Senior Real Estate Accountant

Provident • Dallas, TX

6d • Hybrid

About The Position

We are excited to welcome an experienced Real Estate 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.

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