Senior Accountant - CRE Development

Provident • Dallas, TX

12d • Hybrid

About The Position

We are excited to welcome an experienced Project Accountant (CRE Development) to our growing team. This role requires a sharp eye for detail and focuses on supporting active development projects with accurate, timely, full‑cycle accounting—from initial budgets through project completion.

Please note: This position is focused on development accounting. It does not include any property accounting duties.

As Project Accountant, you’ll oversee all financial management and reporting functions tied to active ground-up development projects—ensuring accuracy, transparency, and strategic alignment across every phase of the process. This is an outstanding opportunity to join a well-established, growing company where collaboration, shared success, and integrity aren’t just valued—they’re part of the dress code. We value talent and offer a platform for your professional development.

Requirements

• Degree in Accounting, Finance, Economics, or related field.
• 7+ years of experience with ground-up real estate development.
• Real Estate software experience: Yardi, Excel required.
• Self-starter with an entrepreneurial mindset; thrives in dynamic environments and pivots seamlessly across projects and priorities.
• Strong analytical and creative problem-solving skills, with a results-driven approach.
• Excellent written and verbal communication skills, with the ability to present effectively to owners, equity partners, and tenants.
• Ability to work independently, managing multiple high-priority projects simultaneously.
• Lifelong learner who applies expertise with confidence and defends analysis clearly and persuasively to investment committees.

Responsibilities

• Lead full-cycle accounting for development and operating real estate projects across Texas, ensuring accuracy under Income Tax Basis and/or GAAP.
• Prepare and post monthly journal entries, including accruals, cost of sales, and revenue recognition for assigned assets.
• Conduct monthly general ledger reviews to validate completeness and compliance with applicable accounting standards.
• Serve as the primary accounting liaison for project and development managers, providing financial insights and support.
• Partner with third-party property management teams to reconcile monthly operating results and ensure accurate financial reporting.
• Coordinate cross-functionally with internal teams to align on project-related financial matters and timelines.
• Prepare comprehensive financial statements and reporting packages for lenders, joint venture partners, and internal leadership.
• Ensure timely and accurate compliance with lender reporting requirements, including monthly draw submissions and capital activity tracking.
• Manage monthly capital calls and distributions for joint venture partners, maintaining transparency and audit readiness.
• Set up and maintain fixed asset schedules; record depreciation and amortization for all operating properties.
• Support the development and refinement of annual budgets and forecasts for both operating and development projects.
• Prepare detailed Project Cost Summaries to track construction progress and budget adherence.
• Record equity contributions, distributions, and pick-ups for general and limited partners, including minority interest allocations.
• Oversee accounting for property acquisitions and dispositions, including waterfall calculations and journal entry preparation.
• Review and summarize transaction documents to ensure accurate financial treatment under Income Tax Basis and/or GAAP.
• Respond to ad hoc requests and lead special projects for senior leadership, including the CFO and Controller, with a focus on strategic financial insights and operational excellence.

Benefits

• Competitive base plus bonus, and the unique ability to invest in the Provident Employee Fund
• Health, Dental, Vision Insurance
• Company-Provided Life Insurance and Long-Term Disability Insurance
• 401k with company match
• 529 College Savings Plan
• 3 Weeks PTO
• Paid Holidays
• Maternity/Paternity Leave

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level