<p><strong>Development Accountant</strong></p><p><em>Full-Time | Hybrid (2 days in office) – San Mateo, CA</em></p><p><em>Temp-to-Perm Opportunity</em></p><p><strong>Overview:</strong></p><p>Seeking an experienced Development Accountant to manage the full accounting cycle for a portfolio of 10+ development projects, including at least 6 active construction projects. This role supports the accounting needs of new developments and newly placed-in-service properties, ensuring compliance with GAAP, internal policies, and Low-Income Housing Tax Credit (LIHTC) regulations.</p><p><strong>Key Responsibilities:</strong></p><ul><li>Prepare and submit timely loan draw requests.</li><li>Manage monthly close for development and construction-stage properties.</li><li>Perform bank reconciliations, accruals, loan interest calculations, and financial statement preparation.</li><li>Track project costs, budgets, and contracts using job cost modules and prepare variance analyses.</li><li>Support external audits and tax filings by preparing schedules and documentation.</li><li>Interpret financial and partnership documents, including regulatory and loan agreements.</li><li>Collaborate with project managers and cross-functional teams across accounting, development, and asset/property management.</li><li>Ensure accurate inter-entity transactions and surplus distribution calculations.</li><li>Provide ad hoc financial analysis and reporting as needed.</li></ul><p><br></p>

<p><strong>Qualifications:</strong></p><ul><li>Bachelor's degree in Accounting or Business Administration (required).</li><li>CPA preferred; GAAP knowledge required; LIHTC experience a plus.</li><li>Minimum 3 years of general ledger accounting experience.</li><li>Experience with real estate development, construction, or property rehab accounting.</li><li>Familiarity with regulatory, loan, and partnership agreements.</li><li>Proficiency in Excel and enterprise accounting software (RealPage experience preferred).</li><li>Strong analytical, organizational, and communication skills.</li></ul><p><br></p>

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