LHH
Director of Accounting (Real Estate) - Hybrid - Dallas, TX (160k-180k)
LHH, Dallas, Texas, United States, 75215
Director of Accounting (Real Estate) - Hybrid - Dallas, TX (160k-180k)
2 days ago Be among the first 25 applicants
This range is provided by LHH. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Senior Executive Recruiter at LHH/Parker and Lynch LHH is seeking a Director of Accounting for a growing real estate development organization. This person should have a deep expertise in development and construction accounting, particularly related to Low-Income Housing Tax Credit projects. This is a strategic leadership role that oversees the full accounting lifecycle—from development and corporate finance operations to stabilized property accounting—for a diverse and expanding portfolio of multifamily housing communities.
The ideal candidate will bring at least 4+ years of hands‑on experience in LIHTC accounting and development finance, as well as strong familiarity with HUD and other public funding programs.
Key Responsibilities
Oversee all phases of development accounting for multifamily affordable housing projects, from acquisition through stabilization.
Manage construction loan draws, ensuring compliance with lender/investor requirements and accurate tracking of budget‑to‑actuals.
Monitor and account for complex capital stack funding sources including debt, tax credit equity, grants, and soft loans.
Coordinate equity installment tracking and financial modeling for investor contributions, including reconciliation with partnership agreements.
Direct preparation of quarterly and annual financial statements in compliance with GAAP.
Manage budgeting, forecasting, corporate treasury operations, and intercompany accounting.
Oversee corporate payroll, A/P, A/R, fixed assets, and internal controls.
Supervise financial operations for stabilized and operating properties, including monthly and quarterly financial reporting.
Oversee tenant receivables, rent roll reconciliations, and reserve account management.
Ensure compliance with affordable housing program rent restrictions and reporting obligations.
Job Qualifications
Bachelor's degree in Accounting, Finance, or related field; CPA and/or MBA preferred.
12+ years of progressive accounting experience, including 7+ years in a leadership role within affordable housing or real estate.
4+ years of direct experience with LIHTC development and construction accounting.
Strong understanding of LIHTC Eligible Basis and tax credit calculations.
Equity capital contributions, installment structures, and adjusters.
Construction loan draws and cost certifications.
Qualified Occupancy reporting and permanent loan underwriting.
Experience with HUD programs, Section 8, and other public funding sources.
Advanced proficiency with real estate accounting platforms such as Yardi, MRI, or Sage, and strong Excel modeling skills.
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This range is provided by LHH. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Senior Executive Recruiter at LHH/Parker and Lynch LHH is seeking a Director of Accounting for a growing real estate development organization. This person should have a deep expertise in development and construction accounting, particularly related to Low-Income Housing Tax Credit projects. This is a strategic leadership role that oversees the full accounting lifecycle—from development and corporate finance operations to stabilized property accounting—for a diverse and expanding portfolio of multifamily housing communities.
The ideal candidate will bring at least 4+ years of hands‑on experience in LIHTC accounting and development finance, as well as strong familiarity with HUD and other public funding programs.
Key Responsibilities
Oversee all phases of development accounting for multifamily affordable housing projects, from acquisition through stabilization.
Manage construction loan draws, ensuring compliance with lender/investor requirements and accurate tracking of budget‑to‑actuals.
Monitor and account for complex capital stack funding sources including debt, tax credit equity, grants, and soft loans.
Coordinate equity installment tracking and financial modeling for investor contributions, including reconciliation with partnership agreements.
Direct preparation of quarterly and annual financial statements in compliance with GAAP.
Manage budgeting, forecasting, corporate treasury operations, and intercompany accounting.
Oversee corporate payroll, A/P, A/R, fixed assets, and internal controls.
Supervise financial operations for stabilized and operating properties, including monthly and quarterly financial reporting.
Oversee tenant receivables, rent roll reconciliations, and reserve account management.
Ensure compliance with affordable housing program rent restrictions and reporting obligations.
Job Qualifications
Bachelor's degree in Accounting, Finance, or related field; CPA and/or MBA preferred.
12+ years of progressive accounting experience, including 7+ years in a leadership role within affordable housing or real estate.
4+ years of direct experience with LIHTC development and construction accounting.
Strong understanding of LIHTC Eligible Basis and tax credit calculations.
Equity capital contributions, installment structures, and adjusters.
Construction loan draws and cost certifications.
Qualified Occupancy reporting and permanent loan underwriting.
Experience with HUD programs, Section 8, and other public funding sources.
Advanced proficiency with real estate accounting platforms such as Yardi, MRI, or Sage, and strong Excel modeling skills.
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