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What are the key skills and qualifications needed to thrive as a Live-In President in Real Estate Development, and why are they important?

To thrive as a Live-In President in Real Estate Development, you need a deep understanding of real estate markets, property management, finance, and leadership, typically supported by a degree in business, real estate, or a related field. Familiarity with property management software, financial modeling tools, and compliance regulations is essential. Strong interpersonal, negotiation, and problem-solving skills set exceptional leaders apart in this role. These competencies are crucial for driving successful projects, maintaining property values, and ensuring operational excellence and stakeholder satisfaction.

What are some common challenges faced by a Live-In President in Real Estate Development, and how can they be addressed?

A Live-In President in Real Estate Development often faces the challenge of balancing on-site operational oversight with strategic planning responsibilities. Managing relationships with residents, vendors, and staff while ensuring smooth daily operations can be demanding, especially when unexpected issues arise. Success in this role often relies on excellent communication, strong problem-solving skills, and the ability to delegate effectively. Building a reliable team and establishing clear protocols can help mitigate many challenges, allowing the President to focus on both immediate needs and long-term development goals.

What is a Live In President in Real Estate Development?

A Live In President in Real Estate Development is an executive leader who resides on-site at a property or within a development they oversee. Their role combines property management, leadership, and operational oversight, ensuring the successful development and day-to-day functioning of real estate projects. This position often involves acting as a liaison between developers, residents, and stakeholders while managing budgets, project timelines, and community relations. Living on-site allows the president to respond quickly to issues, foster a sense of community, and provide hands-on leadership. This unique arrangement is typically found in luxury or high-profile developments where close oversight is essential.
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Live In President Real Estate Development jobs near you

Real Estate Development Accountant

Ginosko Development Company

Novi, MI • On-site

$57K - $78K/yr

Full-time

Posted 3 days ago

Job description

Job Summary

We are seeking a detail-oriented and experienced Real Estate Development Accountant to manage financial operations across real estate development and construction projects throughout their full lifecycle. This role is responsible for project accounting, construction draws, cost tracking, budgeting, and financial reporting, while also supporting audits, tax preparation, and lender/investor compliance.

The ideal candidate has strong experience in construction and development accounting, including job costing, capitalized costs, draw processes, and multi-entity structures.

Key ResponsibilitiesProject Accounting & Cost Management
  • Track and monitor project costs across multiple developments and phases
  • Ensure accurate cost allocation and capitalization in compliance with accounting standards
  • Analyze actual costs versus budgets and forecasts; identify variances and recommend solutions
  • Maintain detailed job cost reports and project-level financials
  • Partner with project managers to ensure accurate financial tracking
Draw Management & Construction Financing
  • Prepare, submit, and track construction draws and payment applications
  • Prepare settlement statements for financing closings
  • Record lender draws, capital contributions, and distributions
  • Reconcile draws to budgets, contracts, and loan agreements
  • Ensure compliance with lender requirements and deadlines
  • Coordinate with lenders, contractors, and internal stakeholders
Budgeting & Forecasting
  • Assist in developing project budgets and financial forecasts
  • Update projections based on project progress and change orders
  • Provide financial insights to project teams
  • Prepare and maintain project cash flow forecasts
General Ledger & Financial Reporting
  • Maintain general ledger accounts across multiple entities (LLCs, partnerships)
  • Perform monthly bank reconciliations and account analyses
  • Prepare journal entries and monthly financial reporting packages
  • Assist in quarterly and annual financial statement preparation
  • Ensure proper classification of expenses and capitalized costs
Audit, Tax & Compliance Support
  • Prepare audit workpapers and support tax return preparation
  • Assist with cost certifications for contractors and owners
  • Maintain documentation for financing, contracts, and approvals
  • Ensure compliance with internal controls and partnership agreements
Systems & Process Support
  • Maintain accurate data in accounting and project management systems (e.g., QuickBooks, Smartsheet)
  • Utilize advanced Excel functions (pivot tables, modeling, etc.)
  • Support process improvements and financial reporting enhancements
  • Maintain organization across multiple development entities
  • Collaborate with development, construction, and leadership teams
  • Support reporting, documentation, and special projects as needed
QualificationsEducation
  • Bachelor's degree in Accounting, Finance, or a related field (required)
Experience
  • 3–7+ years of accounting experience
  • Experience in real estate development or construction accounting strongly preferred
  • Proven experience with project-based accounting and job costing required.
Technical Skills
  • Strong knowledge of construction/development accounting principles
  • Proficiency with QuickBooks or similar accounting software
  • Advanced Microsoft Excel skills
  • Experience with Smartsheet, SharePoint, and other business tools a plus
Core Competencies
  • Strong attention to detail and accuracy
  • Excellent analytical and problem-solving skills
  • Ability to manage multiple projects and deadlines
  • Strong organizational and documentation skills
  • Effective communication with cross-functional teams
  • Ability to thrive in a fast-paced, deadline-driven environment
Why Join Us?
  • Opportunity to work on impactful real estate development projects
  • Competitive compensation and benefits
  • Growth and professional development opportunities

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