Development Accountant (Hybrid, Washington, DC) - Robert Half Careers

Join Robert Half in placing top talent with a mission-driven organization that's transforming affordable housing across the nation. With nearly 40 years of experience, this forward-thinking team of 60+ professionals is dedicated to building, preserving, and financing high-quality affordable housing. If you're a skilled accountant passionate about real estate development and community impact, this Development Accountant role offers the perfect blend of technical expertise, collaboration, and growth opportunities.

About the Role

As a Development Accountant reporting to the Assistant Controller, Real Estate and Property Accounting, you'll manage financial operations for a dynamic portfolio of affordable housing properties spanning predevelopment, development, and operational phases. This hybrid position in Washington, District of Columbia, United States, emphasizes accuracy, transparency, and GAAP compliance while fostering strong relationships with property managers, lenders, investors, and internal teams. You'll deliver timely financial insights, support audits, and drive process improvements in a resident-first environment that innovates for stronger communities.

This role is ideal for professionals with real estate accounting experience who thrive in collaborative settings. Gain exposure to diverse project stages, from tracking partnership interests (GP/LP structures) to managing construction draws and lender requisitions. With direct access to executive leadership, you'll receive mentorship while contributing to nationwide housing initiatives.

Key Responsibilities

Your day-to-day will involve hands-on financial management and strategic collaboration:

• Execute full-cycle accounting and financial statement preparation for assigned real estate projects across all stages.
• Oversee monthly reconciliations, variance analyses, and reporting from third-party property management accountants.
• Track partnership interests, development fees, funds, and financial execution in GP/LP frameworks.
• Monitor intercompany transactions, including loans receivable/payable and operating property reconciliations.
• Partner on annual budgets, forecasts, and variance reporting to senior management.
• Support audits, tax processes, proformas, settlement statements, and regulatory compliance.
• Handle construction draws, lender requisitions, and budget-to-actual reconciliations.
• Maintain property ledgers, integrating construction and development activities.
• Manage depreciation, amortization, and asset retirement obligation schedules.
• Prepare audit documentation and liaise with vendors, contractors, and banks.
• Enhance internal controls and GAAP-aligned processes.
• Act as the key liaison between finance and development teams.

Required Qualifications

To succeed, bring:

• Bachelor's degree in Accounting, Finance, or equivalent.
• 3-5+ years in real estate, development, or property accounting.
• Deep GAAP knowledge and financial reporting proficiency.
• Advanced Excel skills; experience with Yardi, MRI, or similar systems.
• Strong analytical skills for variances, budgets, and reconciliations.
• Excellent communication for stakeholder engagement.
• Passion for affordable housing and public service.
• CPA (active or pursuing) highly preferred.

Affordable housing or nonprofit experience is a significant advantage.

Why Join Us?

This is more than a job—it's a chance to advance your career while delivering lasting community impact. Enjoy a hybrid schedule in vibrant Washington, DC, collaborative culture, and mentorship from top executives. Robert Half connects you to this extraordinary opportunity. Competitive salary around $80,000 USD yearly, plus comprehensive benefits. Apply now via Robert Half for immediate consideration or connect with Lee Chernett, VP at Robert Half Finance & Accounting on LinkedIn. Make a difference in affordable housing today!