Job ID#: 36469
Accounting Manager
Houston, TX | Full-Time | Exempt
About the Role
The Accounting Manager is a senior accounting leader responsible for overseeing all accounting and financial reporting related to the company’s real estate development portfolio, including construction projects, development entities, joint ventures, and construction financing.
This role leads the day-to-day development accounting function, manages a team of three professionals, and partners closely with Development, Construction, Treasury, and senior leadership. The ideal candidate brings strong experience in real estate development accounting, construction draws, job cost reporting, and lender/JV reporting, along with a mindset for improving processes and strengthening internal controls.
This position reports to the VP of Treasury & Accounting.
Key Outcomes
Within the first year, the Development Accounting Manager will:
Take full ownership of the development accounting function and team
Independently manage monthly construction draws and lender reporting
Build strong relationships with banks, JV partners, and internal development and construction teams
Improve reporting processes and strengthen internal controls
Key Responsibilities
Leadership & Collaboration
Manage and mentor a team of three development accounting professionals
Serve as a key accounting partner to Development, Construction, Treasury, Legal, and Asset Management
Act as a primary contact for joint venture partners, lenders, auditors, and consultants
Lead initiatives to improve accounting processes, reporting quality, and internal controls
Support special projects and strategic initiatives for the VP of Treasury & Accounting
Development Accounting & Financial Reporting
Oversee day-to-day accounting operations for development entities
Manage monthly, quarterly, and annual financial close processes
Review and approve journal entries, account reconciliations, and financial reporting packages
Prepare and deliver financial reports to senior leadership and investment partners
Analyze development financial data to identify variances, trends, and performance insights
Construction & Development Finance
Prepare and manage monthly construction loan draws
Coordinate with general contractors and development teams to compile draw packages
Ensure compliance with lender, partner, and joint venture reporting requirements
Oversee job cost reporting and financial tracking for development projects
Record closings for joint ventures and construction loans
Maintain predevelopment cost tracking and reporting
Cash Management & Project Support
Manage weekly cash requirements and draw requests
Coordinate payment approvals with Accounts Payable and project teams
Support transaction closings and development project reporting
Oversee the transition of accounting to property management teams upon project completion
Qualifications
Education
Bachelor’s degree in Accounting required
Experience
5+ years of progressive accounting experience
Experience in real estate development, construction, or property management accounting
Prior management or supervisory experience strongly preferred
Technical Skills
Strong knowledge of GAAP and financial reporting
Experience with construction draws, job cost accounting, and joint ventures
Advanced Excel skills
Experience with ERP systems (Sage Intacct or Sage 300 preferred)
Experience working in multi-entity organizations with consolidations
Key Skills & Attributes
Strong analytical and financial reporting skills
High attention to detail and strong organizational abilities
Ability to manage deadlines and multiple development projects simultaneously
Strong communication skills with cross-functional teams
Ability to maintain confidentiality with sensitive financial information
Founded in 1998, Professional Alternatives is an award-winning recruiting and that utilizes technology and relationships to deliver top talent.
Accounting Manager • Houston, TX
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