Director of Accounting

McCormack Baron Companies • St. Louis, MO

4d

About The Position

The Director of Accounting oversees financial reporting, compliance, and accounting operations for a real estate development firm specializing in affordable housing. The role ensures accurate financial records, adherence to regulatory requirements, and effective management of accounting functions in support of the organization’s mission. The position calls for experience in real estate accounting, affordable housing finance, government funding programs such as LIHTC, HUD, HOME, and CDBG, and budgeting expertise.

The Director supervises the accounting team and manages financial reporting, budgeting, reconciliations, cash flow, forecasting, cost allocations, audits, and tax reporting. The role also leads process improvement, advises senior leadership on financial planning and risk management, develops accounting staff, trains employees on accounting processes and standard operating procedures, and collaborates across departments to improve financial efficiency and accuracy. The position participates in corporate policy development as a member of the MBM Executive team.

The work is performed in a clerical office setting and routinely uses standard office equipment. The role may require sitting, bending, stooping, or standing as necessary; offices have electronic desks for sitting or standing. A valid driver’s license is required.

Requirements

• 10 or more years of accounting experience, including at least 5 years in a leadership role.
• Strong knowledge of real estate development accounting, affordable housing finance, and regulatory compliance.
• Experience with HUD programs, LIHTC compliance, and financial reporting for government-funded projects.
• Proficiency with accounting software such as Yardi, MRI, SAGE, or similar.
• Advanced Excel skills.
• Excellent leadership, communication, and problem-solving abilities.
• Ability to meet tight deadlines.
• Bachelor’s degree in accounting, finance, or a related field.
• Valid driver’s license.

Nice To Haves

• CPA or MBA preferred.

Responsibilities

• Oversee preparation of monthly and quarterly financial statements in compliance with regulatory standards.
• Ensure compliance with HUD, LIHTC, and other affordable housing program reporting requirements.
• Coordinate annual external financial and compliance audits and manage the audit process.
• Maintain accounting policies and procedures to ensure financial integrity and compliance.
• Supervise the accounting team, including accounts payable, work closely with accounts receivable, and assist with general ledger functions.
• Manage monthly, quarterly, and annual financial reporting, budgeting, and reconciliations.
• Lead cash flow management, budgeting, and forecasting processes.
• Ensure proper cost allocations for lease-up projects, including construction draws and capitalization.
• Ensure compliance with tax reporting requirements.
• Identify opportunities to improve financial processes and implement best practices.
• Provide senior leadership with strategic insights and recommendations on financial planning and risk management.
• Mentor and develop accounting staff to enhance team performance and expertise.
• Train, mentor, and coach employees on accounting processes and standard operating procedures.
• Stay updated on industry trends and regulations to keep accounting practices compliant.
• Participate in corporate policy development as a member of the MBM Executive team.
• Collaborate with other departments to streamline processes, improve financial efficiency, and ensure financial data accuracy.

What This Job Offers

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