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Development Accounting Associate

Company: Longfellow Real Estate Partners, LLC
Location: Durham
Posted on: February 25, 2021

Job Description:

Company Background: Longfellow Real Estate Partners acquires, develops and manages life science real estate for leading universities, institutions and companies.--Our institutional capabilities and entrepreneurial vision enable us to deliver high quality projects while satisfying each tenant's unique requirements. Longfellow is a collaborative and highly entrepreneurial organization. The firm has grown from a small start up to a 90+ person organization with over $2 billion in AUM.--We pride ourselves on a shared work ethic and a focus on accomplishing collective objectives.--Longfellow strives to develop deep and lasting relationships internally within our team and externally with our investors, clients and vendors through a shared vision and values. Longfellow is experiencing considerable growth and is investing on behalf of Longfellow Strategic Value Fund, a $500 million perpetual-life vehicle.--Currently we are looking for a collaborative and entrepreneurial individual to join the Company.--We envision considerable opportunity for advancement as our organization expands.--We believe in developing talent and providing resources for health, wellness and quality of life. Our clients are visionary institutions and companies pushing the boundaries of human knowledge.--We approach our work in the same manner in order to serve them.--We embrace the benefits of rapidly evolving technology and expect that our team will thrive in a dynamic and collaborative work environment. Position Background:We are seeking to hire an associate with a development accounting background. The ideal candidate must have a strong accounting and finance background, great quantitative skills and the highest level of integrity.This is a dynamic role that will work closely with property accounting, project management and asset management across a pipeline of ground-up developments and building repositioning. The position provides exposure to a full spectrum of duties within a fast-growing real estate development and management firm. As such, the position demands a dedicated individual with excellent attention to detail, leadership skills, facility with numbers, good people skills and the ability to prioritize, multi-task, work independently and solve problems.Specific Responsibilities:--- Execute the monthly construction accounting process including the review and coding of contractor invoices, communication with vendors, and compilation of reports;--- Setup and maintain project budgets, contracts and change orders in accounting software;--- Compile monthly construction draws and submit to lenders;--- Assist with preparation of maintenance of development budgets and forecasts;--- Assist in preparation of various client reporting requirements;--- Assist on various ad hoc projects that arise;Qualifications:We are looking for a passionate team player with grit, high integrity and a honed attention to detail. In addition, we expect that your life outside of work is as important as your career and that you are driven to succeed in both.--- Minimum of 2+ years of experience in real estate accounting.--- Undergraduate or advanced degree in Accounting or Finance;--- Individual should possess excellent oral and written communication skills;--- Must be highly proficient in Microsoft Excel;--- Experience with real estate accounting systems (Yardi experience is a plus);--- Ability to handle multiple tasks with strong organizational skills;--- Detail oriented with independent work ethic;

Keywords: Longfellow Real Estate Partners, LLC, Durham , Development Accounting Associate, Accounting, Auditing , Durham, North Carolina

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