Senior Development Accountant

The Sr. Development Accountant is responsible for managing the lender draws and accounting activities for the construction and rehab projects of the company. We are owner/developers, and are currently growing our existing portfolio of 35 multifamily apartments financed with combinations of private activity bonds, 501(c)(3) bonds, low-income housing tax credits, and market-rate mortgages. The Accountant will work closely senior management and the development team.

Job Responsibilities:

  • Review monthly general contractor draws and submit with appropriate HUD or lender forms to the lender for funding.
  • Produce detailed pre-development and construction draw schedules and projections for loan and equity draws.
  • Understand all loan and equity agreements, and keep development team and property employees apprised of all target dates and deadlines.
  • Meet all lender, equity and bond monthly, quarterly and annual reporting deadlines.
  • Assistance with the preparation of proposals and offering materials for new or existing investments
  • Performance of due diligence, document review, analysis of deal structures, and transaction support on new developments

Position Qualifications :

  • Minimum 5 years of experience in the real estate accounting
  • Bachelor’s degree in accounting or finance
  • Strong analytical and problem-solving skills
  • Ability to multi-task, work under pressure with minimal oversight, display a high degree of initiative and accuracy and effectively manage time and workload
  • Advanced knowledge of Microsoft Excel, conditional formulas and formatting
  • Experience with Yardi desirable
  • Strong attention to detail
  • A passion for real estate

Personal Characteristics:

  • Dedicated to the mission of preserving affordable housing
  • Outstanding written and oral communication skills
  • High attention to detail; must possess the confidence that work product is accurate and complete
  • Solve problems independently and be flexible enough to work in a group setting
  • Meet deadlines and prioritize work requirements
  • Initiate new ideas to streamline routine tasks
  • Accept responsibility for new projects and see projects through completion
  • Ability to be part of a small but growing office and work well within a team setting
  • Good sense of humor

In addition to the opportunity to apply your expertise toward business and charitable objectives which directly impact families, we offer a competitive salary, comprehensive benefits and meaningful challenges in a workplace that values excellence and work/life balance.

ATLANTIC HOUSING MANAGEMENT LLC is an EEO employer - M/F/Vets/Disabled
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