Atlantic Pacific Companies
Development Accountant
Atlantic Pacific Companies is a dynamic industry leader with a growing portfolio of properties throughout Florida, Georgia, Texas, California, North Carolina, and Washington, D.C. We are looking for passionate people who enjoy challenges and helping others.
ACCOUNTING RESPONSIBILITIES
Responsible for the full accounting operations of multiple LIHTC multi-family development projects from pre-development to stabilization.
Prepare monthly journal entries, bank and sub-journal reconciliations, reconcile Work in Progress activity to financial draw model, intercompany reconciliations and other Loan/Equity reconciliations.
Prepare and submit monthly draws to various institutions for funding.
Troubleshoot draw funding issues with Lenders/Development/Construction Managers.
Preparation of monthly financial statements to include Balance Sheet and Work in Progress reconciliations.
Work with independent CPA firm to assist with various agreed upon engagements such as 10% test, Cost Certifications, Debt Service analyses and annual financial audits. Also assist with year‑end tax work.
Manage project cash flow.
Provide ad‑hoc reporting and specials analyses as required by management.
Desired Skills And Experience
Bachelor's Degree in accounting required.
3+ years working in an accounting capacity for a Real Estate Developer preferably in the affordable/LIHTC industry. This would include experience with job cost accounting and financial reporting.
Experience with GAAP reviews & audit procedures.
Full competency with industry standard accounting platforms preferably with Yardi experience. Strong Excel skills are a must.
Seniority Level Mid-Senior level
Employment Type Full‑time
Job Function Accounting, Auditing, and Finance
Atlantic Pacific Companies is a drug‑free workplace. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.
Disclaimer: The tasks and responsibilities listed are not the only ones applicable to the positions. #J-18808-Ljbffr
ACCOUNTING RESPONSIBILITIES
Responsible for the full accounting operations of multiple LIHTC multi-family development projects from pre-development to stabilization.
Prepare monthly journal entries, bank and sub-journal reconciliations, reconcile Work in Progress activity to financial draw model, intercompany reconciliations and other Loan/Equity reconciliations.
Prepare and submit monthly draws to various institutions for funding.
Troubleshoot draw funding issues with Lenders/Development/Construction Managers.
Preparation of monthly financial statements to include Balance Sheet and Work in Progress reconciliations.
Work with independent CPA firm to assist with various agreed upon engagements such as 10% test, Cost Certifications, Debt Service analyses and annual financial audits. Also assist with year‑end tax work.
Manage project cash flow.
Provide ad‑hoc reporting and specials analyses as required by management.
Desired Skills And Experience
Bachelor's Degree in accounting required.
3+ years working in an accounting capacity for a Real Estate Developer preferably in the affordable/LIHTC industry. This would include experience with job cost accounting and financial reporting.
Experience with GAAP reviews & audit procedures.
Full competency with industry standard accounting platforms preferably with Yardi experience. Strong Excel skills are a must.
Seniority Level Mid-Senior level
Employment Type Full‑time
Job Function Accounting, Auditing, and Finance
Atlantic Pacific Companies is a drug‑free workplace. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.
Disclaimer: The tasks and responsibilities listed are not the only ones applicable to the positions. #J-18808-Ljbffr