Senior Project Accountant

1 month ago


Newport Beach, United States 24 Seven Full time
Our client is a full service commercial real estate investment and development company that is seeking an experienced and detail-oriented Senior Project Accountant. The candidate will be responsible for all job cost accounting for construction projects, including project start-up and close-out, contract administration, subcontractor/vendor relations, project budgeting/reporting, and construction loan draws. Candidates will need to have experience with commercial, multi-family, or residential construction with a real estate developer or construction company.

Responsibilities

• Administration of all construction invoicing including collection, obtaining approvals, payment, and entering into accounting system (Yardi)
• Process and track monthly pay applications from general contractors
• Oversight of all financial matters for general contractor, subcontractor, and consultant contracts
• Manage internal contract tracking report to ensure the accuracy of invoices and monitor open contract amounts
• Implementation of a robust and efficient job costing system, including job cost codes
• Work with consultants and subcontractors in troubleshooting general invoice and contract-related issues
• Provide monthly job cost reporting with budget comparison for the leadership team and partner review
• Ensure all general contractors and subcontractors are in compliance with insurance requirements
• Initiate and monitor the process for collecting contractor lien waivers
• Respond to general internal requests for information and analysis of various construction job cost matters
• Support in preparing funding requests for monthly loan draws and partner contributions
• Support in preparing periodic construction-related reporting packages for Company leadership, partners, lenders, and government agencies
• Point person in responding to construction accounting-related questions from outside partners, lenders, and 3rd party accounting firms
• Develop and maintain positive relations with all subcontractors and project managers

Qualifications and Skills

• Advanced knowledge of Microsoft Excel and systems such as Yardi, MRI, Timberline, Sage, etc.
• Thorough knowledge of accounting principles and procedures
• Familiarity with AIA documents G702 and G703 a plus
• Experience with creating financial statements and overseeing budgets

Education and Experience

• Bachelor's degree; Degree in accounting or finance preferred but not required
• 5-7 years of project accounting experience with a commercial, multi-family, or residential developer or construction company
• CPA a plus, but not required

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