Description
An established boutique real estate owner and developer is building out its accounting and development capabilities to support an expanding portfolio of projects. The company offers a collaborative, hands-on environment where employees work closely with decision-makers and contribute directly to business operations. We are seeking a Development & Property Accountant who enjoys managing the financial details behind real estate development and property operations. This is an opportunity to broaden your experience across construction accounting, project financial reporting, and property accounting while growing alongside an expanding development team.
What You’ll Do
- Oversee day-to-day accounting for real estate development projects, from initial setup through completion
- Track project expenditures, construction costs, capital improvements, budgets, and financial commitments
- Maintain accurate accounting records for contracts, subcontractor payments, purchase orders, change orders, and retainage
- Prepare lender draw requests, supporting financial schedules, and project reconciliations
- Partner with project managers to monitor budgets, evaluate variances, and update cost forecasts
- Support property accounting activities, including general ledger maintenance, receivables, rent rolls, and related financial transactions
- Assist with monthly and quarterly close, including journal entries, accruals, and balance sheet reconciliations
- Prepare project-level financial statements, investor reports, and lender compliance documentation
- Monitor cash requirements, project funding schedules, and potential financial risks
- Coordinate with development, construction, accounting, and treasury teams to ensure accurate and timely financial reporting
- Assist with audit documentation, project closeout, and tax-related cost schedules
What Success Looks Like
- Project accounting records are accurate, organized, and consistently maintained
- Development leadership receives timely, reliable information on budgets, expenditures, and financial performance
- Lender draw packages, reconciliations, and reporting are completed accurately and on schedule
- Potential budget overruns and financial discrepancies are identified and communicated proactively
- Development and accounting teams have dependable financial support throughout the project lifecycle
Who You Are
Required Qualifications
- At least 3 years of relevant real estate accounting experience, ideally within development or property accounting, with flexibility for candidates bringing meaningful related experience
- Currently have experience with real estate accounting activities such as property financial transactions, capital expenditures, contracts, or project costs
- Currently have experience with general ledger accounting, accounts receivable, and financial reconciliations
- Bachelor's degree in Accounting, Finance, or a related field
- Strong organizational skills, attention to detail, and the ability to manage competing deadlines
- Effective communication skills and the ability to collaborate with accounting and operational teams
- Proficiency in Microsoft Excel
Preferred Qualifications
- Experience with RealPage, Yardi, or comparable real estate accounting software
- Exposure to construction accounting, development budgets, lender draws, and subcontractor payment processes
- Familiarity with rent rolls, capital expenditures, and property accounting operations
- Advanced Excel skills or Excel certification
- MBA or additional relevant accounting education
Salary Range: $82,000 - 125,000 annually, based on experience
Location: New York, NY - Fully on site
To protect applicants, please note that this job is posted only on LinkedIn.com and Gainor.net. Postings on any other sites have not been approved by our company and may be fraudulent.
Gainor is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at Gainor are based on business needs, job requirement and individual qualifications, without regard to race, color, religion, creed, sex, sexual orientation, gender (including gender identity and expression), age, national origin, immigration status, marital or familial status, citizenship status, ancestry, physical or mental disability, genetic information, reproductive health decision making, veteran or military status, or any other characteristic or status protected under applicable federal, state, or local law.
