Development Accountant Job at Greystar, Charleston, SC

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  • Greystar
  • Charleston, SC

Job Description

ABOUT GREYSTAR

Greystar is a leading, fully integrated global real estate company offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing, logistics, and life sciences sectors. Headquartered in Charleston, South Carolina, Greystar manages and operates more than $290 billion of real estate in 247 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, manages more than 857,400 units/beds globally, and has a robust institutional investment management platform comprised of more than $76 billion of assets under management, including over $34 billion of development assets. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit .


JOB DESCRIPTION SUMMARY

The Development & Construction Accountant will be responsible for all accounting duties for their project portfolio. The position will be part of a regionally focused accounting team, collaborating to achieve department and company-wide goals. This position should have the ability to work individually and, in a team setting.

JOB DESCRIPTION

Job Responsibilities:

Financial Accounting – Applies generally accepted accounting principles (GAAP) to c ompile and analyze financial information into various financial statements and accounting reports . M akes appropriate journal entries in the general ledger by checking calculations, reviewing basis for figures, and balancing and reconciling figures.

Cost Accounting & Budget Management – Maintains development and construction budgets for all aspects of the project life cycle . Completes various forecasting and analysis to ensure accuracy and completeness of job cost reports. Assists development and construction directors to effectively manage project budgets . 

Project Abstract s – Develop s a g eneral understanding of the underlying agreements an d investment materials for assigned projects . Works to become familiar with the specific sections that are relevant to better understand the overall structure, including commitment s , cost classifications, JV and lender requirements, and project fees. 

Customer Relations hip s - Establish and maintain s professional communication with all internal and external project stakeholders. Ensures customer satisfaction by responding to various requests from external investors, lenders, and others related to financial reports , project and construction draws . 

Cash Management – Accurate ly and timely manage s all assigned cash accounts . Perform s monthly bank reconciliations , wire transfer s , deposits , and other payment processes to ensure vendors are paid in a timely manner .  Effectively works with development and construction teams to accurately forecast cash needs . 

Collaboration – Establish es and maintain s professional communication with all internal and external project stakeholders . Develops good working relationships with other departments including but not limited to ; A ccounts Payable, Finance, Asset Management, Property Management, Development and Construction.

Annual Audits - Acts as liaison to internal and external auditors by explaining journal entries and financial transactions .  P rovid es research data and information as requested and answering questions necessary to complete the audit in a timely manner.


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Additional Compensation :

  • Corporate Positions : In addition to the base salary, this role may be eligible to participate in an annual bonus program based on individual and company performance.
  • Onsite Property Positions : In addition to the base salary, this role may be eligible to participate in weekly, monthly, and/or quarterly bonus programs.

Robust Benefits Offered*:

  • Competitive Medical, Dental, Vision, and Disability & Life insurance benefits. Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.
  • Generous Paid Time off. All new hires start with 15 days of vacation, 4 personal days, 10 sick days, and 10 paid holidays. Plus your birthday off after 1 year of service! Additional vacation accrued with tenure.
  • For onsite team members, onsite housing discount at Greystar-managed communities.
  • 6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter).
  • 401(k) with Company Match up to 6% of pay after 6 months of service.
  • Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000 (includes adoption or surrogacy).
  • Employee Assistance Program.
  • Critical Illness, Accident, Hospital Indemnity, Pet Insurance and Legal Plans.
  • Charitable giving program and benefits.

*Benefits offered for full-time employees. For Union and Prevailing Wage roles, compensation and benefits may vary from the listed information above due to Collective Bargaining Agreements and/or local governing authority.

Greystar will consider for employment qualified applicants with arrest and conviction records.

Job Tags

Holiday work, Full time, Local area,

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