Project Accountant

L & M DEVELOPMENT PARTNERS LLC
Larchmont, NY Full Time
POSTED ON 7/8/2023 CLOSED ON 12/26/2023

What are the responsibilities and job description for the Project Accountant position at L & M DEVELOPMENT PARTNERS LLC?

L M Development Partners (LMDP), an established affordable, mixed-income and market rate residential developer, builder, and property management company, has an excellent opportunity for a Project Accountant.

Areas of Responsibilities:

  • Contracts: Acquire and review all development contracts and construction subcontracts, including all supporting information.
  • Contracts: Enter and / or review contract detail in Sage 300 / Timberline and / or Procore.
  • Contracts: Monitor commitments and review with Project Managers.
  • Billing: Interact with Project Managers to acquire information to generate all monthly construction billings to developers.
  • Billing: Enter data, print, and review monthly AIA billings.
  • A/P: Data entry, review, and payment of subcontractor requisitions and other construction and development invoices using
  • Timberscan and Sage 300 / Timberline for major ground-up construction and preservation projects.
  • A/P: Code invoices for vendor ID, job number, commitment, et. al. and match invoices to each contract or subcontract and attach related supporting documentation.
  • A/P: Review insurance certificates to ensure contract compliance.
  • Bank loan draws: Prepare monthly loan draw packages for bank.
  • Accounting: Reconcile vendor records with ours, including loan balances.
  • Accounting: Post entries as well as perform various ad hoc projects.
  • Interact with construction and development Project Managers, in-house insurance group, and vendors to answer questions and resolve any discrepancies and / or issues.

Job Requirements:

  • Timberscan and Sage 300/Timberline experience preferred.
  • High level of attention to detail and accuracy.
  • Good communication and interpersonal skills.
  • Excellent problem solving / judgment skills.
  • Strong organizational skills and the ability to work under pressure.
  • Ability to handle and prioritize multiple tasks and meet all deadlines.
  • Proficiency in all MS Office programs including Excel
  • Construction experience preferred.

Education Requirements:

  • Bachelor’s Degree in Business Administration/Accounting preferred.

Years of Industry Experience Required:

  • Minimum 4 years related experience.


At L M Development Partners, working together to build stronger communities is our mission. Our double bottom line philosophy means that we measure success not only in financial returns but also by the positive impacts we make in the communities we serve.

Founded in 1984, L M is a full-service real estate development firm which develops, invests, constructs and manages properties with industry-leading innovation. Ranked in the Top 25 on Affordable Housing Finance’s Top 50 Developers list nationally, L M and its affiliate companies are responsible for over $10 billion in development and investment and have acquired, built, or preserved nearly 40,000 high-quality residential units in a variety of urban markets nationwide, primarily in New York’s tristate area.

Please visit our website for more information: http://lmdevpartners.com. To learn more about our mission and values, go to https://lmdevpartners.com/our-mission-values/.

L M offers competitive compensation and benefits and tremendous potential with a growing residential real estate developer/builder organization.

L M is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

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