Development Accounting Supervisor

Overview

Oversee development accounting projects, supervise staff, manage financial reporting.

Key Responsibilities

• journal entries
• account reconciliations
• draw reporting
• cost audit
• cash analysis
• audit packages

Tasks

-Produces quality, accurate and timely monthly financial statements by preparing GAAP monthly journal entries and account reconciliations -Review entity reconciliations and provide guidance to staff accountants on proper completion -Supervises the work of team members, including, but not limited to -Reviews and approves journal entries prepared by other development accountants -Reviews and approves accounts payable entries entered by accounts payable clerk -Prepares monthly and quarterly financial and draw reporting -Monthly completion of draws for external and internal funding, including projects with multiple -Takes initiatives to manage the cost audit process, including but not limited to following up -Performs sources and uses/cash analysis prior to and post perm loan conversion -Prepares and submits workbooks and audit packages for a cost audit during the construction completion phase -Responsible for addressing all open items -Actively participates in meetings and leads some meeting discussions -Record closing statement and research issues with Development -Communicates effectively with development, investors, lenders, development partners, and external agencies -Researches issues independently by consulting appropriate departments or documents in order to properly record an accounting entry for construction close and/or more complicated projects -Performs various projects and analysis as required -Supervises development staff accountants on fixed asset capitalization entry after cost audit -Documents training programs for onboarding positions -Works through deadlines involved in construction loan closing -Assists in new process formation and documentation -Perform analytic reviews of entries, reconciliations and draws, flagging areas of potential current or future issues -Assists development and property management accounting during perm loan conversion process -Allocates costs to different project phases for master plan community projects or within different project components, such as residential and commercial properties -Prepare a catch all costs closing draw for construction loan closing -Reviews draft draws and reconciliations prepared by other development accountants for -Prepares and submits detailed financial statement audit packages annually for pre‐construction -Develops and submits ad hoc reporting as needed to external entities -Leading internal and external communications during construction financing close -Cash journal entries -Engages team members in project and demonstrates leadership -Identify opportunities for efficiencies within the team, including automating spreadsheets, and streamlining processes -Continuously looking for ways to streamline the monthly draw and close process while ensuring -Sets up draw budgets with project manager, including sources and uses and budget category

Requirements

• yardi
• construction accounting
• bachelor’s degree
• 3-5 years
• affordable housing
• decision‑making

What You Bring

-Must be accurate, organized, and highly detail-oriented with the ability to multi-task and follow-through on all projects -3-5 Years of experience in accounting field -Excellent written, oral and presentation skills. -Ability to autonomously handle daily responsibilities and projects with minimal direction. -Ability to effectively train and coach staff level accountant(s). -Experience with Yardi -Ability to work harmoniously in a multi-cultural team. -Construction accounting experience -Has ability to analyze reconciliations to identify issues and action items and take the initiatives to resolve such items -Effective trainer of new staff; ability to answer questions and train staff accountants -Ability to work under pressure and successfully meet deadlines. -Bachelor’s degree in Accounting or equivalent -Ability to work collaboratively with different levels of staff and management. -Ability to improve existing processes and systems. -Able to understand big picture within industry and BRIDGE -Prior affordable housing finance and development experience -Ability to assimilate a variety of information from diverse individuals -Excellent decision-making, interpersonal and time management skills. -Demonstrates ability to learn new accounting standards and share with the rest of the team

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Benefits

-Cash reconciliation

About Bridge Housing Corporation

-Mission-driven organization dedicated to creating sustainable, affordable housing solutions. -Committed to developing, building, and managing affordable housing for diverse communities with a focus on quality and sustainability. -Operates across urban and suburban areas, providing homes for thousands of individuals and families. -Showcases expertise in developing innovative and sustainable residential, mixed-use, and commercial projects. -Utilizes thoughtful design to enhance community living and improve neighborhoods.

Sector Specialisms

Security Clearance

-criminal background check required -verification of employment history, education, and references -offer contingent upon satisfactory background check