1

Development Accounting Jobs (NOW HIRING)

Real Estate Development Accountant

Manhattan, NY · Hybrid

$67K - $92K/yr

Bachelor's degree in Accounting, Finance, or related field. * 3-5 years of accounting experience, preferably with real estate development, construction accounting, nonprofit housing, or public-sector ...

Real Estate Development Accountant

Manhattan, NY · Hybrid

$67K - $92K/yr

Bachelor's degree in Accounting, Finance, or related field. * 3-5 years of accounting experience, preferably with real estate development, construction accounting, nonprofit housing, or public-sector ...

Real Estate Development Accountant

Manhattan, NY · Hybrid

$67K - $92K/yr

Bachelor's degree in Accounting, Finance, or related field. * 3-5 years of accounting experience, preferably with real estate development, construction accounting, nonprofit housing, or public-sector ...

next page

Showing results 1-20

Development Accounting information

See salary details

$57.5K

$66.7K

$74K

How much do development accounting jobs pay per year?

As of Jul 14, 2026, the average yearly pay for development accounting in the United States is $66,749.00, according to ZipRecruiter salary data. Most workers in this role earn between $62,500.00 and $71,000.00 per year, depending on experience, location, and employer.

How does a Development Accounting professional typically interact with project managers and other departments during a real estate development project?

Development Accounting professionals play a key role in coordinating with project managers, construction teams, and finance departments to ensure that all financial transactions related to a development project are accurately recorded and reported. They regularly review project budgets, track expenses, and process invoices, often attending meetings to provide financial updates and flag any discrepancies. This collaborative approach helps keep projects on budget and schedule, while also ensuring compliance with accounting standards and organizational policies. Open communication and attention to detail are essential for successfully managing the financial aspects of development projects.

What are the key skills and qualifications needed to thrive in Development Accounting, and why are they important?

To excel in Development Accounting, you need a solid understanding of accounting principles, financial analysis, and real estate or construction project accounting, often supported by a degree in accounting or finance. Familiarity with accounting software like Yardi, MRI, or Sage, as well as proficiency in Excel, is typically required. Strong attention to detail, organizational skills, and effective communication are important soft skills for managing complex project budgets and collaborating with stakeholders. These abilities ensure accurate financial tracking, regulatory compliance, and successful project delivery within the development sector.

What is Development Accounting?

Development accounting refers to the specialized field of accounting that focuses on tracking, managing, and reporting the financial activities and costs associated with real estate development projects. It involves budgeting, cost control, and financial analysis throughout the lifecycle of a development, ensuring that all expenditures are properly allocated and in compliance with regulations and agreements. Professionals in this role work closely with project managers, lenders, and stakeholders to provide accurate financial information and support successful project completion.
More about Development Accounting jobs
Infographic showing various Development Accounting job openings in the United States as of July 2026, with employment types broken down into 86% Full Time, 8% Part Time, 1% Temporary, and 5% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $66,749 per year, or $32.1 per hour.
Director - Property and Development Accounting - Land

Director - Property and Development Accounting - Land

Hines

Houston, TX

Other

PTO

Posted 28 days ago


Hines rating

8.6

Company rating: 8.6 out of 10

Based on 25 frontline employees who took The Breakroom Quiz

17th of 160 rated real estate companies


Job description

Overview

When you join Hines, you will embark on a career journey fueled by vision and guided by leaders who set the standards of our industry. Our legacy is rooted in innovation and excellence, earning us a spot on Fast Company's esteemed annual list of the World's Most Innovative Companies, as well as recognition as one of U.S. News & World Report's Best Companies to Work For in 2024. Discover endless opportunities to grow and make your mark at Hines.

Responsibilities

As the Director of Property and Development Accounting Land team you will be fully responsible for the accounting records and administrative matters for assigned projects and entities as well as the supervision and development of respective accounting staff. Responsibilities include, but are not limited to:

  • Communicate and coordinate effectively with Hines functional groups (e.g., Tax, Accounts Payable, Finance Business Partners, Transactions) and appropriate representatives of external parties
  • Treasury functions including review of bank reconciliations and contribution/distribution calculations and understanding cash flow projections
  • Review and approve funding request to investors and lenders
  • Review and approve reserves and write-offs in accordance with governing agreements
  • Maintain working knowledge of, and compliance with, various legal documents, including but not limited to: Loan agreements, JV agreements, Property Management agreements, leases, etc.
  • Ensure all accounting records and reports are maintained in a timely, accurately and in accordance with GAAP or other basis of accounting. Special consideration to areas such as debt modifications, acquisitions/dispositions, interest capitalization, etc.
  • General ledger review and analysis
  • Review and confirm integrity of monthly and quarterly reporting for property(s) or project(s)
  • Review accounting position memos documenting accounting treatment of new/unusual items
  • Maintain / Interpret internal controls through documented policies and procedures to ensure accounting record integrity, reliability and asset preservation
  • Ability to handle complex (e.g. very technical) ownership/equity structures
  • Maintain a general understanding of the budget and forecasts to be informed on the financial state of projects
  • Administer financial statement and internal audits
  • Review tax projections and tax preparation workpapers
  • Provide guidance and oversight to Accounting and Operations team on complex matters
  • Supervise and oversee the training and development of accounting personnel and assigned subordinate staff
  • Direct and monitor the working relationships subordinates have with their counterparts internally and externally
  • Complete periodic performance reviews and compensation recommendations for direct reports
  • Analyze/Assess merits of new programs, technology, etc.
  • Identify risks; propose and implement risk mitigation strategies
  • Work with Head of Department/VP-Controller, etc. to address issues / needs of the department and assist with administration of projects in the group
  • Review ad hoc reports generated for upper management and external users as well as other significant internal and external reports
Qualifications

Minimum Requirements include:

  • Bachelor's degree in Accounting, Business Administration, or related discipline from an accredited institution
  • CPA required
  • Three or more years of prior management experience required
  • Six or more years professional accounting experience, preferably a combination of public and industry
  • Public accounting experience is strongly preferred
  • Commercial real estate accounting required
  • Tax experience preferred
  • Effective people management skills
  • Ability to lead, plan and manage activities to meet deadlines.
  • Strong analytical, organizational, and coordination skills
  • Excellent verbal and written communication skills
  • Possess initiative to assume additional responsibilities
  • Exchange ideas, information, and opinions with others to arrive at decisions or solutions
  • Work overtime as business needs deem appropriate
Closing

At Hines, we strive for excellence as a leading global real estate investment manager, driven by our by our belief that real estate is fundamentally about people. Our diverse portfolio spans $93.2 billion of assets across such property types as living, office, retail, mixed-use, logistics and life science projects - all designed to enhance value, connection and inspiration. Our strategic approach integrates local expertise with global knowledge, taking calculated risks aligned with our convictions to exceed expectations and tailor solutions to our clients' needs.

While our projects are renowned for enhancing cities and pioneering sustainable practices, we recognize that the true driving force behind Hines' success is our 5,000 dedicated employees in 30 countries who draw on our 65-year history to build the world forward. This is why we prioritize investing in our people, offering comprehensive training, competitive compensation, robust benefits and generous vacation packages. By centering our focus on the growth and wellbeing of our team, we cultivate an inclusive environment where everyone, including our clients, can thrive.

Hines is proud to be named to Fast Company's prestigious annual list of the World's Most Innovative Companies for 2024. Includes both the global Hines organization and RIA AUM as of December 31, 2023.

We are an equal opportunity employer and support workforce diversity.

No calls or emails from third parties at this time please.

Employment Type: OTHER

What Hines employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom