Development & Construction Accountant - Remote

Overview

Lincoln Avenue Communities (LAC) is seeking an entrepreneurial-minded Development & Construction Accountant to join our collaborative team dedicated to preserving and building affordable multi-family housing across the United States.

In Short

• Serve as the primary contact for post-closing development transactions.
• Process and manage monthly construction loan draw requisitions for tax credit rehabilitation and new construction projects.
• Oversee the development budget, reconciling and reallocating costs as necessary.
• Monitor construction progress and project reimbursements closely.
• Coordinate timely invoice payments and funding disbursements.
• Manage the timing and funding of equity installments with investor partners.
• Prepare tax credit documents in coordination with third parties.
• Respond promptly to third-party requests and efficiently manage multiple deadlines.
• Track key project-related information, including construction milestones, equity installments, project contacts, bond disclosures, and other critical data.
• Interpret and implement terms of construction contracts, partnership agreements, loan documents, regulatory agreements, closing pro forma financial models and other related agreements.

Requirements

• Strong financial oversight skills.
• Experience in real estate accounting.
• Ability to manage multiple projects and deadlines.
• Excellent communication and relationship management skills.
• Knowledge of tax credit programs and compliance.
• Proficiency in financial reporting and budgeting.
• Experience with construction management processes.
• Ability to collaborate cross-departmentally.

Benefits

• Exceptional career growth opportunities.
• Chance to contribute to impactful projects.
• Collaborative team environment.
• Work with senior business leaders and various stakeholders.