Senior Project Accountant

1 month ago

Irvine, United States New Home Co. Full time
Job DescriptionJob Description

New Home Co. is a new generation homebuilder focused on the design, construction and sale of innovative and consumer-driven homes in major metropolitan areas in Arizona, California, Colorado, Oregon, Texas, and Washington. NEW HOME was named 2019 Builder of the Year by Professional Builder and is a multi-year recipient of "The Eliant" for Best Overall Customer Experience in the multi-divisional builder segment.

At New Home Co., we believe that PEOPLE matter. The strength of our homes is built upon a foundation of focused, energized, visionary and dedicated team members. Our goal is to provide a workplace that supports you in doing the best work of your life. 

Check out NWHM's 2023 Corporate Sustainability Report 

Job Title: Senior Project Accountant

FLSA Status: Salaried Exempt                                 

Position Summary:  Prepare, review and analyze financial statements, prepare budgets, complete special projects, and interact with all levels of company personnel.

Job Duties:
Project Accounting:

  • Preparation and review of general journal entries for projects and corporate transactions
  • Preparation and review of journal entries to allocate indirect costs to the lot  level. 
  • Review lot level gross margins on a monthly/quarterly basis and identify variances.
  • Prepare and review lot reconciliations and record lot closing journal entries
  • Preparation and/or review of monthly cost of sales entries
  • Preparation and/or review of monthly bank reconciliations
  • Preparation of monthly GAAP financial statements and supporting schedules
  • Provide additional financial schedules for monthly financial reporting packages (internal and external)
  • Monitor monthly land bank option fees, trailing costs, participation fees, master marketing fees, and other recurring monthly transactions unique to each project. Additionally manage other recurring payments such as insurance premiums, special check requests, and property tax payments.
  • Preparation of quarterly prepaids amortization and fixed assets depreciation schedules
  • Prepare and submit monthly loan draws (requires basic knowledge of construction phases as well as interaction with operation team)
  • Assist in the preparation and review of monthly fee building construction draws.
  • Assist management with internal/external audit support.
  • Develop expertise of equity structure of individual joint ventures; assist in monthly capital calls or distributions and monitor progression on financial benchmarks
  • Ad Hoc reporting, as needed
General Accounting:
  • The candidate will possess the desire to assist with general accounting functions of The New Home Company and its subsidiaries. 

Position Qualifications

Education

  • Bachelor’s Degree in Accounting or Finance required

Credentials/Certifications

  • N/A

Experience

  • Prior financial statement experience preferred
  • Strong GAAP experience
  • 5 or more years of accounting experience
  • Prior experience in real estate industry preferred but not required

Skills

  • Ability to handle multiple tasks in a fast-paced environment
  • Excellent written and verbal communication skills
  • Excellent analytical and problem solving skills
  • Detail-oriented with strong organizational skills, ability to work independently
  • Intermediate to advanced computer literacy, including MS Word and MS Excel 

Base Salary: The expected base salary range for this position is between $85,000 to $100,000 per year, depending on experience and skillset. Base Salary is paid bi-weekly, every other Friday. Additionally, this position is eligible for an annual bonus based on divisional and individual performance.

Benefits: In addition to competitive medical, dental and vision coverage, The New Home Company provides comprehensive benefits to eligible team members and their dependents, generous paid time off policies, like vacation, holidays, sick leave, jury duty, and bereavement; paid disability, parental and military leave; company-sponsored and voluntary term life, AD&D, and short- and long-term disability insurances; a 401(k) retirement plan with bi-weekly employer matching of 50% up to the first 8% of team member contributions; as well as a wellness incentive program.

The physical demands described below are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Similarly, the work environment characteristics described are representative of those an employee encounters while performing the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Physical Activities

The activities that are essential to performing the position duties include:

  •  Bending
  •  Lifting: From 1 (lbs) to 15 (lbs)
  •  Reaching
  •  Seeing: Full Color Vision
  •  Hearing
  •  Repetitive Motion (i.e. Gripping)
  •  Typing
  •  Talking 

Environmental Factors

The environmental factors involved with the job duties and work location include:

  • Normal Office

Normal Office

Noise Level: Low to Moderate (Corporate/Sales Office Environment)

New Home Co. retains the discretion to add or change job duties at any time.

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