Description
The Senior Project Accountant provides accounting support to CHW’s Housing Real Estate Development, with a focus on job cost and construction accounting for development projects, including accounts payable, construction draws, and cost tracking. This role requires collaboration across internal teams and shared ownership of departmental financial statements to ensure accurate and timely reporting.
The position requires close collaboration with external stakeholders, including auditors, property management, lenders, and general contractors, and supports compliance with reporting requirements. Additionally, the role is responsible for documenting Real Estate Accounting policies and procedures to strengthen internal controls and standardize practices.
Role & Responsibilities:
Oversee job cost accounting and accounts payable for development projects in coordination with HRED
Maintain general ledgers for development entities, including journal entries and cost capitalization
Reconcile intercompany accounts across enterprise and development projects
Prepare and review project-level trial balance reconciliations
Monitor and analyze development project cash balances
Support construction draws, funding requests, and disbursements
Perform treasury functions for development projects, including cash management activities
Lead year-end close and support audits for development entities
Coordinate with auditors on cost certifications, eliminating entries, and Form 8609 documentation
Review and guide Project Accountants to ensure accuracy and compliance in reporting
Requirements
Education and Experience:
Requires Bachelor’s degree in Accounting from an accredited college or related field of study with a minimum of five years accounting experience or equivalent.
Construction accounting experience is required.
Excellent verbal and written communication skills.
Must be able to demonstrate a strong understanding of the construction lifecycle and the entity structures typical of affordable housing developments.
Experience with Yardi and MIP/Abila preferred.
Experience in Affordable Housing industry and/or Real Estate industry a plus.