Accounting

Senior Accountant - Development

CFS

Texas · Houston · United States

Senior Accountant - Development Accounting

Hybrid Schedule
Salary: $110,000 - $120,000 + 5-10% Bonus

Why This Opportunity?

Join a rapidly growing commercial real estate developer specializing in hyperscale data center development. This highly visible role supports large-scale development projects from land acquisition through construction and offers the opportunity to work closely with senior accounting leadership. As the company continues to expand its portfolio, there is a clear path for long-term growth into accounting leadership.

Key Responsibilities

  • Own the project draw process from start to finish, including preparing draw packages, managing invoices, coordinating lender and investor funding requests, and overseeing payment execution.
  • Perform full-cycle development accounting for multiple active commercial real estate and data center construction projects.
  • Track project costs, budgets, and capital expenditures while ensuring accurate project allocations.
  • Prepare monthly journal entries, account reconciliations, and support month-end close activities.
  • Reconcile balance sheet accounts and investigate variances to ensure financial accuracy.
  • Review and process construction invoices while coordinating with internal project teams and external vendors.
  • Monitor project spending and assist with cash flow planning related to development activities.
  • Support accounting for land acquisitions, construction costs, and development-related transactions throughout the project lifecycle.
  • Assist with preparing financial reporting and schedules for lenders, investors, and internal leadership.
  • Partner closely with Controllers and project management teams to improve processes, maintain accurate project records, and support ongoing portfolio growth.
  • Participate in process improvement initiatives and help strengthen accounting procedures as the development portfolio continues to expand.

Qualifications

  • Bachelor's degree in Accounting or Finance.
  • 2-3+ years of development accounting experience within commercial real estate, construction, industrial development, or another project-based environment.
  • Experience managing project draws is required; Yardi or similar real estate accounting software is highly preferred.
  • Self-motivated, detail-oriented professional who enjoys working in a fast-paced, collaborative, and growth-focused environment.

Reference: 3136076828

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