Staff Accountant, Development Accounting

Posted 2 Hours Ago
Be an Early Applicant
Fort Washington, PA
1-3 Years Experience
Logistics • Real Estate
The Role
The Accountant, Development Accounting will be responsible for supporting the Development Team with accounting oversight of all development-related reporting, data management, and project monitoring in the Industrial Real Estate sector.
Summary Generated by Built In

Link Logistics Real Estate (“Link”) is a leading operator of last-mile logistics real estate. Established by Blackstone in 2019, the company connects consumption, technology, and the supply chain across its portfolio, which spans more than half a billion square feet. With more than 5 percent of U.S. GDP flowing through our spaces, we leverage our scale, proprietary data and insights, and foundational focus on sustainability to drive success for our customers’ businesses and deliver value for our stakeholders. Link Logistics strives to be the most equitable and inclusive industrial real estate company in the business. We put our people, customers, and communities first and find ways to make a conscious, positive impact where we live and work, prioritizing diversity, equity and inclusion (DEI) across our workforce to deliver an optimal employee experience. Every day, we work to reinvent and lead our industry forward by thinking bigger and challenging the status quo. 

 

Because we believe that good business must be synonymous with doing good, strong environmental, social and governance practices are foundational to our identity as a firm. These practices include setting ambitious goals to combat climate change, partnering with local nonprofits, and prioritizing internal diversity, equity, and inclusion efforts. We seek to use our position, ideas, and influence to drive progress in our industry and the wider world. At Link, we give our customers space to grow—and we give people space to grow, too. 

The Staff Accountant, Development Accounting will be responsible for supporting the Development Team with the accounting oversight of all development-related reporting, data management, and project monitoring. This position will be exposed to all facets of Industrial Real Estate.

RESPONSIBILITIES:

  • Reviews trial balance/general ledgers monthly including proper review of development assets, liabilities, property expenses and rental income

  • Prepares and records journal entries as needed and maintains monthly workpapers to facilitate the timely completion of the monthly close process

  • Sets up appropriate jobs and contracts for development and lease transaction costs

  • Collects, vest and stores contract supporting documentation required for Yardi contract setup

  • Prepares development invoices for payment and ensures audit-required documentation is attached

  • Interfaces with vendors and third-party managers regarding all matters related to the processing of development invoices

  • Processes equity draws and obtains/attaches in Yardi all necessary information for payment

  • Prepares development and land project draws and attends monthly draw meetings

  • Assists in obtaining lender-specific information from vendors or development management team to ensure timely loan draw process

  • Ensures timely billing of tenant improvement work to tenants and posting in Yardi

  • Coordinates receipt of payment with release of funds to vendor

  • Maintains development data in development database and assist in monthly development reporting

  • Performs other duties and/or special projects as assigned

QUALIFICATIONS:

  • BA or BS in Accounting or Finance

  • 1-2 years experience in the construction or real estate industry preferred

  • Strong proficiency with Microsoft Outlook, Excel, Word, PowerPoint; familiarity with Yardi also a plus

  • Ability to work in a collaborative and term oriented environment

  • Detail-oriented

  • Ability to multi-task effectively in a fast-paced work environment

EEO Statement

The Company is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email [email protected].

Top Skills

Excel
Microsoft Outlook
PowerPoint
Word
Yardi
The Company
Baltimore, MD
1,308 Employees
On-site Workplace
Year Founded: 2019

What We Do

Link Logistics is a leading operator of last-mile logistics real estate. As of March 31, 2024, Link Logistics serves approximately 10,000 customers and owns, has interests in, manages or has under development logistics facilities that will represent a total of 533 million square feet across key U.S. distribution markets. Established by Blackstone in 2019, Link Logistics has the scale, footprint and proprietary insights, as well as a focus on sustainability, to drive value for our customers and stakeholders

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