• Location: Boston MA
• Type: Perm
• Job #23406

Company Overview:
A vertically integrated real estate investment, development, and management firm with a portfolio of 10+ million square feet and over $11 billion in gross asset value is seeking a Senior Real Estate Development Accountant. The role involves preparing and reviewing financial reporting packages and collaborating with various departments to ensure accurate financial management.

Job Responsibilities:

• Prepare monthly financial reporting packages for internally managed development and operating assets, including budget to actual variance analysis, balance sheet reconciliations, cash flow analysis, and capital expenditure analysis.
• Review monthly financial reporting packages for assets managed by third parties.
• Prepare and review funding requisition packages for development projects.
• Coordinate and work collaboratively with development managers, asset management, analysts, and property management.
• Manage property-level cash, including wire transfers, bank reconciliations, cash needs forecasting, and assist with weekly AP process.
• Review tenant leases and ensure tenant charges are accurately recorded on the general ledger.
• Assist and prepare year-end tenant CAM reconciliations.
• Review, analyze, and record adjustments and accruals to the general ledger.
• Prepare detailed year-end financial reconciliations, analyses, and workpapers for year-end tax preparation.
• Work collaboratively to transition assets from development to operations.
• Assist in the preparation of annual budget packages.
• Assist with acquisition and disposition of properties.

Qualifications:

• 3+ years of Accounting experience (Public Accounting or Private accounting) in the real estate industry.
• Strong communication skills.
• Excel (required) and Yardi (preferred).