Job description

• Based in Englewood Cliffs (NJ) - office based role • Affordable Housing company - part of a much larger property organization About Our Client The client is a leading developer and owner of affordable housing communities, specializing in LIHTC, Section 8, mixed-income, supported housing, and HUD-regulated developments. The company maintains a highly active development pipeline, with approximately 30-40 projects underway at varying stages of development. The organization offers a collaborative, entrepreneurial environment with strong opportunities for long-term career growth into leadership positions. They are looking for a candidate to help manage the increased workload. Job Description The successful Senior Development Accountant will: • Prepare and manage monthly construction draw packages from start to finish • Compile, review, and submit supporting documentation for lender and investor funding requests • Coordinate draw submissions for final review and approval • Assist with the preparation and administration of IRS Form 8609 documentation • Track and analyze upward and downward equity adjustments • Prepare and maintain project funding schedules • Review partnership agreements and related development documentation • Coordinate with lenders, investors, development teams, and external stakeholders • Assist with development accounting and project-related reporting • Support acquisition and ad hoc finance projects as needed • Maintain accurate project records and compliance documentation • Work across multiple development projects simultaneously, each at various phases of the development lifecycle MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants. The Successful Applicant The successful Senior Development Accountant will: • 3-5+ years of accounting experience within real estate development • MUST have strong experience preparing construction draw packages from a developer perspective • Affordable housing experience, including exposure to: LIHTC (Low-Income Housing Tax Credit), Section 8 housing, HUD-regulated developments, Mixed-income and supported housing projects • Experience managing projects through multiple phases of development • Strong understanding of construction accounting and development funding structures • Ability to manage multiple projects and deadlines simultaneously What's on Offer • $95,000 - $120,000 • Bonus (disc.) • Additional FULL benefits

Requirements

Must-haves

Based in Englewood Cliffs (NJ) - office based role
Affordable Housing company - part of a much larger property organization
The successful Senior Development Accountant will: • Prepare and manage monthly construction draw packages from start to finish
Compile, review, and submit supporting documentation for lender and investor funding requests
Coordinate draw submissions for final review and approval
Assist with the preparation and administration of IRS Form 8609 documentation
Track and analyze upward and downward equity adjustments
Prepare and maintain project funding schedules
Review partnership agreements and related development documentation
Coordinate with lenders, investors, development teams, and external stakeholders
Assist with development accounting and project-related reporting
Support acquisition and ad hoc finance projects as needed
Maintain accurate project records and compliance documentation
Work across multiple development projects simultaneously, each at various phases of the development lifecycle
The Successful Applicant
The successful Senior Development Accountant will: • 3-5+ years of accounting experience within real estate development
MUST have strong experience preparing construction draw packages from a developer perspective
Affordable housing experience, including exposure to: LIHTC (Low-Income Housing Tax Credit), Section 8 housing, HUD-regulated developments, Mixed-income and supported housing projects
Experience managing projects through multiple phases of development
Strong understanding of construction accounting and development funding structures
Ability to manage multiple projects and deadlines simultaneously
What's on Offer
$95,000 - $120,000

Nice-to-haves

Bonus (disc.)

Application prep

Use the role’s language and application details while tailoring your materials.

Platform: careers-page
Effort: medium