Our client a private investment and management firm is looking to add an experienced Senior Project Accountant will be responsible for the accounting, tracking, and reporting of all construction-related projects.
The firm’s current real estate investment strategy focuses on developing and investing in commercial income properties, multi-family, student housing, and luxury homes, and land entitlement.
This position reports to the VP, Controller.
Project Accounting o Prepare Construction/Development Project Cost Control & Reporting Package.o Review monthly construction pay applications (702/703) and supporting documents.o Prepare and maintain construction loan draws.o Reconcile job costs report to CIP GL accounts.o Monitor percentage of completion, contingency, and retention.o Track preliminary notices, conditional waivers, certificates of insurance, etc.o Record project invoices by job, cost category, and draw number.Corporate Accounting o Assist in managing the timeliness of Financial Statements, Bank Reconciliations, and all other monthly reporting/closing procedures.o Prepare and analyze the financial statements, general ledger, subsidiary ledgers, and budgets.o Reviews and reconciles accounts payable, accounts receivable and maintain a schedule of all balance sheet accounts.o Reconcile, verify and validate all entries and postings to balance sheet and income statement accounts.o Perform daily activities such as receive checks, post receipts, prepare deposits and bank reconciliations.o Assist in managing working capital, including weekly cash report updates, and initiating and recording transfers/wires.o Contributes to the development of accounting procedures and strategies to improve efforts, record keeping and account management including exploring new tools and software.o Reviews budget comparison for accuracy and performs re‐class and accruals as needed.o Prepare monthly bank account reconciliations for assigned portfolio.o Reconcile vendor accounts and ensure payments are up to date.o Prepare analysis of accounts, such as expense distribution, AP aging, check register and other required reports during month end.o Assists with monthly actual to budget variance analysis.o Assists with internal and external audits.o Assists with annual budget preparations.Recommended Requirements: Bachelor Degree in Accounting, Economics or Finance and at least 5 years of experience within an accounting environment.4‐10 years’ experience working in accounting department preparing financials.Proficient with Microsoft Excel and Word.Experience in Yardi Voyager a plus and/or other Major ERP.For immediate consideration please email resume to: