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Bisnow

Senior Real Estate Development Accountant

New York City · On-site · Full-Time · SelectLeaders Managers

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About the role

Contract Management
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.