Role and Responsibilities
Pedcor is looking for a highly motivated individual to join our multifamily real estate team. The Staff Accountant will work collaboratively with our development and accounting teams and be actively involved throughout the development and construction process of our $300+ million annual development pipeline.
Primary responsibilities will include, although not be limited to, the following: review general ledger activity to prepare project cost allocation files, coordinate with Draw Coordinator to manage monthly project draw submissions, work with external lenders (mainly HUD) to source monthly debt funding, oversee cost coding and guide accounting in proper book entries, manage draw related due diligence and provide administrative support, review and analyze income statements to prepare debt service coverage calculation, and assist with Section 42 tax credit allocation submissions.
The Staff Accountant will work closely with current finance team members to learn Pedcor’s development and construction platforms with the goal of quickly growing to facilitate such functions independently. This position will work closely with and report to the Vice President of Development and Finance. The ideal candidate will thrive in an entrepreneurial, social, fast-moving environment with the ability to work both independently and as part of a collaborative team. While this position will work closely with the accounting department, it will not be responsible for preparing financial statements or posting general journal entries.
Qualifications and Education Requirements
The ideal candidate should have a BS or BA in Accounting or Finance with 1-3 years of related experience. Prior professional experience in a real estate related field is a plus. Prior cost certification experience is a plus. A strong accounting foundation and exception organization skills will be necessary.
Preferred Skills
- Advanced knowledge of Excel
- Excellent communication skills and ability to work with a team
- Attention to detail and ability to meet strict deadlines
- Self-starter with ability to manage multiple projects simultaneously
- Strong analytical skills with a solid understanding of accounting and finance concepts
Additional Notes
Pedcor Investments (“PILLC”) was founded in 1987 and is the main multifamily development arm of the Pedcor Companies. PILLC, along with its affiliates, is active in the development, construction, management, and ownership of multifamily housing across 23 states with a focus on Section 42 tax credit housing. PILLC has established a reputation as an innovative developer with a solid history of compliance with IRC Section 42 property management. PILLC actively manages over $2B in real estate assets in conjunction with a multitude of investing and lending partners.
Skills Required
- BS or BA in Accounting or Finance
- 1-3 years of related experience
- Strong accounting foundation
- Exceptional organization skills
- Prior professional experience in a real estate related field
- Prior cost certification experience
- Advanced knowledge of Excel
- Excellent communication skills and ability to work with a team
- Attention to detail and ability to meet strict deadlines
- Self-starter with ability to manage multiple projects simultaneously
- Strong analytical skills with a solid understanding of accounting and finance concepts
What We Do
The ongoing philosophy at Pedcor Management Corporation continues to be as straightforward today as it was in 1987: provide quality affordable housing, produce professional results for our residents and our investors, positively impact the community in which we are located. Our communities stretch from coast to coast, including Alabama, Colorado, Illinois, Indiana, Iowa, Kentucky, Michigan, Missouri, Minnesota, Nebraska, North Carolina, Ohio, Oregon, Texas and Virginia. We strive to be the number one provider of Affordable Housing. P.M.C. provides the formulation and implementation of marketing strategies, new product delivery absorption, income and expense projections, personnel selection, training and direction, maintenance and formulation of management systems and procedures. In addition, P.M.C. provides site selection feasibility and unit design input and acts as construction liaison for ownership in the area of quality control and interim operations management. Pedcor Management Corporation is an Equal Housing Opportunity provider and Equal Opportunity Employer. Pedcor Management Corporation does not discriminate in housing, employment or advancement on the basis of race, color, religion, sex, national origin, disability, familial status or any other basis prohibited by law.
