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Development Accounting Manager


- Fulltime   Please submit inquiries and resumes to: jen.warnock@everwest.com

Position Summary:

This position will report to the Director of Property Accounting and is responsible for the Development Accountants and oversight of Property Accountants, as needed.  The Development Manager will collaborate directly with the Property Accounting Managers.  The Development Accounting team handles approximately twenty properties for both internal and external developments spread across different asset types including development, commercial, and multi-family.

Primary Responsibilities:
  • Manage the day-to-day accounting duties for the in-house Development Accountants
  • Review monthly draw packages, wire requests, and perform cash management
  • Review Development Accountant job cost reporting and work directly with Development team to ensure accurate monthly accounting and reporting for all development projects
  • Oversee and review quarterly capital estimates and reconciliations prepared by Development Accountant and Property Accountant, as needed
  • Monthly review of property and portfolio-level financial performance
  • Guide transaction accounting to include acquisitions, refinancing and dispositions
  • Oversee team’s collaboration with Development team to ensure accurate accounting for monthly reviews, annual reforecasts, and budgeting strategy
  • Oversee the efforts of third-party development accounting teams monthly reporting
  • Understand and interpret operating agreements and any other legal agreements to comply with accounting
  • Transition development assets to Property Accounting team and assist other Property Accounting Managers, as needed
  • Function as the one point of contact for clients to include monthly reporting deliverables and requests
  • Lead annual portfolio-level initiatives, including CAM reconciliation process, property budgets & reforecasts, annual audits, and year-end tax file preparation
  • Support the Development, Property Accounting, and other teams, as needed with ad-hoc reporting
  • Monitor and analyze department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy
  • Supervise 1-2 direct reports: establish annual performance goals and objectives; monitor and guide progress to enhance their professional development

Education and Experience Expected:
  • Minimum of 8 years of general ledger accounting specifically at least 4 years of development accounting
  • Minimum of 5 years of experience in commercial real estate (industrial/office) and property management industry
  • Minimum of 5 years delegating, managing, and prioritizing activities of direct reports, providing clarity and strong interpersonal and teamwork skills
  • MRI accounting software (including Job Cost) or equivalent experience with enterprise accounting systems

Knowledge, Skills, and Abilities Needed:
  • Expert knowledge in GAAP, monthly close processes, and cash management
  • Advanced skills with verbal and written communication, problem solving, and interpersonal skills necessary.
  • Proven ability to identify and implement process improvement opportunities
  • Excellent interpersonal skills and ability to forge effective working relationships throughout accounting team and organization
  • Ability to multi-task, with attention to detail and an ability to work both independently and in a team environment
  • Advanced Excel skills and proficiency with Microsoft Office.

Salary and Benefits:
 
The salary for this position generally ranges between $95,000 to $125,000. This range is an estimate, based on potential employee qualifications, operational needs and other considerations permitted by law. Actual salaries will vary and may be above or below the stated range based on various factors including, among other factors, location, education and training, experience, internal pay alignment, and performance. A potential new employee’s salary history will not be used in compensation decisions. Many candidates’ compensation will start in the bottom half of the stated range. This role is also eligible to participate in a merit-based annual bonus program, health, vision, and dental insurance plans, long and short-term disability, 401K plan, and PTO. This information is provided in connection with the Colorado Equal Pay for Equal Work Act, and similar positions located outside of Colorado may or may not necessarily receive the same compensation.

EverWest is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.