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We are looking for an experienced Senior Accountant to manage and oversee financial operations for multiple entities involved in large-scale development projects in Germantown, Maryland. This role includes preparing financial reports, reconciling accounts, and ensuring compliance with both Federal Income Tax accounting and Generally Accepted Accounting Principles (GAAP). The ideal candidate will play a critical role in maintaining financial accuracy, documenting gains under applicable accounting standards, and supporting effective financial controls.
Job Responsibility:
Prepare and finalize monthly, quarterly, and annual financial statements for multiple entities and projects, ensuring timely completion of consolidations, variance analyses, and bank reconciliations
Record daily financial activities and ensure month-end accruals are accurately captured and documented
Develop and implement policies, procedures, and internal controls to mitigate financial risks and enhance reporting accuracy
Manage all aspects of accounting for acquisitions, dispositions, and gains on sales, including reviewing contracts, calculating gains, and preparing journal entries
Ensure compliance with Accounting Standards Codification 606 and other applicable standards, accurately recording revenue and project costs
Collaborate with project managers to estimate and record period-end accruals with appropriate supporting documentation
Oversee cash flow management, including budgeting, forecasting, and maintaining real estate tax schedules to ensure timely payments
Assist with audit and tax preparations by providing necessary schedules and documentation
Support the Controller in managing job cost closeouts and ensuring accurate cost allocations
Perform special projects, such as reconciling job-related expenditures and calculating management fees, as needed
Requirements:
Minimum of 5 years of experience in accounting, with a focus on financial reporting and reconciliations
Proficiency in account reconciliation, including balance sheet and bank reconciliations
Strong knowledge of general ledger management and journal entry preparation
Experience with month-end close processes and financial consolidations
Familiarity with percentage-of-completion accounting and ASC 606 Revenue Recognition standards
Advanced proficiency in Microsoft Excel, including the use of complex formulas and data analysis tools
Hands-on experience with Yardi or similar accounting software
Strong analytical and organizational skills, with the ability to manage multiple tasks effectively