Job Description

Pay: $65,000.00 - $80,000.00 per year

Why This Is a Great Opportunity

• Join a mission-driven real estate development organization making a lasting impact on communities.
• Work on meaningful mixed-use, affordable housing, historic preservation, and urban redevelopment projects.
• Gain exposure to the full development accounting lifecycle from pre-development through project completion.
• Collaborate with experienced development, construction, finance, and property management professionals.
• Grow your expertise in complex real estate financing, construction accounting, and tax credit projects.
• Enjoy a collaborative culture with long-term career growth and professional development opportunities.

Location: Cincinnati, Ohio – Hybrid. After onboarding and training, enjoy a flexible schedule with approximately four days per week in the office and one day remote.

Note: Applicants must have a Bachelor's degree in Accounting, Finance, or a related field, along with 2+ years of accounting experience supporting real estate development, construction accounting, construction draws, job costing, or project accounting.

About Us

We are a mission-driven real estate development organization dedicated to transforming communities through innovative development, construction, and property management. Our team partners on impactful residential, commercial, and mixed-use projects that improve neighborhoods while creating lasting value. We believe in collaboration, integrity, professional growth, and making a meaningful difference through our work. Confidential Employer.

Job Description

• Support the complete accounting lifecycle for real estate development projects from pre-development through construction and transition to operations.
• Prepare and reconcile construction loan draws, equity draws, and project funding requests.
• Track project costs, construction-in-progress balances, job costs, and project cash flow.
• Assist with project closings, financing schedules, bank account setup, and funding documentation.
• Partner with development managers, lenders, investors, auditors, and accounting teams throughout each project.
• Prepare financial reports, reconciliations, forecasts, and development workpapers.
• Support tax credit reporting and compliance for affordable housing and historic redevelopment projects.
• Assist with year-end audit preparation and project financial reporting.
• Maintain accurate accounting records while ensuring compliance with financing and reporting requirements.
• Contribute to continuous process improvements and financial accuracy across development projects.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 2+ years of accounting experience.
• Experience with real estate development accounting, construction accounting, project accounting, or construction job costing.
• Experience preparing construction draws and tracking project costs.
• Strong Microsoft Excel skills.
• Excellent analytical, organizational, and communication skills.
• Ability to manage multiple projects and deadlines.
• Experience with Yardi or another real estate ERP is a plus.
• Experience with LIHTC, Historic Tax Credits, or New Markets Tax Credits is preferred but not required.

Why You Will Love Working Here

You'll join a collaborative team where your work directly contributes to meaningful community development projects. We value innovation, teamwork, and continuous learning while providing opportunities to expand your expertise in one of the most specialized areas of real estate accounting. If you enjoy challenging work with real impact and long-term career growth, you'll thrive here.

JPC-1508

Benefits:

• Dental insurance
• Paid time off
• Retirement plan
• Vision insurance

Requirements: Must haves: Bachelor’s degree in accounting/financial or similar, 2+ yrs exp in accounting experience involving real estate development, construction draws/job costs, or project accounting

• Required Years as Associate: 2

• Additional context: Relocation- [no]. Packages - [no]

Submission Email: Name / Teresa - tofarrell@modelgroup.net ; amiller@modelgroup.net

Quick Recruiter Reference

Development Accountant supporting real estate development accounting, construction draws, job costing, and project financial reporting. Hybrid Cincinnati role requiring 2+ years of related accounting experience and a Bachelor's degree.

Recruiters Submission: To submit, cancel - Development Accountant - Model Group - JPC-1508 - Source

*New Job Order Alert*

• Client job title: Development Accountant

• Location: Cincinnati, OH

• On-site, hybrid, remote: Hybrid

• Experience: 2+

• Good fit job titles/keywords for candidates: Development Accountant, Construction Accountant, Project Accountant, Real Estate Accountant, Property Accountant, Job Cost Accountant, Construction Draws, Yardi, Project Accounting

• # of hires needed: 1

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