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SR Property Accountant

Company: Confidential Location: Texas
Industry: Real Estate City/Region: Dallas
Practice Area: Accounting Compensation: Competitive Compensation
Education: Relevant Work Experience

Our client in Uptown Dallas is looking to hire a Senior Accountant to join their team.  The main areas of responsibility of the Senior Accountant will focus on project accounting, budgeting, cash forecasts and reporting.


Project Accounting

  • Prepare monthly journal entries for assigned projects (accruals, COS, sales, etc)
  • Projects will include development accounting and partnership accounting
  • Be the point person for the project and development managers for assigned projects.
  • Communicate and coordinate with other personnel on all matters relating to the projects.
  • Prepare financial statements and reports as required for lenders, partners and internal divisions
  • Prepare account reconciliations
  • Coordinate and complete annual audits
  • Review builder and vendor contracts to ensure terms are adhered to.
  • Review note and loan agreements and ensure compliance with all terms.
  • Prepare monthly loan draw packages and submit to lenders

Budgeting & Cash Forecasting

  • Prepare annual budgets for projects, coordinate with Project and Development managers
  • Prepare/review budgets for Communities overhead, such as payroll, marketing and office/administrative costs
  • Prepare cash forecasts for assigned projects throughout the year, to be used internally or for outside parties.
  • Prepare variance analysis comparing actuals to budget or forecast
  • Anticipate cash needs, prepare capital calls for Partnerships.


  • Responsible for all aspects of reporting for assigned projects which includes reporting to internal divisions, lenders, joint venture partners and districts.
  • Work with staff accountant and accounting assistant on weekly/monthly internal reporting.
  • Review weekly check selection, review coding of invoices
  • Write reports to automate and expedite reporting in either excel or software
  • Maintain fixed asset inventory

Qualifications and Key Competencies:

5 – 7 years Real Estate accounting experience, CPA or CPA eligible

Accounting software experience (JDE preferred but not required);

Strong knowledge of accounts payable, accounts receivable, reconciliations, cash and accrual         accounting methods, partnership accounting, development accounting and contracts.

Proficient in Excel, knowledgeable in Word & PowerPoint

Strong communication and interpersonal skills, team player, great attitude

Strong organizational skills and detail oriented

Ability to work independently

Ability to work in a fast-paced environment and to multi-task

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