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Senior Development Accountant Jobs (NOW HIRING)

CFS

Senior Accountant - Development

Houston, TX · Hybrid

$70K - $88K/yr

Senior Accountant - Development Accounting Hybrid Schedule Salary: $110,000 - $120,000 + 5-10% Bonus Why This Opportunity? Join a rapidly growing commercial real estate developer specializing in ...

CFS

Senior Accountant - Development

Houston, TX · Hybrid

$70K - $88K/yr

Senior Accountant - Development Accounting Hybrid Schedule Salary: $110,000 - $120,000 + 5-10% Bonus Why This Opportunity? Join a rapidly growing commercial real estate developer specializing in ...

CFS

Senior Accountant - Development

Houston, TX · Hybrid

$70K - $88K/yr

Senior Accountant - Development Accounting Hybrid Schedule Salary: $110,000 - $120,000 + 5-10% Bonus Why This Opportunity? Join a rapidly growing commercial real estate developer specializing in ...

CFS

Senior Accountant - Development

Houston, TX · Hybrid

$70K - $88K/yr

Senior Accountant - Development Accounting Hybrid Schedule Salary: $110,000 - $120,000 + 5-10% Bonus Why This Opportunity? Join a rapidly growing commercial real estate developer specializing in ...

CFS

Senior Accountant

Houston, TX · Hybrid

$70K - $88K/yr

This highly visible role supports large-scale development projects from land acquisition through construction and offers the opportunity to work closely with senior accounting leadership. As the ...

CFS

Senior Accountant

Houston, TX · Hybrid

$70K - $88K/yr

This highly visible role supports large-scale development projects from land acquisition through construction and offers the opportunity to work closely with senior accounting leadership. As the ...

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Senior Development Accountant information

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$49.5K

$84.1K

$112K

How much do senior development accountant jobs pay per year?

As of Jul 15, 2026, the average yearly pay for senior development accountant in the United States is $84,090.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,000.00 and $93,000.00 per year, depending on experience, location, and employer.

What are Senior Development Accountants?

Senior Development Accountants are experienced finance professionals who specialize in managing and overseeing the accounting activities related to real estate development projects. They are responsible for budgeting, financial reporting, cost analysis, and ensuring compliance with both internal policies and external regulations. These accountants collaborate with project managers, developers, and other stakeholders to monitor project costs, prepare draw requests, and provide accurate financial forecasts. Their expertise helps ensure the financial success and transparency of development projects from inception to completion.

What are the key skills and qualifications needed to thrive as a Senior Development Accountant, and why are they important?

To thrive as a Senior Development Accountant, you need strong expertise in financial accounting, real estate development accounting, and a relevant degree such as a CPA or equivalent. Proficiency with accounting software like Yardi, MRI, or QuickBooks and advanced Excel skills are typically required. Attention to detail, analytical thinking, and effective communication are standout soft skills for this position. These abilities ensure accurate financial reporting, regulatory compliance, and effective collaboration with project stakeholders in complex development environments.

What is the difference between Senior Development Accountant vs Development Accountant?

AspectSenior Development AccountantDevelopment Accountant
CredentialsTypically requires 3+ years experience, CPA or equivalent often preferredEntry to mid-level, usually requires a bachelor's degree in accounting or finance
Work EnvironmentWorks on complex projects, often supervises junior staff, involved in financial reportingPerforms routine accounting tasks, supports project accounting, reports to senior staff
Employer & Industry UsageCommon in real estate, construction, and development firmsUsed across similar industries, often as entry or mid-level role

The Senior Development Accountant handles complex financial reporting and supervises others, while the Development Accountant focuses on routine accounting tasks and supporting project finances. The senior role requires more experience and specialized skills, making it suitable for professionals with a few years of relevant experience.

What are some typical challenges Senior Development Accountants face when managing multiple real estate projects simultaneously?

Senior Development Accountants often juggle several projects at different stages, which requires strong organizational and time-management skills. Common challenges include tracking project costs against budgets, ensuring compliance with accounting standards, and coordinating with project managers, lenders, and external auditors. Balancing these responsibilities while delivering timely and accurate financial reports can be complex, but effective communication and proactive problem-solving help ensure project success.
What cities are hiring for Senior Development Accountant jobs? Cities with the most Senior Development Accountant job openings:
What states have the most Senior Development Accountant jobs? States with the most job openings for Senior Development Accountant jobs include:
Senior Development Accountant jobs near you
Infographic showing various Senior Development Accountant job openings in the United States as of July 2026, with employment types broken down into 1% Locum Tenens, 90% Full Time, 5% Part Time, 1% Temporary, 1% Contract, and 2% Summer. Highlights an 83% Physical, 8% Hybrid, and 9% Remote job distribution, with an average salary of $84,090 per year, or $40.4 per hour.
Senior Real Estate Development Accountant

Senior Real Estate Development Accountant

Bisnow

New York, NY • On-site

$81K - $101K/yr

Full-time

Posted 7 days ago

Job description

Our SelectLeaders client is seeking a Senior Real Estate Development Accountant to play a lead role in the budgeting and financial management of affordable housing development projects from predevelopment, closing, construction, stabilization, and conversion. Reporting directly to the Controller of Housing, this individual will serve as a strategic partner in driving excellence across the financial operations of the development pipeline.
This role is responsible for managing construction loan draws, monitoring construction budgets, reviewing contracts and cost allocations, reconciling ledgers, and ensuring compliance with construction loan requirements, agency regulations, and accounting best practices. The Senior Real Estate Development Accountant will work closely with Housing Development, Design & Construction, Asset Management, and Finance teams to ensure accurate reporting, timely disbursements, and strong internal controls.
The ideal candidate will have a strong understanding of affordable housing finance, LIHTC transactions, construction accounting, and Yardi, with the ability to navigate the unique financial and regulatory requirements of multiple development projects.
Responsibilities
Development, Construction Financial Oversight & Leadership
  • Participate in development project meetings to provide financial updates, assess risk, and support business decision-making.
  • Review proposals and contracts for fiscal responsibility, completeness, and consistency with billing and documentation requirements.
  • Prepare budget-to-actual analyses and variance reports for leadership and external stakeholders.
  • Coordinate with tax advisors, external accountants, agencies, and partners on key deliverables, including development budgets, eligible basis calculations, carryover allocations, cost certifications, bond tests (50%/25%), and 8609 filings.
  • Ensure compliance with regulatory, lender, investor, and funding requirements.
  • Serve as a financial liaison with syndicators, lenders, and housing agencies, responding to inquiries and supporting reporting needs.
Development & Construction Budget Management
  • Partner with Project Managers to maintain and update detailed development and construction budgets.
  • Establish and maintain project controls within Yardi, including job cost budgets, contracts, sources and uses, and expense tracking.
  • Review and code development and construction transactions to ensure accurate cost allocation.
  • Prepare anticipated cost reports, cash flow projections, and other financial analyses.
  • Reconcile intercompany transactions, including due-to/due-from accounts.
  • Maintain organized project documentation to support audits, compliance reviews, and funder reporting.
  • Support monthly close and annual audit processes related to the development pipeline.
Construction Loan Draw Administration
  • Lead the construction loan draw process across multiple active development projects.
  • Prepare, review, and submit draw packages to lenders, investors, and public agencies.
  • Coordinate supporting documentation, including pay applications, lien waivers, title reports, inspection reports, and cost backup.
  • Track sources and uses of funds to ensure compliance with approved budgets and financing requirements.
  • Monitor contingency balances and exposure.
  • Coordinate with vendors and project teams to ensure invoices align with contracts, change orders, and approved budgets.
  • Reconcile draw activity across Yardi job cost, general ledger, bank statements, and lender tracking systems.
  • Monitor draw schedules to ensure timely reimbursement of project expenditures.
  • Approve invoices and coordinate with Accounts Payable on vendor setup and payment processing.
  • Support project closeout activities, including final cost certification, reconciliations, and documentation.
Finance Operations & Process Improvement
  • Serve as a key cross-functional partner on development finance matters, including cash management, funding timelines, and compliance.
  • Collaborate with Finance, IT, and external consultants to improve accounting systems and processes, including Yardi optimization initiatives.
  • Support the development and implementation of standard operating procedures related to development finance activities.
  • Recommend and implement enhancements to internal controls and accounting processes.
  • Partner with Asset Management on financial reporting, operating budgets, REO reporting, and contingent liability tracking.
  • Assist with tax filings and reporting for affiliated entities.
  • Ensure all financial reporting complies with GAAP and applicable accounting standards.

Qualifications
  • Bachelor's degree in Accounting, Finance, or related field required; CPA preferred.
  • 5-8+ years of accounting experience within real estate development, with significant exposure to affordable housing projects.
  • Demonstrated experience managing construction loan draws and development/construction budgets.
  • Strong knowledge of LIHTC transactions and affordable housing financing structures.
  • Advanced proficiency in Yardi, including job cost, general ledger, and reporting functions.
  • Advanced Excel skills, including pivot tables, lookups, financial modeling, and budget tracking.
  • Ability to manage multiple projects and deadlines in a fast-paced development environment.

$115,000 - $120,000 a year
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.

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