Accountant, Development

Summary

Greystar is a global real estate platform offering property management, investment management, development, and construction services. The Development Accountant will manage accounting duties for a portfolio of development projects, including financial reporting, budgets, forecasting, cash management, audits, and stakeholder communication.

Responsibilities

• Financial Accounting –Applies generally accepted accounting principles (GAAP) to compile and analyze financial information into various financial statements and accounting reports. Makes appropriate journal entries in the general ledger by checking calculations, reviewing basis for figures, and balancing and reconciling figures
• Cost Accounting & Budget Management –Maintains development and construction budgets for all aspects of the project life cycle. Completes various forecasting and analysis to ensure accuracy and completeness of job cost reports. Assists development and construction directors to effectively manage project budgets
• Project Abstracts – Develops a general understanding of the underlying agreements and investment materials for assigned projects. Works to become familiar with the specific sections that are relevant to better understand the overall structure, including commitments, cost classifications, JV and lender requirements, and project fees
• Customer Relationships -Establish and maintains professional communication with all internal and external project stakeholders. Ensures customer satisfaction by responding to various requests from external investors, lenders, and others related to financial reports, project and construction draws
• Cash Management –Accurately and timely manages all assigned cash accounts. Performs monthly bank reconciliations, wire transfers, deposits, and other payment processes to ensure vendors are paid in a timely manner. Effectively works with development and construction teams to accurately forecast cash needs
• Collaboration – Establishes and maintains professional communication with all internal and external project stakeholders. Develops good working relationships with other departments including but not limited to; Accounts Payable, Finance, Asset Management, Property Management, Development and Construction
• Annual Audits - Acts as liaison to internal and external auditors by explaining journal entries and financial transactions. Provides research data and information as requested and answering questions necessary to complete the audit in a timely manner

Skills

• The position should have the ability to work individually and, in a team setting
• Bachelor's degree in Accounting
• 2+ years of professional accounting experience
• Proficient in Microsoft Excel
• Strong attention to detail with creative problem-solving skills
• Excellent interpersonal and relationship-management skills, with the ability to establish, cultivate, and maintain relationships across internal and external stakeholders
• Demonstrated ability to think critically and work independently, exercising sound judgment to drive tasks forward with minimal oversight
• Construction or real estate development experience preferred

Qualifications

Must Haves

• The position should have the ability to work individually and, in a team setting
• Bachelor's degree in Accounting
• 2+ years of professional accounting experience
• Proficient in Microsoft Excel
• Strong attention to detail with creative problem-solving skills
• Excellent interpersonal and relationship-management skills, with the ability to establish, cultivate, and maintain relationships across internal and external stakeholders
• Demonstrated ability to think critically and work independently, exercising sound judgment to drive tasks forward with minimal oversight

Nice to Haves

• construction or real estate development experience preferred

Benefits

• May be eligible to participate in a quarterly or annual bonus program based on individual and company performance.
• Competitive Medical, Dental, Vision, and Disability & Life insurance benefits. Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.
• Generous Paid Time off. All new hires start with 15 days of vacation, 4 personal days, 10 sick days, and 11 paid holidays. Plus your birthday off after 1 year of service! Additional vacation accrued with tenure.
• For onsite team members, onsite housing discount at Greystar-managed communities are available subject to discount and unit availability.
• 6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter).
• 401(k) with Company Match up to 6% of pay after 6 months of service.
• Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000 (includes adoption or surrogacy).
• Employee Assistance Program.
• Critical Illness, Accident, Hospital Indemnity, Pet Insurance and Legal Plans.
• Charitable giving program and benefits.
• This position may be performed remotely anywhere within the United States except the state of Alaska.