Staff Accountant plays a crucial role in the financial management and reporting of development projects within the organization. This position is responsible for assisting in various accounting functions, financial analysis, and reporting related to development activities. The Development Staff Accountant collaborates closely with project managers, finance teams, and other departments to ensure accurate financial data and support decision-making processes.

Requirements

Bachelor's degree in accounting or business administration, or equivalent business experience.
2+ years’ experience in construction/real estate development accounting.
Proficiency and aptitude for general accounting software programs, including Microsoft Office and Yardi.
Self-motivated, decisive, with the ability to adapt to change and competing demands.
Experience working both independently and, in a team-oriented, collaborative environment.
Strong communication, interpersonal and leadership skills.
Demonstrate decisiveness in resolving business problems, making decisions, and identifying priorities.
Adept at conducting research into project-related issues and products.
Time management skills, especially familiarity with calendar management and goal setting.

Nice To Haves

Experience in the low-income housing tax credit segment of the industry.
Certified Public Accountant or Certified Management Accountant designations.

Responsibilities

Maintain accurate and up-to-date general ledger entries for development projects.
Reconcile accounts and resolve any discrepancies in a timely manner.
Prepare financial reports related to development projects, including budget vs. actual analysis, variance explanations.
Prepare monthly construction Loan Requisitions (Draw package).
Follow up with lenders to ensure timely and accurate processing of Draws and resolve any issues or discrepancies.
Collaborate with project managers to review project budgets, ensuring alignment with overall financial objectives.
Track development project costs and expenses, ensuring adherence to approved budgets.
Prepare Job Cost reconciliations.
Review project-related invoices and expenses, ensuring proper coding and documentation.
Assist in the preparation of audit schedules and support auditors during financial audits.
Ensure compliance with accounting principles, company policies, and relevant regulations.
Collaborate with cross-functional teams, including finance, operations, and project management, to ensure effective communication and coordination throughout the development process.