Senior Development Accountant

Aliso Viejo, CA, USA ● Seattle, WA, USA Req #273
Thursday, September 8, 2022

Our Company: 

Quarterra Group, Inc., a wholly-owned subsidiary of Lennar Corporation (NYSE:LEN and LEN.B), is a multi-strategy, real estate focused, alternative asset management company comprised of two rapidly growing verticals: Multifamily and Single-Family Rental.  Launched in 2011, Quarterra Multifamily, previously known as LMC, is among the nation's most active developers, builders, and managers and has been on the National Multi-Housing Council’s (NMHC) annual Top 50 list for eight consecutive years. Quarterra Single-Family Rental launched in 2020 to provide individuals, couples, and families who prefer to rent over home ownership the opportunity to live in exceptional neighborhoods with great amenities. It is anticipated that Quarterra will spin-off from Lennar and become an independent, NYSE listed, Alternative Asset Manager later this year under ticker symbol "Q".  For additional information, please visit Quarterra.com.

Summary of Position:
 

The Senior Development Accountant is responsible for assisting the Accounting Manager and/or Division Controller in all financial reporting and accounting related services required by corporate accounting. The Senior Development Accountant will help with month end close for the division and a portfolio of assets in joint ventures. Additionally, they will prepare reports for internal and external customers, including financial institutions and joint ventures. The Senior Development Accountant will also assist with the division business plan and projections and perform various analytical functions.
 

Principal Duties and Responsibilities:

  • Meet timelines in the monthly financial closing schedule.
  • Reconcile and analyze various company general ledgers.
  • Ensure accuracy of entries.
  • Prepare monthly and quarterly financial reporting packages, including joint venture reports.
  • Enter and review the proper recording, maintenance, and update of all job cost budget revisions.
  • Assist in the formation and monitoring of joint ventures and transactional closings by operating agreements and/or loan agreements.
  • Prepare or review joint venture construction loan draws.
  • Help coordinate and prepare schedules for annual joint venture audits and tax returns.
  • Assist with budget preparation and prepare monthly budget variance analysis.
  • Perform balance sheet account analysis and other analytical procedures as needed.
  • Coordinate with tax consultant on property taxes, sales, and use taxes and appeals.
  • Document and evaluate internal controls.
  • Assist with the division’s adherence to corporate policies and procedures.
  • Review expense reports for accuracy and completeness.
  • Work with the development team and Accounts Payable closely to organize, code, and submit vendor invoices for payments.
  • Manage cash balance on bank accounts and prepare wire transfer requests.

Education and Experience Requirements:

  • Bachelor’s degree in Accounting or related field required.
  • 3+ years of experience within accounting, experience with joint venture and public accounting is preferred.
  • Real estate experience is preferred.
  • Advanced Microsoft Office skills (Word and Excel).
  • Proven team player and leader with the ability to work quickly, accurately, and independently in a fast-paced environment.
  • Excellent oral and written communication.
  • Timberline, Sage experience is a plus.

Physical Requirements:
 

This is primarily a sedentary office position which requires the Senior Development Accountant to have the ability to operate computer equipment, speak, hear, bend, stoop, reach, lift, and move and carry up to 25 lbs. Finger dexterity is necessary.
#KW #LI-KW  

This description outlines the basic responsibilities and requirements for the position noted. This is not a comprehensive listing of all job duties of the Associate. Duties, responsibilities and activities may change at any time with or without notice.

 

Quarterra Group is an Equal Opportunity Employer that prides itself on diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, pregnancy or related condition, protected status, or any other status prohibited by applicable national, federal, state or local law. Quarterra Group believes diversity and inclusion among our Associates is critical to our success and we seek to recruit, develop and retain the most talented people from a diverse candidate pool.

Other details

  • Pay Type Salary
Location on Google Maps
  • Aliso Viejo, CA, USA
  • Seattle, WA, USA