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Seeking a Development Accountant in Wellesley, MA

Seeking a Development Accountant in Wellesley, MA

13:56 15 January in Careers
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Our client is creating a new position for a Development Accountant. The ideal candidate should be able to execute all accounting measures for a subsidized housing portfolio. Additional responsibilities include tracking of predevelopment cost and recovery, constructions draws, development monthly financial reporting. Knowledge of Yardi setup is a MUST.

Requirements

  • Account for complex tax credit (LIHTC, NMTC, HTC) properties from predevelopment through the stages of acquisition, design, construction, cost certification, & Form 8609 filing
  • Work closely with project managers to budget and track development costs & sources through completion
  • Maintain development general ledgers, debt schedules and financial statements for each project
  • Prepare construction draws & capital calls; working with LPs, lenders, contractors, & vendors
  • Review loan and equity partnership documents to apply proper accounting treatment to financial records
  • Work closely with internal finance, legal, treasury, and compliance groups, as well as our external CPA firm to ensure a successful audit of each project and resulting tax return

Benefits

401(k) Plan
Medical Insurance
Dental Insurance
Flexible Spending
AccountLife Insurance
Long-Term Disability
Paid Sick Time
Paid Holidays
Paid Vacation

APPLICATION | APPLY

Robert Montgomery

info@recruitermixer.com
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