About the Role

We focus on our clients' strategic, operational, financial and capital needs by addressing the full spectrum of financial and transactional challenges faced by corporations, boards, private equity sponsors, creditor constituencies and other stakeholders.

FTI Real Estate Solutions has a singular focus on the real estate and real estate finance industries and the capital markets that serve it. Our services are designed to create integrated financial, tax and real estate solutions for clients having underlying value in real estate operations and assets. We represent leading public and private real estate entities including equity and mortgage REITs, financial institutions, investment banks, opportunity funds, insurance companies, hedge funds, pension advisors and owners/developers. We provide outsourced accounting services to both public and private companies, including REITs, mortgage finance companies, real estate private equity funds, developers and operators.

What You'll Do

The senior project/development accountant will interact directly with clients and other FTI practitioners and serve one or more clients. Responsiveness to client deadlines (for both financial statements and special projects) is essential. The candidate will possess strong accounting skills and demonstrate the interest and ability to grow their technical expertise.

• Preparation and review of monthly requisitions and coordination with lenders
• Process funding requests and draws requests for projects with construction loans
• Ensure complete and timely loan draws are prepared and vendors are paid in a timely manner
• Maintain and balance budgets and ensure timely project completion and adherence to schedules
• Perform investor relations functions including monthly project construction updates, financial updates, review of project financial statements and tax returns
• Prepare and distribute monthly and quarterly financial reports for development companies internally to our client and to external partners, including investors and lenders
• Prepare monthly financial statements, including income statements, balance sheets, and cash flow statements
• Assist with the transaction closing process, review settlement statements for purchases and sales, prepare opening entries/gain on sale calculations
• Prepare monthly development journal entries
• Strong ability to reconcile accounts, expenses, perform various analyses, and monthly/quarterly reports, with excellent attention to detail
• Support month-end and year-end close process
• Responsible for all vendor payables, property & reimbursable expenses, various fees, construction loan reconciliations, project disbursements, etc.
• Recording payroll from PEO data intercompany cost allocations & billing between the various projects/properties
• Execute timely and accurate processing of client requisitions payments
• Maintain and report on capital accounts for investors
• Calculate preferred returns, manage distributions of equity capital, and profits for both stabilized and for sale projects
• Responsible for management of credit cards, including utilization of third-party apps and month-end reconciliations
• Carry out any other duties that may be deemed appropriate to this role
  

How You'll Grow

Direct access to leadership with defined long-term planning will ensure continued success and career trajectory. Having the opportunity to partner with our internal teams and diverse clients will help with continued growth in new and complex functional areas.

Basic Qualifications

• Must have at least three (3) years of experience as a staff, construction, or property accountant within real estate (required)
• Bachelor's degree in accounting (preferred)
• Experience with AIA Documents G702/G703 and bank requisition for construction
• Experience with construction requisitions, project budget oversite, reporting on capital accounts for investors as well as handling distributions for both stabilized and for sale projects
• Working knowledge of Yardi Voyager and Job Cost Module (or similar software) preferred
• Experience with general ledger functions and the month-end/year-end close process, managing closings
• Excellent accounting software user and administration skills
• The ideal candidate will have worked in the real estate industry, construction accounting, and property accounting.
• This position will require the candidate to have extensive experience with construction requisitions, working with lenders, reporting on capital accounts for investors and distributions
• Strong organizational skills with attention to detail
• Strong verbal and written communication skills
• This role is remote but may require periodic travel to clients and FTI offices
• COVID Vaccine required*

• Individuals seeking an exemption from this requirement for medical or religious reasons should complete a request for accommodation form by contacting recruitingsupport@fticonsulting.com .

#REMOTE Our Benefits

Apart from the well-structured career path and excellent team environment, our employees enjoy a variety of perks and benefits. Our benefits include, but are not limited to:

• Competitive salary and bonus plans
• Generous paid holidays, time off and parental leave
• Full package of benefits plans
• Company matched 401K
• Annual paid volunteer hours
• Corporate matching for charitable donations
• Potential for flexible working arrangements
• Free snacks and drinks
• Upscale offices close to public transportation
• Pet insurance
  

About FTI Consulting

What makes us unique? With more than 6,250 employees located in offices in every corner of the globe, we are the firm our clients call when their most important issues are at stake. Regardless of what level you are, you will have the opportunity to work alongside and learn from top experts in your field on high-profile engagements that impact history. Our culture is collaborative, and we value diversity, recognition, development and making a difference in our communities.

FTI Consulting is publicly traded on the New York Stock Exchange and has been recognized as a Best Firm to Work For by Consulting magazine and one of America's Best Management Consulting Firms by Forbes . For more information, visit www.fticonsulting.com and connect with us on Twitter ( @FTIConsulting ), Facebook and LinkedIn .

FTI Consulting is an equal opportunity employer and does not discriminate on the basis of race, color, national origin, ancestry, citizenship status, protected veteran status, religion, physical or mental disability, marital status, sex, sexual orientation, gender identity or expression, age, or any other basis protected by law, ordinance, or regulation.