Job Description

Our client, an established and growing real estate development company, has an immediate opportunity for a Construction Project Accountant to join their team! Reporting to the Controller, this position will be responsible for producing accurate and timely accounting and financial reporting for a portfolio of real estate development projects, while also working closely with the Construction Team and lenders for monthly construction draws. Our client offers a hybrid work arrangement, 4 days in office and 1 day from home.
Benefits of working for our client:

• Exciting opportunity to join an established and growing company
• Competitive compensation and benefits
• Professional growth and development

This is an exciting opportunity to become part of dynamic and growing company in the local area! Interested and qualified candidates, please apply today or email Antonia directly quoting job #6697. We would like to thank all applicants however only those under consideration will be contacted.
Responsibilities:

• Accurately execute full-cycle month-end close process for multiple development projects
• Conduct project accounting activities such as reviewing project related vendor expenses, project percentage completion and WIP
• Responding to information requests from Construction Managers
• Maintain strict payment draw schedule ensuring all draws are prepared and reviewed according to the standard process
• Prepare monthly financing draw packages for submission to the lenders / lenders? cost consultants
• Prepare Cash Reconciliation between draw funds received and funds to be sent to vendors
• Guide Project Managers to ensure coding accuracy and in accordance with budgets
• Support the processing of vendor invoices and purchase orders, as well as coordinating with AP and Construction Managers for payment of invoices.
• Analyze project costs and ensure their accuracy and validity
• Monitor monthly activity and maintain a strong understanding of project status
• Additional duties as required

Qualifications:

• Candidates must possess a minimum of 5 years of experience as a Project Accountant in the construction/real estate development industry
• Solid understanding of construction draw process with banks/lenders is required
• Excellent written and verbal communication skills as well as strong organizational skills are required for success in this role
• This position is ideal for candidates who thrive in a fast-paced environment
• Proficiency with MS Excel is required
• Hands on experience with Acumatica and Yardi is an asset
• This is a hybrid position, working 4 days in the office and 1 from home

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Skills Required