Development Accountant - Stream Data Centers (Hybrid or Remote)

Company Description

ABOUT STREAM REALTY PARTNERS

Founded in 1996, Stream Realty Partners (Stream) began with a vision. Not one focused on bricks and mortar, but with people at its foundation. Headquartered in Dallas, TX and operating in core markets coast to coast, we complete billions in annual transactions in office, industrial, retail, healthcare, land, and data center properties. With millions of square feet of assignments, Stream is one of the fastest-growing, full-service commercial real estate services organizations in the country. Our team of talented individuals have come together to create our distinct culture, best summarized by our firm’s core values: smart, honest, nice, and passionate. For more information, visit www.streamrealty.com  and follow Stream on LinkedIn, Instagram, X and Facebook.

IMMEDIATE IMPACT. MEANINGFUL CAREER.

At Stream, we know our success begins and ends with our people. It is the reason we work hard to attract and retain the best and brightest talent. From day one, you will be an integral member of our high-caliber, collaborative team. We will empower you to apply your energy, expertise, and creativity to meet our client’s needs while instilling you with unsurpassed market knowledge and development opportunities to succeed. When you join Stream, you won’t simply start a new job—you will build a meaningful and impactful career.

Job Description

POSITION OVERVIEW

We are seeking a meticulous and detail-oriented Development Accountant to join our team. The Development Accountant will play a crucial role in managing financial aspects related to the development and construction of data center projects. This position offers an exciting opportunity to work with a growing team as it rockets towards the future.

RESPONSIBILITIES

• Work closely with the finance team, construction teams, and external stakeholders to ensure financial objectives are met and reported accurately.
• Produce financial reporting for building owners.
• Support both external and internal audit processes and ensure compliance with accounting standards and company policies.
• Review monthly draw packages and ensure that all the correct information is in the lender certificates and draw documents that is required for JV’s and loans.
• Process accounts payable and accounts receivable for multiple data center developments and ensure correct job cost coding and job cost structure.
• Work with treasury management on new accounts, bank reconciliation, wires and deposit details.
• Ensure that all journal entries and monthly ledgers are accurate for monthly and quarterly financial reporting and prepare lender compliance certificates as needed/required by property.

Qualifications

• Bachelor’s degree in accounting, finance, or a related discipline is required
• 3+ years of experience in property accounting or finance with a strong understanding of the General Ledger and financial reporting (preferably in real estate development, construction, or a related industry) is required
• Experience with project accounting, capital expenditure management and lender draw process is required
• Strong understanding of financial principles and practices, including GAAP is preferred
• Experience in financial modeling and analysis, with advanced Excel skills is required
• Experience with NetSuite, Yardi, Rabbit or other analytics tools
• Excellent communication skills and ability to collaborate effectively with cross-functional teams
• Detail-oriented and able to manage multiple priorities in a dynamic environment
• Experience working in a fast-paced environment with high levels of ambiguity
• High regard for accuracy and completeness

Additional Information

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