What are the responsibilities and job description for the Accounting Manager position at FTS, Inc.?
Position Overview
The Accounting Manager will serve as the lead accounting and finance professional for a portfolio of residential land development projects. This individual will oversee accounting activities across multiple single-purpose entities (SPEs), manage relationships with lenders and third-party accounting providers, and ensure the accuracy and timeliness of financial reporting.
The ideal candidate will have experience in residential construction, homebuilding, land development, or a similarly inventory-driven industry such as manufacturing. Success in this role requires someone who is highly organized, self-directed, detail-oriented, and comfortable operating in a hands-on environment.
Key Responsibilities
Financial & Accounting Management
- Oversee accounting and financial reporting for approximately 10 single-purpose entities (SPEs), each tied to a specific residential development project.
- Review monthly financial statements prepared by outsourced accounting partners and ensure accuracy, completeness, and timely close processes.
- Manage general ledger activity, account reconciliations, inventory accounting, accruals, and project cost tracking.
- Coordinate closely with external CPA firms and accounting service providers to support financial reporting and audits.
- Ensure proper accounting treatment for land development costs, inventory, lot sales, construction costs, and project profitability.
Construction Loan & Lender Administration
- Serve as the primary point of contact for banking and lending relationships.
- Manage construction and development loan reporting requirements across multiple projects.
- Coordinate loan draws, lender deliverables, progress reports, covenant reporting, and borrowing base documentation.
- Monitor project financing activities, loan balances, and compliance requirements.
Operational Support
- Partner directly with ownership on financial planning, project performance, and strategic initiatives.
- Evaluate current accounting processes and recommend operational improvements.
- Help determine the long-term accounting structure, including potential future in-house accounting hires.
- Assist with implementation and optimization of accounting systems and reporting tools.
- Support project teams with financial information related to ongoing development and homebuilding activities.
Qualifications
Required
- Bachelor's Degree in Accounting, Finance, or related field.
- 5 years of accounting experience.
- Strong understanding of general ledger accounting, financial statements, and reconciliations.
- Experience managing multiple entities or business units.
- Proficiency with QuickBooks and advanced Excel skills.
- Strong communication skills and ability to interact directly with lenders, CPAs, ownership, and external partners.
- Self-starter mentality with the ability to work independently and manage priorities without significant oversight.
Preferred
- Accounting experience within:
- Residential construction
- Homebuilding
- Land development
- Real estate development
- Manufacturing or inventory-based industries
- Experience with construction loans, loan draws, lender reporting, and project accounting.
- CPA designation or CPA-track experience.
- Experience working with outsourced accounting providers.
- Experience with Sage, SharePoint, or project accounting software.
Salary : $95,000 - $110,000