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Senior Development Accountant

Description

Overview

Our Company:

Lennar Multifamily Communities (LMC), a wholly owned subsidiary of Lennar (NYSE:LEN), is a multifamily real estate development and operating company with a diverse portfolio of institutional quality multifamily rental communities across the US. Between our completed developments and pipeline, LMC owns and manages over 100 communities across the US that exceeds 41,600 homes and $15.3 Billion in development costs and consists of high-rise, mid-rise and garden apartments.

Responsibilities

Summary of Position:

Responsible for assisting the Accounting Manager and/or Division Controller in all financial reporting and accounting related services required by corporate accounting. Helps with month end close for the division and a portfolio of assets in joint ventures. Prepare reports for internal and external customers, including financial institutions and joint ventures. Assist with division business plan and projections and perform various analytical functions.

Principal Duties and Responsibilities:

  • Responsible for meeting the timelines in the monthly financial closing schedule.
  • Reconciles and analyzes various company General Ledgers.
  • Ensures accuracy of entries.
  • Prepare monthly and quarterly financial reporting packages including joint venture reports.
  • Enter and review the proper recording, maintenance, and update of all job cost budget revisions.
  • Assist in the formation and monitoring of joint ventures and transactional closings by operating agreements and/or loan agreements.
  • Prepare or review joint venture construction loan draws.
  • Help coordinate and prepare schedules for annual joint venture audits and tax returns.
  • Assists with budget preparation and prepares monthly budget variance analysis.
  • Perform balance sheet account analysis and other analytical procedures as needed.
  • Coordinates with tax consultant on property taxes, sales, and use taxes, and appeals.
  • Document and evaluate internal controls.
  • Assist with the division’s adherence to corporate policies and procedures.
  • Review expense reports for accuracy and completeness.
  • Work with the development team and AP closely to organize, code, and submit vendor invoices for payment.
  • Manage cash balance on bank accounts and prepare wire transfer requests.
  • Must be able to maintain a positive attitude and perform in a fast-paced environment.
  • Cross train for position(s) within the division organizational structure from time to time, as required by the division.

Qualifications

Education and Experience Requirements:

  • Bachelor’s in Accounting or related field is required.
  • Experience with joint venture accounting is preferred.
  • Experience with public accounting is preferred.
  • Real Estate Experience a plus.
  • Excellent Excel skills.
  • Be a proven team player and leader that can work quickly, accurately, and independently in a fast-paced environment.
  • Strong verbal & written communication skills.
  • Strong prioritization skills while managing multiple tasks simultaneously.
  • Organizational skills required, meeting deadlines in a timely manner.
  • Strong analytical skills.
  • Must possess professional attitude to represent company in a positive manner.
  • Timberline, Sage experience a plus.

Physical Requirements:

This is primarily a sedentary office position which requires the Development Accountant to have the ability to operate computer equipment, speak, hear, bend, stoop, reach, lift, and move and carry up to 25 lbs. Finger dexterity is necessary.

Additional Requirements:

  • Arrive to work on time.
  • Follow directions from a supervisor.
  • Interact well with co-workers.
  • Understand and follow posted and distributed work rules and procedures.
  • Accept constructive criticism.
  • Team Player.

This description outlines the basic responsibilities and requirements for the position noted. This is not a comprehensive listing of all job duties of the Associate. Duties, responsibilities, and activities may change at any time with or without notice.

#CB #EG

Type

Regular Full-Time

Requirements

 

Job Snapshot

Location US-NC-Charlotte
Employment Type Full-Time
Pay Type Year
Pay Rate N/A
Store Type Accounting
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Company Overview

LMC, A Lennar Company

Opportunity awaits at Lennar! As one of America's leading homebuilders, we make it easy to map out your future success with a wide variety of opportunities for career growth in the most desirable real estate markets. We seek spirited, passionate and energetic Team players with an eagerness to learn, a fiery determination to succeed and a burning desire to excel. Learn More

Contact Information

US-NC-Charlotte
Snapshot
LMC, A Lennar Company
Company:
US-NC-Charlotte
Location:
Full-Time
Employment Type:
Year
Pay Type:
N/A
Pay Rate:
Accounting
Store Type:

Description

Overview

Our Company:

Lennar Multifamily Communities (LMC), a wholly owned subsidiary of Lennar (NYSE:LEN), is a multifamily real estate development and operating company with a diverse portfolio of institutional quality multifamily rental communities across the US. Between our completed developments and pipeline, LMC owns and manages over 100 communities across the US that exceeds 41,600 homes and $15.3 Billion in development costs and consists of high-rise, mid-rise and garden apartments.

Responsibilities

Summary of Position:

Responsible for assisting the Accounting Manager and/or Division Controller in all financial reporting and accounting related services required by corporate accounting. Helps with month end close for the division and a portfolio of assets in joint ventures. Prepare reports for internal and external customers, including financial institutions and joint ventures. Assist with division business plan and projections and perform various analytical functions.

Principal Duties and Responsibilities:

  • Responsible for meeting the timelines in the monthly financial closing schedule.
  • Reconciles and analyzes various company General Ledgers.
  • Ensures accuracy of entries.
  • Prepare monthly and quarterly financial reporting packages including joint venture reports.
  • Enter and review the proper recording, maintenance, and update of all job cost budget revisions.
  • Assist in the formation and monitoring of joint ventures and transactional closings by operating agreements and/or loan agreements.
  • Prepare or review joint venture construction loan draws.
  • Help coordinate and prepare schedules for annual joint venture audits and tax returns.
  • Assists with budget preparation and prepares monthly budget variance analysis.
  • Perform balance sheet account analysis and other analytical procedures as needed.
  • Coordinates with tax consultant on property taxes, sales, and use taxes, and appeals.
  • Document and evaluate internal controls.
  • Assist with the division’s adherence to corporate policies and procedures.
  • Review expense reports for accuracy and completeness.
  • Work with the development team and AP closely to organize, code, and submit vendor invoices for payment.
  • Manage cash balance on bank accounts and prepare wire transfer requests.
  • Must be able to maintain a positive attitude and perform in a fast-paced environment.
  • Cross train for position(s) within the division organizational structure from time to time, as required by the division.

Qualifications

Education and Experience Requirements:

  • Bachelor’s in Accounting or related field is required.
  • Experience with joint venture accounting is preferred.
  • Experience with public accounting is preferred.
  • Real Estate Experience a plus.
  • Excellent Excel skills.
  • Be a proven team player and leader that can work quickly, accurately, and independently in a fast-paced environment.
  • Strong verbal & written communication skills.
  • Strong prioritization skills while managing multiple tasks simultaneously.
  • Organizational skills required, meeting deadlines in a timely manner.
  • Strong analytical skills.
  • Must possess professional attitude to represent company in a positive manner.
  • Timberline, Sage experience a plus.

Physical Requirements:

This is primarily a sedentary office position which requires the Development Accountant to have the ability to operate computer equipment, speak, hear, bend, stoop, reach, lift, and move and carry up to 25 lbs. Finger dexterity is necessary.

Additional Requirements:

  • Arrive to work on time.
  • Follow directions from a supervisor.
  • Interact well with co-workers.
  • Understand and follow posted and distributed work rules and procedures.
  • Accept constructive criticism.
  • Team Player.

This description outlines the basic responsibilities and requirements for the position noted. This is not a comprehensive listing of all job duties of the Associate. Duties, responsibilities, and activities may change at any time with or without notice.

#CB #EG

Type

Regular Full-Time

Requirements

 
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