Project Accounting Manager
2 weeks ago
New Home Co. is a forward-thinking homebuilder dedicated to the design, construction, and sale of innovative, consumer-focused residences in key metropolitan regions across the United States. Recognized for excellence, NEW HOME has received accolades such as the 2019 Builder of the Year by Professional Builder and multiple awards for Best Overall Customer Experience.
At New Home Co., we prioritize our PEOPLE. The strength of our homes is rooted in a team of focused, energetic, visionary, and dedicated professionals. Our mission is to cultivate a workplace that empowers you to achieve your highest potential.
Position Title: Senior Project Accountant
FLSA Status: Salaried Exempt
Role Summary: The Senior Project Accountant will be responsible for preparing, reviewing, and analyzing financial statements, managing budgets, executing special projects, and collaborating with personnel across all levels of the organization.
Key Responsibilities:
- Project Accounting:
- Prepare and review general journal entries for project-related and corporate transactions.
- Allocate indirect costs to specific lots through journal entries.
- Conduct monthly and quarterly reviews of lot-level gross margins to identify variances.
- Prepare and review reconciliations for lots and record closing journal entries.
- Oversee monthly cost of sales entries and bank reconciliations.
- Compile monthly GAAP financial statements and supporting documentation.
- Generate additional financial schedules for internal and external reporting packages.
- Monitor recurring transactions such as land bank option fees and property tax payments.
- Prepare quarterly amortization schedules for prepaids and depreciation for fixed assets.
- Facilitate monthly loan draws in collaboration with the operations team.
- Assist in the preparation and review of monthly construction draws.
- Support management during internal and external audits.
- Develop expertise in the equity structures of joint ventures and assist with capital calls or distributions.
- Provide ad hoc reporting as required.
- General Accounting:
- Assist with general accounting functions for New Home Co. and its subsidiaries.
Qualifications:
Education:
- Bachelor's Degree in Accounting or Finance is required.
Experience:
- Preferred experience in financial statement preparation.
- Strong understanding of GAAP principles.
- Minimum of 5 years of accounting experience.
- Experience in the real estate sector is preferred but not mandatory.
Skills:
- Ability to manage multiple tasks in a dynamic environment.
- Exceptional written and verbal communication skills.
- Strong analytical and problem-solving abilities.
- Detail-oriented with excellent organizational skills and the ability to work independently.
- Intermediate to advanced proficiency in MS Word and MS Excel.
Compensation: The anticipated base salary for this role ranges from $85,000 to $100,000 annually, based on experience and skillset. This position is also eligible for an annual performance-based bonus.
Benefits: In addition to competitive medical, dental, and vision plans, New Home Co. offers a comprehensive benefits package, including generous paid time off, disability leave, life insurance options, a 401(k) retirement plan with employer matching, and a wellness incentive program.
The physical demands and work environment characteristics described are representative of those that must be met by an employee to successfully perform the essential functions of this role. Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.
Physical Activities:
- Bending
- Lifting: 1 to 15 lbs
- Reaching
- Seeing: Full Color Vision
- Hearing
- Repetitive Motion (e.g., Gripping)
- Typing
- Talking
Environmental Factors:
- Normal Office Environment
Noise Level: Low to Moderate (Corporate/Sales Office Environment)
New Home Co. reserves the right to modify job duties as necessary.
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