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Real Estate Development Accountant

Job in Minneapolis, Hennepin County, Minnesota, 55400, USA
Listing for: Hempel Real Estate
Full Time position
Listed on 2026-03-08
Job specializations:
  • Accounting
    Financial Reporting, Financial Analyst, Accounting Manager
  • Finance & Banking
    Financial Reporting, Financial Analyst, Accounting Manager
Salary/Wage Range or Industry Benchmark: 70000 - 85000 USD Yearly USD 70000.00 85000.00 YEAR
Job Description & How to Apply Below

Hempel Real Estate is seeking a detail-oriented Development Accountant to join our finance team. This

individual will be responsible for providing comprehensive accounting support for real estate development

projects from inception through stabilization. This role ensures that project costs are accurately tracked,

reported, and analyzed to support sound financial decision-making and compliance with internal and external reporting requirements.

Key Responsibilities Project Accounting
  • Maintain and manage the general ledger for multiple development projects.
  • Track and code construction and development costs to appropriate categories.
  • Reconcile project accounts and oversee loan draw schedules.
  • Assemble and review lender/equity draw packages with required documentation.
  • Prepare monthly balance sheet workbook reconciliations for internal review.
  • Produce monthly/quarterly financial reports with budget-to-actual comparisons.
  • Assist with year-end audit/tax preparation and coordination with external teams.
Budgeting & Forecasting
  • Lead the preparation and review of initial project budgets and subsequent revisions.
  • Track and assess budget changes, change orders, and contingency use.
  • Collaborate closely with senior development managers and executives to maintain accurateli>
  • forecasts.
Compliance & Controls
  • Ensure compliance with GAAP and internal policies and procedures.
  • Assist in building internal controls and documentation for development accounting.
Qualifications
  • Bachelor’s in Accounting, Finance, or related field.
  • CPA (active or inactive) is strongly recommended.
  • 3+ years of experience; 1–2 years in real estate development or construction preferred.
  • Knowledge of GAAP and real estate project accounting.
  • Strong analytical, organizational, and communication skills.
  • Ability to work independently and collaborate with a team in a fast-paced, deadline-driven
  • Advanced Excel skills and comfort working across systems.

This Development Accountant position provides an excellent opportunity to expand on existing experience with accounting systems and Team management. The successful candidate will have the chance to work with a dynamic team and contribute to the financial success of our company.

Hempel Real Estate is an equal opportunity employer. We do not discriminate on the basis of race, color, religion, sex, national origin, age, disability, or any other legally protected status.

Salary Range: $70,000 to $85,000

  • Health Insurance
  • 401K (4% match on a 5% contribution)
  • Unlimited Planned PTO
  • Free Parking
  • World class onsite amenities which include:
  • Gym
  • Pickleball Court
  • Golf Simulators

To apply, send your resume to:

#J-18808-Ljbffr
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