Job Posting for Construction Project Accountant at Trandon Associates, Inc
Job Description
Job Description
Real Estate Investment and Development company based in Manhattan is seeking a Construction Project Accountant to join their team.!
QUALIFICATIONS INCLUDE:
5 years Project Accounting experience
Experience working for an Owner/Real Estate Developer
Yardi experience
Experience with Job Costing, Budgeting
Expereince preparing draw schedules, draw packages, for review by management
Experience with reconciliations of entries and schedules for audit and reporting purposes.
RESPONSIBILITIES:
Review of proper coding and input of accounts payable for each project, ensuring that fiscal policies and procedures are followed. Be familiar with accounts utilized to provide adequate basis for proper coding of invoices and bring any deficiencies to the attention of the proper personnel.
Familiarize themselves with the roles and responsibilities of the various vendors retained on each project in order to properly analyze and attribute cost information.
Prepare monthly project reporting packages for each project which will include accounts payable, anticipated cost report, invoice approval tracking, contingency and change order tracking, sources and uses tracking, contracts and commitment tracking, and other project financial information.
Work closing with the Senior Project Manager(s) to ensure that the construction budget and actual expenditures information and progress billings are accurate and up to date.
Work closely with the Senior Project Manager(s) in co-ordination with third parties (construction lenders), (equity investors), to ensure efficient and timely funding of progress payments to sub-contractors and vendors.
Prepare draw schedules, draw packages, for review by management. Provide reconciliations of entries and schedules for audit and reporting purposes.
Ensure all required documents have been gathered from all consultants, subcontractors, vendors, utilities, etc. prior to funding submissions
Ensure accuracy of Job Cost Reports, including ACR and Contract Detail Report.
Flag discrepancies between Sub Contractor’s pending change orders vs ACR pending change orders to assure accurate reporting of anticipated costs.
Reconcile the draw requests to GL including Project Costs to date on a monthly basis
Attend bank walk-throughs and follow-up as required to ensure subsequent modifications to the draw request are properly enacted.
Enter into the Job Cost System the Contracts, Purchase Orders and Change Orders
Prepare and obtain all lien waivers, both conditional and unconditional Waivers of Lien and ensure they are in hand prior to release of payments
Ensure that Certificates of Insurance are in-hand, and are current prior to release of payments
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