Senior Development Accountant

Pay: $75,000.00 - $90,000.00 per year

Why This Is a Great Opportunity

• Join a mission-driven real estate development organization transforming communities through impactful projects.
• Lead the financial management of complex real estate development projects from acquisition through completion.
• Work on high-profile mixed-use, affordable housing, historic preservation, and urban redevelopment projects.
• Collaborate with senior leadership, development teams, lenders, investors, and external partners.
• Expand your expertise in sophisticated real estate financing, tax credit programs, and development accounting.
• Enjoy a collaborative culture with strong career growth opportunities and meaningful work.

Location: Cincinnati, Ohio – Hybrid. After onboarding and training, enjoy a flexible schedule with approximately four days per week in the office and one day remote.

Note: Applicants must have a Bachelor's degree in Accounting, Finance, or a related field and 3+ years of direct real estate development accounting experience.

About Us

We are a mission-driven real estate development organization dedicated to transforming communities through innovative development, construction, and property management. Our team delivers impactful mixed-use, commercial, residential, and affordable housing projects while fostering collaboration, integrity, and professional growth. We are passionate about creating lasting value for the communities we serve. Confidential Employer.

Job Description

• Manage the complete accounting lifecycle for multiple real estate development projects from pre-development through transition to operations.
• Lead monthly construction loan and equity draw processes while ensuring timely funding and payment of project costs.
• Prepare and analyze project cash flow forecasts, financial projections, budgets, and pro formas.
• Coordinate project closings, financing activities, and accounting entries with lenders, investors, title companies, and internal teams.
• Prepare and review sources and uses schedules, developer fee schedules, and equity installment schedules.
• Oversee construction costs, job costing, project funding, and financial reporting.
• Manage tax credit compliance and cost certification activities for LIHTC, Historic Tax Credits, and New Markets Tax Credit projects.
• Partner with auditors, investors, and leadership during audits and financial reviews.
• Prepare year-end accruals, development workpapers, and financial analyses for executive leadership.
• Mentor and collaborate with accounting and project teams while driving process improvements.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 3+ years of direct real estate development accounting experience.
• Strong knowledge of construction accounting, project accounting, and development finance.
• Experience managing construction draws, loan funding, and project cash flow.
• Excellent Microsoft Excel skills.
• Strong analytical, organizational, and communication abilities.
• Experience working with lenders, investors, auditors, and development teams.
• Experience with Yardi or similar real estate ERP preferred.
• Knowledge of LIHTC, Historic Tax Credits, or New Markets Tax Credits preferred.
• CPA or MBA preferred.

Why You Will Love Working Here

You'll play a key leadership role in projects that create lasting community impact while working alongside experienced professionals who value collaboration, innovation, and continuous growth. This is an opportunity to build specialized expertise in one of the most respected sectors of real estate development while advancing your accounting career.

JPC-1509

Benefits:

• Dental insurance
• Paid time off
• Retirement plan
• Vision insurance

9/9 UPDATE: If they are relocating, only submit candidates with ties to Cincinnati.

Requirements: Must haves: Bachelor’s degree in accounting/financial or similar, 3+ years in real estate development accounting

• Required Years as Associate: 3+

• Additional context: Relocation- [no]. Packages - [no]

Submission Email: Name / Teresa -

tofarrell@modelgroup.net

Quick Recruiter Reference

Senior Development Accountant leading accounting for real estate development projects including construction draws, project funding, tax credit compliance, and financial reporting. Requires 3+ years of direct real estate development accounting experience and a Bachelor's degree. 

Recruiters Submission: To submit, cancel - Senior Development Accountant - Model Group - JPC-1509 - Source

*New Job Order Alert*

• Client job title: Senior Development Accountant

• Location: Cincinnati, OH

• On-site, hybrid, remote: Hybrid

• Experience: 3+

• Good fit job titles/keywords for candidates: Senior Development Accountant, Senior Real Estate Accountant, Development Accounting Manager, Senior Project Accountant, Construction Accountant, Real Estate Development Accountant, Property Accountant, Yardi, LIHTC, Construction Draws

• # of hires needed: 1