Lead Project Accountant

2 weeks ago

Irvine, California, United States New Home Co. Full time
Job Overview

New Home Co. is a forward-thinking homebuilder dedicated to the design, construction, and sale of innovative, consumer-oriented residences in key metropolitan regions across the United States. Recognized as the 2019 Builder of the Year by Professional Builder, we are also proud recipients of multiple awards for excellence in customer experience.

At New Home Co., we prioritize our PEOPLE. The strength of our homes is derived from a committed, dynamic, and visionary team. Our aim is to foster a work environment 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, developing budgets, executing special projects, and collaborating with various levels of personnel within the organization.

Key Responsibilities:

  • Project Accounting:
    • Prepare and review general journal entries for both project and corporate transactions.
    • Allocate indirect costs to the lot level 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.
    • Manage monthly cost of sales entries and bank reconciliations.
    • Generate monthly GAAP financial statements along with supporting schedules.
    • Provide additional financial schedules for internal and external reporting packages.
    • Oversee monthly land bank option fees, trailing costs, and other recurring transactions unique to each project.
    • Prepare quarterly amortization schedules for prepaids and depreciation for fixed assets.
    • Facilitate monthly loan draws, requiring basic knowledge of construction phases.
    • Assist in the preparation and review of monthly construction draws.
    • Support management during internal and external audits.
    • Develop a comprehensive understanding of equity structures for joint ventures and assist with capital calls or distributions.
    • Conduct ad hoc reporting as necessary.
  • 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.
  • A minimum of 5 years of accounting experience is required.
  • Experience in the real estate sector is preferred but not mandatory.

Skills:

  • Ability to manage multiple tasks in a fast-paced 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 range for this role is between $85,000 and $100,000 annually, commensurate with experience and skill set. This position is also eligible for an annual performance-based bonus.

Benefits: In addition to competitive medical, dental, and vision coverage, 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 an employee may encounter while performing the essential functions of this role. Reasonable accommodations may be made to enable individuals with disabilities to perform essential job functions.

Physical Activities:

  • Bending
  • Lifting: 1 to 15 lbs
  • Reaching
  • Seeing: Full Color Vision
  • Hearing
  • Repetitive Motion (i.e., 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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