Brooklyn, NY
Salary Estimate: $85,000.00 - $125,000.00
Employment Type: Full Time
Work Place: Office
Experience Required: 5+ to 7 years
Education Required: 4 Year College
Job Description
This is an ideal opportunity for someone with a strong accounting or finance background who is interested in expanding into real estate development.
This position is ideal for someone who:
- Is deeply community-oriented and mission-driven
- Thrives in complex, fast-moving environments
- Understands affordable housing finance and compliance
- Wants hands-on involvement in shaping neighborhoods and creating opportunity
- Manage and maintain accurate trial balances, general ledger activity, and financial reporting across multiple development projects
- Perform monthly bank reconciliations and ensure timely resolution of discrepancies
- Prepare and analyze balance sheets and supporting schedules
- Track and record capitalized project costs, ensuring proper classification and compliance with accounting standards
- Oversee and monitor project budgets, including phasing costs from predevelopment through construction and conversion to stabilized operations
- Partner closely with development and asset management teams to align financial reporting with project milestones
- Support audit processes, including preparing schedules, documentation, and coordinating with external auditors
- Assist with financial reporting for lenders, investors, and regulatory agencies (e.g., LIHTC compliance)
- Identify opportunities to improve accounting processes, controls, and reporting efficiency
- Assist in managing financial aspects of development projects from pre-development through completion
- Monitor project budgets, costs, and financial performance
- Support municipal and entitlement-related efforts with a financial lens
- Coordinate with third-party property managers and consultants
- Help build and improve internal financial and reporting processes
- Assist in implementing systems and best practices for project tracking and documentation
- Contribute to a growing platform with the opportunity to take on increased responsibility over time
- Bachelor’s degree in Accounting, Finance, or related field
- 5+ years of accounting experience, with a focus on real estate, specifically affordable housing development
- Strong understanding of development accounting, including capitalized costs and project-based accounting
- Experience managing financials across multiple projects and complex capital stacks
- Proficiency in Excel and accounting systems (e.g., Yardi, Quickbooks)
- Strong attention to detail with the ability to manage deadlines across concurrent projects
Salary: $85,000 – $125,000 annually (commensurate with experience)
- Medical, Dental and Vision Insurance
- 10 Days PTO annually, and 13 Holidays
- Designated Sick leave accrual
- Participation in the New York City Deferred Compensation Plan (DCP) comprised of a 457 Plan and a 401(k) Plan
- Flexible schedule: Enjoy remote Fridays (unless required on-site), plus 30 additional remote days each year, designed to give you flexibility and balance while staying connected to the team.
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