Project Accountant - Construction
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Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Company Overview
Ovation a family-owned and privately held real estate firm with a 40-year track record is a vertically integrated organization specializing in the development construction and management of residential properties. To date Ovation has developed over 40 properties comprising more than 12000 apartment units with an additional 4000 units currently in development pipeline. The firms multifamily portfolio includes 6000 Class A units 400 active adult units 2200 affordable senior units and 2000 units managed for third parties for a total of 10600 units under management. Committed to enhancing the lives of individuals families and communities Ovation continues to expand its impact one home at a time.
We are a dynamic and collaborative team dedicated to excellence and innovation. We value diversity and believe that it contributes to our success. We are committed to providing our employees with the tools resources and support they need to succeed in their roles.
Project Accountants are integral to the construction accounting process. They work under the direction of the Controller. They are the primary accounting and administrative support for a construction project from project startup through final closeout. Performs activities related to contracts schedules job cost/budget reports financials month-end journal entries draws and AIA billings for General Contractor and other duties/projects as assigned.
Primary Objectives:
As a Project Accountant you will prepare financial statements and job cost reporting for assigned projects/entities to be reviewed by management. Primarily responsible for the accounting over assigned construction & predevelopment projects including management of loan draw budgets assigning bills to specific categories and assembling the monthly draw packages. Monitor and report financial activity on predevelopment projects. Review of all construction project forms for accuracy and proper accounting. Evaluate contract documents and support documentation for agreement with contract requirements and work with Project Manager to gain any necessary approvals. Maintain change order requests to ensure accurate project budgets. Tracking contracts and construction development progress including budgets to actuals. Reconciliation of projects to general ledger investigate any discrepancies and prepare journal entries for corrections and reclassifications. Problem solving prior to any impact on the project. This position also works closely with A/P Purchasing Forwarding Planning and Project managers while always acting with integrity and being a pro-active team member. You will be expected to stay motivated work diligently meet deadlines and add value to the accounting team as well as represent the company in a professional manner at all times.
Required Qualifications:
- 4-year college degree in Accounting and/or
- A minimum of at least 2-5 years experience preferably in multifamily real estate development or construction Accounting
- Proficiency with Excel & Word
- Experience with a main-frame accounting system is required. Premier Construction Software experience is a plus!
- Ability to sit and use a computer for long periods of time
- Ability to work independently with attention to detail and a high-level of accuracy
- Positive attitude professional workmanship and appearance detail orientated and results driven
Salary:
Starting at $66K DOE
Company Benefits:
We offer competitive salaries career growth opportunities and a comprehensive benefits package including medical dental vision and a 401(k) plan with employer match.
Rent discount Employee rent discount after 90 days.
Medical Insurance 100% free option available for employee/company pays portion of dependent coverage eligible1st of the month after 60 days
Dental andVisionInsurance Employeeand dependent coverage options available eligible1st of the month after 60 days.
You will be eligible to enroll in our 401K plan on the first day of the quarter following three months of employment.
Our generous PTO package consists of 13 days of paid time off which is pro-rated in each pay period and increases with tenure (available after 90 days of employment) ten holidays and one half day annually.
***Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.***
#Li-Onsite
Key Skills
- Accounting Software
- Organizational skills
- Construction Experience
- GAAP
- QuickBooks
- Pivot tables
- Accounting
- Sage
- Account Reconciliation
- Cost Accounting Standards
- Microsoft Excel
- Contracts
About Company
We are Capstone, where new-age digital solutions make up the core of a thriving and innovative ecosystem. We believe in doing things a little bit differently because we’re not like everyone else. We’ve stripped away the noise and the jargon and made things simpler than ev ... View more
