Development Accountant II (Boston HQ or Lowell Regional Office)

WinnCompanies is looking for a Development Accountant II to join our corporate office located in Boston, MA or Lowell, MA.

In this role, you will be responsible for maintaining accurate financial records for all Winn-owned development properties from acquisition through construction, cost certification and transition to WinnResidential. This role will work closely with project directors, property operations team, financial analysts, asset management team, treasury team, and the Finance group as needed.

This is a hybrid opportunity with the schedule depending on office location. 

• Work with project directors, lenders, and investors to process monthly construction draw/requisition requests in accordance with the Construction Loan Agreement and Investor benchmarks for equity releases.
• Manage project cash to ensure timely processing of payable.
• Collaborate with the project directors to maintain and track all project sources and uses.
• Perform all property accountant responsibilities during the rehab period.
• Responsible for financial tasks such as cash position and general ledger balances; prepare journal entries; reconcile bank accounts; tie-out subledger reports to general ledger, calculate and process monthly management fees and accounting fees; and monitor security deposit liability to ensure it is fully funded.
• Complete comprehensive audit workpaper packages in accordance with GAAP and respond to questions from CPA firms in a timely manner and in accordance with deadlines.
• Prepare monthly operating projection file for financial analyst review.
• Track Development company cash advances to project and process timely reimbursements to Development company
• Assist with preparation of the cost certification package, including reconciling system to DSS workpapers, uploading all supporting documentation for auditors, and collaborate with project director to finalize projections.
• Ensure all real estate tax, insurance and mortgage payments are made timely and escrows are properly maintained.
• Prior to property acquisition, participate and follow up on internal WinnSTART accounting tasks.

• Bachelor's degree in accounting and/or finance.
• 3-5 years of relevant work experience.
• Experience with Microsoft Office Suite, including Word and Excel.
• Strong understanding of textbook accounting fundamentals.
• Ability to focus, achieve deadlines and work with a dynamic team of professionals.
• Possess strong written and verbal communication skills in the English language.
• Excellent costumer service skills, positive attitude and a strong work ethic.
• Ability to multi-task in a fast-paced office environment.
• Superb attention to detail.
• Outstanding verbal and written communication skills.

• CPA certification.
• Residential real estate background.
• Understanding of affordable housing tax credits.
• Experience with RealPage software.

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Our Benefits:

Regular full-time US employees are eligible to participate in the following benefits:

- Generous time off policies (including 11 paid holidays (12 for MA employees); Generous Accrued Time Off increasing with years of service; Generous paid sick time; Annual day of service; Floating Holiday)

- 401(k) plan options with a company match

- Various Comprehensive Medical, Dental, & Vision plan options

- Flexible Spending Account, Dependent Care Flexible Spending Account, Health Savings Account options with HSA annual employer contribution

- Long Term Disability and voluntary Short Term Disability; Basic Term Life Insurance and AD&D; optional supplemental life insurance

- Health Expense Reimbursement program (including gym memberships, equipment, and subscriptions)

- Tuition Reimbursement program and continuous training and development opportunities

- Wellbeing program (group challenges, seminars, opportunities to earn points to reduce medical premiums), Employee Assistance Program, & Commuter and Parking Reimbursement options

- Employee Corporate Discount Programs (Verizon Wireless, Home Depot Pro, Staples, and more!)

- Flexible and/or Hybrid schedules are available for certain roles

- Employee Relief Program supporting employees with unexpected hardships that place undue financial stress on them and their families

- To learn more, visit winnbenefits.com

Why WinnCompanies?

A job you can be proud of: WinnCompanies is a nationally recognized leader in apartment community management and development. Our team members are committed to helping people in the communities we serve and making a positive difference in their lives. 

A job that challenges you: Our employees are responsible for our growth and success, and we challenge our team members to always be their best in our fast-paced, dynamic and rewarding workplace. 

A job you can learn from: We offer multi-faceted leadership and learning opportunities to support our team members’ career growth and professional development.

A team that cares: We value teamwork, innovation, diversity and mutual respect. Through our recognition and rewards programs, we’re committed to celebrating and uplifting our team members.

About Us:

WinnCompanies is a mission-driven, national business focused on building and operating top quality affordable housing communities for individuals and families of all incomes, including members of the U.S. Armed Forces and their families. Our people are the source of our success – 4,300+ team members working together to create the best possible living communities in 27 states, Washington, D.C., and Puerto Rico.

Whether your skills are in operations, maintenance, leasing, compliance, marketing, IT, HR, accounting or finance, there’s a role for you at WinnCompanies. Your passion for excellence can help us make a positive impact in the lives of real people every day.

If you are a California Resident, please see our Notice of Collection here.

Salary will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.

Current Winn employees should apply through this internal link.