Construction Accountant

The Construction Accountant is responsible for all accounting activities related to residential and commercial renovation and development projects. This role includes construction loan requisitions job costing AIA billing construction draw preparation and reconciliation budget tracking subcontractor payment processing and preparation of quarterly and annual financial reports and work papers in accordance with GAAP and IFRS. This is a hands-on individual contributor role responsible for ensuring all construction-related financial activity is accurately recorded reconciled and reported.

Construction Accounting

Manage the full cycle job costing across all active construction projects including cost coding budget allocation and variance tracking

Prepare and process AIA billing documentation (G702/G703) for development projects

Prepare construction draw packages for lender submission including supporting schedules invoices and lien waivers

Reconcile construction draws against project budgets loan advances and general ledger entries

Track and reconcile retention payable and receivable across active projects

Process subcontractor and vendor payments including verification of insurance lien waivers and contract compliance

Maintain budget-to-actual reporting at the project level and identify cost variances

Partner with internal teams to monitor redevelopment and new project progress

Support the timely capitalization and placement into service of completed projects

General Ledger & Financial Reporting

Liaison with Property Accounting Team to facilitate construction-related journal entries including accruals reclassifications and intercompany entries

Support monthly and quarterly close processes for entities with construction activities

Ensure all transactions are recorded in accordance with company accounting policies procedures and close timelines

Prepare recurring and ad hoc reports related to project and capital activity

Assist with accounting support for acquisitions dispositions leasing activity and quarterly close processes

Systems & Process Support

Work within Yardi Job Cost and Construction Manager to maintain accurate project cost coding and reporting

Support construction draw processing SOPs and continuous workflow improvements

Assist with system clean-up data validation and maintenance of construction-related accounts

Identify opportunities to improve accounting processes workflows and reporting efficiency

Collaboration & Communication

Serve as a key accounting contact for construction and development-related inquiries

Coordinate with project managers development teams lenders contractors and internal stakeholders

Communicate proactively regarding cost overruns draw discrepancies and process gaps

Escalate unusual transactions or accounting issues appropriately

Contribute to broader portfolio-wide capital initiative oversight efforts

Support special projects assigned by management

Success is measured by draw accuracy general ledger integrity close timeliness and proactive communication regarding project cost variances

This role is intended to be a long-term position supporting the continued growth of the construction and development pipeline

Qualifications :

5 years of accounting experience including 24 years in construction accounting (real estate

development or general contractor environment preferred)

Hands-on experience with AIA billing (G702/G703) construction draw processing and job costing

Familiarity with retention tracking lien waiver processing and subcontractor payment workflows

Experience in a multi-entity or multi-project environment preferred

Strong attention to detail organization and execution

Ability to work independently while collaborating closely with accounting leadership

ERP experience required; Yardi Job Cost and Construction Manager strongly preferred

Experience with Sage 300 CRE Procore or NetSuite is a plus

CPA 

Additional Information :

Why you should join Morguard

At Morguard our employees are our greatest investment. We make people our priority and strive to create a culture of respect health and safety and equal opportunity to support employees to meet their goals.

When you join Morguard you join a strong and committed team and will have access to:

• Employer Provided Medical Insurance Options
• Excellent culture that supports a work-life balance with time off for Summer Hours Vacation Personal Sick Leave and Paid Holidays
• Education Reimbursement Program
• Dollar for dollar matching 401k Savings Plan with immediate vesting
• Opportunity to live onsite within portfolio with our Employee Discount

All job offers are subject to a pre-employment drug test and criminal/credit background check.

*Morguard is an equal opportunity employer

This job description is intended to describe the nature and level of work being performed by individuals assigned to this position. It is not an exhaustive list of all responsibilities required of the job. Job descriptions may also be rewritten periodically to reflect any changes in the positions duties.

Morguard is an equal opportunity employer. We are committed to equal employment opportunity regardless of race color ancestry religion sex national origin sexual orientation age citizenship marital status disability gender identity or Veteran status. 

Fair Chance Initiative:

Morguard is a Fair Chance employer. Except for a very limited number of positions you will not be asked to provide information about a conviction history unless you receive a contingent offer of employment. Morguard will make an individualized assessment of whether your conviction history has a direct or adverse relationship with the specific duties of the job and consider potential mitigating factors including but not limited to evidence and extent of rehabilitation recency of the offense(s) and age at the time of offense(s). If asked to provide information about a conviction history any convictions or court records which are exempted by a valid court order do not have to be disclosed.

Morguard participates in the E-Verify program to confirm eligibility to work in the United States. 

PRIVACY

Remote Work :

No

Employment Type :

Full-time