Project Accountant
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Job Location:
Salt Lake, UT - USA
Monthly Salary:
Not Disclosed
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
At Property Reserve our people values and work come together to build something greater. Property Reserve is the real estate investment arm of the reserve funds for The Church of Jesus Christ of Latter-day the spirit of time-tested self-reliance principles Property Reserve creates sustainable cashflow for future needs.
As caretakers of sacred funds we invest in income-generating properties and land to support the Churchs mission. Our focus is on the acquisition build-to-hold development and portfolio level management of office industrial multi-family build-to-rent hospitality and retail properties.
Property Reserve provides a diverse range of investment experiences interacting with a seasoned leadership team. Working in a highly collaborative environment each Property Reserve team member has the chance to contribute meaningfully and frequently to the company culture. Headquartered in downtown Salt Lake City we offer a locale with a unique blend of world-class outdoor recreation a thriving culture & arts scene and diverse housing options with convenient commutes.
Responsibilities
- Be thoroughly familiar with the project plan for assigned asset projects and monitor detailed project activities toward successful completion of project objectives.
- Attend project coordination meetings to support project managers in identifying and resolving potential operational and financial issues in advance.
- Gain a thorough understanding of contractual provisions of assigned construction design and consulting contracts and build shared understanding with contractors of Property Reserves contract administration practices both at contract inception and as new issues arise throughout the project.
- Monitor compliance with contractual provisions to ensure expected benefits and deliverables are received by the Company.
- Perform project accounting and ensure costs are accurately reflected in project management/costing systems. This includes creation and closeout of projects setup and closeout of contracts recording of costs using the appropriate cost categories etc
- Review cost support provided with contract pay requests for compliance with contracts accuracy of billing and presence of any unallowable costs.
- Work with internal project managers and external contractors and consultants to resolve issues in which unallowable costs have been billed.
- Review cost support provided with proposed contract change orders for completeness accuracy and compliance with contractual terms.
- Maintain well-organized project cost and other contract compliance documentation.
- Assist in monitoring the cost forecast of assigned projects versus the approved project budget and identifying risks of potential overruns as early as possible for corrective action. Create and distribute reports to project managers and work with them to ensure timely action is taken.
- Perform general ledger account reconciliations for contractor retention accounts work-in-process and other accounts as assigned.
Qualifications
- Member of the Church of Jesus Christ of Latter-day Saints and currently temple worthy.
- Bachelors degree in accounting or finance. CMA CPA or MBA preferred.
- 5 years of professional finance experience with a significant portion in a relevant construction project or development accounting role.
- Substantial knowledge of construction industry and project accounting
- Ability to prioritize assignments to meet numerous deadlines.
- Excellent analytical quantitative and problem-solving skills.
- Ability to work effectively and build strong relationships with project managers and general contractors project management and accounting personnel.
- Accuracy and attention to detail fastidious.
- Experience with Yardi Voyager project management/costing software or similar system.
- Significant expertise with Microsoft Excel and Word.
- Strong ethical background to ensure the highest level of fairness and integrity in the position and in dealings with outside contractors and other external parties.
(PR/IP)
Key Skills
- Accounting Software
- Organizational skills
- Construction Experience
- GAAP
- QuickBooks
- Pivot tables
- Accounting
- Sage
- Account Reconciliation
- Cost Accounting Standards
- Microsoft Excel
- Contracts
About Company
Church employees find joy and satisfaction in using their unique talents and abilities to further the Lord’s work. From the IT professional who develops an app that sends the gospel message worldwide, to the facilities manager who maintains our buildings— giving Church members places ... View more
