Job Responsibility
Develop annual and project-specific budgets for real estate development, acquisition, and property management activities.
Monitor actual expenditures against budgets and forecasts, and identify variances to support cost control and financial performance.
Prepare periodic budget performance reports and present financial insights to senior management and investors.
Build and maintain detailed financial models to forecast capital requirements, operational costs, and projected returns (ROI, NPV, IRR).
Incorporate inflation assumptions, tax rate changes, lease-up schedules, and financing terms into budget forecasts and “what-if” scenario planning.
Apply advanced accounting and cost allocation methodologies to distribute shared costs (e.g., utilities, administrative overhead) across business units.
Ensure budgetary compliance with GAAP, internal controls, and multi-entity accounting and tax regulations.
Assist in classifying capital vs. operating expenses in accordance with applicable accounting standards and tax implications.
Collaborate with construction, operations, and executive teams to align budget allocations with strategic and operational goals.
Prepare executive-level budget reports and presentation materials for board meetings, investor updates, and internal reviews.
Requirements
Master’s degree in Accounting or related
1 year experience performing budgeting, cost analysis, GAAP compliance, financial reporting, cash flow management, and tax handling.
Part-time equivalent experience accepted.
About the Company