Sr Corporate Construction Accountant
Sr Corporate Construction Accountant
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1 Vacancy
Job Description
Senior Development Accountant Multifamily Real Estate
Washington DC
$90000 $110000 Bonus
We are currently recruiting on a Senior Development/Construction Accountant for a growing Real Estate Developer based here in Washington DC. This position will be supporting the accounting and reporting for the Construction & Development division of the company handle the accounting duties for an assigned portfolio of development/predevelopment projects including capitalization reporting tracking receivables based on construction performed and report on budget to actual variances.
Job Responsibilities/Duties:
- Review books monthly for closing by reviewing the Job Cost and General Ledgers and reviewing the Financial Statements
- Responsible for all month end close procedures related major capex jobs including reconciliation to the general ledger
- Review job cost (budget and commitment) balances and follow up with managers / General contractors to ensure pay applications and invoices are received for month end closing
- Complete threeyear cashflows three to four times per year for consolidation into the company wide cashflow
- Work closely with construction management and project accounting teams to obtain compile and review monthly accrual entries as well as monthly and quarterly accounting reports
- Ensure Project Teams are complying with proper Contract Management processes and approvals for Commitments COIs and Budget Changes
- Prepare update and distribute Predevelopment reports to SVP of Development and Construction
- Prepare and present project reports and cashflows at a monthly quarterly or biannual budget meeting
- Prepare development Job cost entry and reconciliation
- Review quarterly capital call and provide changes to Corporate Accounting team
- Complete annual tax filings including Personal Property Returns and BPOLs
- Communicate with external construction management teams.
Education & Experience Qualifications:
- Bachelors degree in Accounting/Finance/Business from accredited 4year college strongly preferred
- 5 years of Real Estate Development or Construction accounting strongly preferred
- Experience in Sage Timberline Sage 300 or Yardi software is a plus.
- Must be comfortable interacting and communicating with individuals at all levels of the organization.
- Strong organizational skills and attention to detail with ability to manage multiple projects simultaneously.
- Ability to communicate clearly and concisely both orally and in writing.
Required Experience:
Senior IC
Employment Type
Full Time
