Sr Project Accountant

Senior Accountant - Real Estate Development

Our Houston area client is looking for a Senior Accountant to join a lean, high-ownership accounting team. This role sits at the center of the business, supporting financial reporting, debt management, land transactions, and regulatory compliance across a portfolio of active development projects.

If you're a strong technical accountant who enjoys variety and wants to be close to the deal side of the business rather than buried in a corporate finance department, this is worth a look.

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What You'll Do

Financial Reporting

• Produce quarterly financial statements and internal reporting packages for leadership review
• Maintain equity and debt schedules, including distribution waterfall modeling
• Prepare reports for periodic investor and partnership meetings

Audit Support

• Serve as the primary contact for external auditors, organizing and delivering supporting documentation
• Coordinate with third-party engineers on development cost confirmations

Land and Lot Transactions

• Review closing documents for accuracy prior to execution
• Maintain land, lot, and inventory schedules throughout the project lifecycle
• Verify tax pro-ration calculations on commercial closings

Accounts Receivable

• Process incoming payments and provide accurate GL coding
• Track builder and developer fee collections

Accounts Payable

• Review vendor invoices and contractor pay applications for accuracy and approval
• Manage multi-payment tracking and ensure timely processing at period close
• Conduct periodic vendor statement reviews to catch billing discrepancies

Construction Loan Management

• Prepare monthly draw packages for leadership approval
• Compile and submit supporting documentation to lenders to keep funding on schedule

Special District Reimbursements

• Maintain and reconcile reimbursement schedules for public infrastructure districts
• Perform monthly reconciliation to the general ledger
• Support district auditors with documentation requests

Property Taxes

• Track annual property tax obligations and ensure timely payment
• Calculate and process rollback tax assessments as they arise

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What We're Looking For

• Bachelor's degree in Accounting or Finance; MBA a plus
• 5+ years of GAAP accounting experience; public accounting background preferred
• Real estate or land development experience strongly preferred
• Advanced Excel skills and solid working knowledge of MS Office
• Experience with job costing or project-based accounting software a plus
• Comfortable working independently in a smaller team environment