Development Accountant

Woodlands, Texas.

What You Will Do

• Review, analyze, and process invoices and pay applications in a timely and accurate manner.

• Prepare and post journal entries, including accruals, ensuring proper coding and documentation.

• Produce and review monthly job cost reports and development spending reports.

• Monitor and communicate project budgets, actual costs, and variances to project managers and senior leadership.

• Read, interpret, and analyze lease agreements to ensure accurate accounting treatment of tenant-related costs and obligations.

• Ensure compliance with U.S. GAAP and adherence to SOX controls in all accounting processes.

• Ensure capitalized costs for predevelopment, development, capital projects, tenant improvements, and leasing are recorded in compliance with the Company's Capitalization Policy.

• Verify that project budgets, executed contract amounts, and commitments are not exceeded.

• Assist with annual budgeting and periodic forecasting processes.

• Investigate and resolve discrepancies, ensuring accurate and timely financial reporting.

• Support special projects and perform additional duties as assigned.

ABOUT YOU

Each employee brings a unique blend of expertise and experience to their role, with the opportunity to continuously grow and make a meaningful impact. To thrive in this position, employees need the following background.

Skills & Experience

• Bachelor's degree in Accounting required; CPA preferred.

• Minimum 2 years of related experience in project or construction accounting; real estate development experience preferred but not required.

• Solid knowledge of U.S. GAAP and project cost accounting principles.

• Advanced proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook).

• Strong analytical, problem-solving, organizational, and communication skills with the ability to meet deadlines and adapt to changing priorities.

• Experience with process improvement initiatives and a willingness to embrace new technologies, including AI-driven tools.

• Collaborative mindset with the ability to work effectively with cross-functional teams.

ABOUT OUR CULTURE

We believe in celebrating unique ideas and embracing different points of view. We strive to source, engage, and retain diverse and talented people. We invest in our people through continuous learning opportunities and nurture the exchange of ideas. We cultivate a culture of belonging because better people make better companies, and better companies build better communities.

Personal Characteristics

• Strong communicator and collaborator.

• Critical thinker and problem-solver.

• Customer-focused with a passion for the employee experience.

• Self-starter with a proactive mindset.

• Flexible, highly organized, and detail-oriented.

Competencies

• Builds networks

• Courage

• Curiosity

• Growth mindset

• Inclusive

• Business insight

• Communicates effectively

• Resourcefulness

ABOUT OUR COMPANY

The Howard Hughes name is synonymous with an unrelenting passion for excellence. While his achievements in aviation and on the silver screen are legendary, it was his investments in real estate that form the foundation of our company. With passion, determination, and limitless imagination, he built one of the great American empires of the 20th century.

Benefits Built for You

At our company, we offer competitive, market-based compensation that rewards performance and supports career growth.

Our comprehensive benefits package designed to support employees at every stage of their career, is focused on holistic wellness - social, emotional, financial, and physical.

• Competitive 401k plan

• Premium medical, dental, and vision coverage

• Voluntary benefits for unexpected life events

• Generous PTO policy

• Student loan assistance and stipends to assist with lifelong learning

Howard Hughes

Today, our company carries forward the collective legacy of four innovative placemakers-James Rouse, George Mitchell, Victoria Ward, and Howard Hughes-who transformed the idea of what a community can be, envisioning a self-sustaining ecosystem that prizes inclusion, conservation, and innovation and fosters a strong social fabric to improve the lives of all residents, consumers, and tenants. Dedicated to innovative placemaking, Howard Hughes owns, manages, and develops award-winning large-scale master planned communities and mixed-use developments including: The Merriweather District® in Columbia, Maryland; The Woodlands®, The Woodlands Hills®, and Bridgeland® in the Greater Houston, Texas area; Summerlin® in Las Vegas; Teravalis™ in the Phoenix West Valley; and Ward Village® in Honolulu, Hawai'i.

This job description is not meant to be an "all-inclusive" list of the duties and responsibilities of this job. Other related duties and responsibilities may be assigned. Howard Hughes reserves the right to change or modify job duties as necessary based on business necessity.

NOTICE TO THIRD PARTY AGENCIES

Please note that Howard Hughes does not accept unsolicited resumes from recruiters or employment agencies. In the absence of a signed Recruitment Fee Agreement, HHH will not consider or agree to payment of any referral compensation or recruiter fee. In the event a recruiter or agency submits a resume or candidate without a previously signed agreement, HHH explicitly reserves the right to pursue and hire those candidate(s) without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Howard Hughes.