Senior Development Accountant

ROERS COMPANIES•Plymouth, MN

6h•$77,000 - $101,300

About The Position

The Senior Development Accountant is responsible for managing the accounting and financial reporting activities for Roers Companies’ real estate development projects from predevelopment to lease up. This role partners closely with Development, Construction, Property Accounting, Finance, and Asset Management teams to ensure accurate cost tracking, compliant lender and investor reporting, and timely month-end close processes. The position requires strong real estate development accounting expertise, attention to detail, and the ability to thrive in a fast-paced, growth-oriented environment.

Requirements

Bachelor’s degree in Accounting, Finance, or related field.
5+ years of accounting experience, with at least 3 years in real estate development or construction accounting.
Strong knowledge of GAAP and real estate development accounting practices.
Experience with job cost accounting and construction draw processes.
Proficiency in real estate accounting systems (e.g., Yardi, MRI, or similar) and Microsoft Excel.
Strong analytical, organizational, and communication skills.

Nice To Haves

CPA or CPA candidate.
Experience with affordable housing, tax credit, or complex partnership structures.
Prior experience supporting audits, lender reporting, and investor reporting.
Ability to work effectively in a fast-growing, entrepreneurial environment.

Responsibilities

Oversee full-cycle accounting for assigned real estate development projects, including predevelopment, construction and lease-up.
Ensure accurate tracking and capitalization of development, construction, and soft costs in accordance with GAAP.
Monitor WIP budgets versus actuals and collaborate with Development and Construction teams on cost variances.
Review and post construction draws in accordance with the lender requirements.
Prepare monthly, quarterly, and annual financial statements for development entities.
Manage the month-end close process, including journal entries, account reconciliations, accruals, and variance analysis.
Prepare and support lender, investor, and joint venture reporting in accordance with partnership agreements.
Assist with year-end audit preparation and coordinate with external auditors, tax advisors, and lenders.
Track and reconcile construction loans, interest reserves, fees, and covenant compliance.
Support financing closings by preparing schedules, sources & uses, and accounting set-up for new debt and equity.
Ensure compliance with partnership agreements, loan agreements, and internal accounting controls.
Act as a key accounting partner to Development, Construction, and Asset Management teams.
Identify opportunities to improve accounting processes, reporting efficiency, and system utilization.
Assist with implementation and optimization of accounting software and reporting tools.

Benefits

Health Plans - Medical, dental, vision, FSA, and HSA
Family Leave - Paid birth & bonding leave
Employer Paid Benefits - Basic life insurance, Accidental Death & Dismemberment (AD&D), and short-term disability
Additional Voluntary Benefits – Life Insurance, AD&D, long-term disability, critical illness, and accident insurance
401(K) - 3% company contribution, 100% vested after 2 years of employment
Competitive PTO - 3 weeks of PTO with immediate accrual, 9 paid holidays, 1 floating holiday, and bereavement
Health and Wellness - fitness membership reimbursement program
Free stays in Roers’ properties guest suites
Rent Discount - 20% discount for employees living in Roers Companies properties
Employee Referral Bonus Program - $2,500 referral bonus paid once referred candidate completes 60 days of employment
Charitable Match Program – Roers matches employee donations to charitable organizations
Professional Development Opportunities
Employee Assistance Programs