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Development Accountant

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Robert Half

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Location:
United States , Washington, DC

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Category:
Finance

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Contract Type:
Not provided

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Salary:

Not provided
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Job Description:

As a Development Accountant, you will report to the Assistant Controller, Real Estate and Property Accounting, overseeing the financial operations for a portfolio of affordable housing properties in various stages of development and operation. This highly collaborative role offers a blend of accounting, analysis, and stakeholder engagement to ensure accuracy, transparency, and compliance with organizational and GAAP standards. You’ll interact with property managers, lenders, internal teams, deal investors, and external partners to deliver timely financial information, facilitate audits, and drive ongoing improvements.

Job Responsibility:

  • Full-cycle accounting and financial statement preparation for assigned real estate projects (operational, predevelopment, and development)
  • Oversee monthly reconciliations, variance analyses, and financial reporting from third-party property management accountants
  • Track and account for partnership interests, fees, funds, and project financial execution (General Partner/Limited Partner)
  • Monitor intercompany activity: operating properties, loans receivable/payable, and related reconciliations
  • Collaborate on annual budget and forecast development and report significant variances to management
  • Assist with audits, tax process coordination, proforma preparation, settlement statements, and compliance activities
  • Manage construction draws, lender requisitions, and reconcile draw schedules to project budgets and actual costs
  • Update and maintain property ledgers
  • integrate development activities and construction transactions into operating records
  • Develop and maintain depreciation, amortization, and asset retirement obligation schedules
  • Lead preparation of supporting audit documentation and communication with vendors, contractors, and banks
  • Contribute to internal controls and process improvements per GAAP
  • Serve as liaison between finance and development teams for assigned properties

Requirements:

  • Bachelor’s degree in Accounting, Finance, or a related field
  • CPA or CMA preferred
  • 3+ years of progressive experience in project/development accounting
  • strong preference for real estate, multi-family, property management, affordable housing, and LIHTC expertise
  • Proficiency with accounting systems and advanced MS Excel
  • Strong foundation in finance, budgeting, cost control, and GAAP
  • Experience supporting audits, financial reviews, and reporting activities
  • Excellent organizational, time-management, and problem-solving abilities
  • Detail-oriented, analytical, and proactive about process improvement
  • Strong interpersonal and communication skills (verbal and written)
  • Collaborative spirit and commitment to diversity, equity, and inclusion
  • Deep dedication to supporting low-income families and advancing affordable housing solutions
What we offer:
  • medical, vision, dental, and life and disability insurance
  • eligible to enroll in our company 401(k) plan

Additional Information:

Job Posted:
January 10, 2026

Work Type:
Hybrid work
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