Staff Accountant

Job Description

Staff Accountant | Lotus Company

The Tone:
This is a full-time, in-office Staff Accountant role at Lotus Company, located in downtown Salt Lake City, UT. Lotus Company is a full-service builder, developer, owner, and operator, actively cultivating sanctuaries of hope across the nation with over $1 billion in projects. They create neighborhood communities and gathering places, driven by the belief that housing is sacred ground and foundational for human potential. This role is crucial, providing comprehensive accounting and financial support across multiple entities, ensuring the financial integrity and compliance necessary to advance Lotus Company’s mission to restore dignity, renew hope, and create flourishing environments.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person, Salt Lake City, UT

• Mission: To provide comprehensive accounting and financial support across multiple entities, with a focus on asset accounting, reconciliation, and process improvement to ensure accurate budgeting, financial reporting, compliance with accounting standards, and cross-functional collaboration.
• Tech Stack: Yardi, Intacct, Procore, Excel

What You’ll Actually Do
• Financial Reporting & Close: Prepare and analyze monthly, quarterly, and annual financial statements in accordance with GAAP and company policies, and manage month-end and year-end close processes, including reconciliations and 1099 preparation.
• Construction Accounting Management: Oversee core construction accounting functions, including job costing, project cost tracking, and comprehensive progress reporting.
• Construction Draw & Payment Processing: Prepare and review monthly construction draws (G702/G703) and supporting documentation, coordinating subcontractor payments, joint checks, and lien waivers to ensure proper approvals and compliance.
• Budgeting & Financial Analysis: Assist with project budgets, cost estimates, and cash flow projections, while providing essential financial reporting and analysis to leadership.
• System Compliance & Collaboration: Ensure accurate coding and recording of project costs across various accounting systems, and actively collaborate with project managers, development teams, auditors, lenders, and insurance providers to supply required documentation.

The Must-Haves
• Background: Bachelor’s degree in accounting; Entry-Level career experience.
• Experience: Minimum of 0–2 years of accounting experience, with proficiency in Yardi Voyager preferred.
• Skills: Proficiency with accounting software and advanced Excel; understanding of GAAP and financial reporting; analytical mindset; high attention to detail; strong organizational skills; effective communication skills; collaborative team-oriented approach; experience within accounting systems and troubleshooting accounting platform issues.
• Bonus: CPA, CMA, or progress toward certification preferred.