Senior Project Accountant

24 Seven - Newport Beach, CA

Full-time - Mid Level

Onsite - Newport Beach, CA

Administrative and Support Services

About the position

The Senior Project Accountant will oversee all job cost accounting for construction projects within a commercial real estate investment and development company. This role involves managing project start-up and close-out processes, contract administration, and financial oversight of subcontractor and vendor relations. The position requires a detail-oriented individual with experience in commercial, multi-family, or residential construction accounting.

Responsibilities

• Administration of all construction invoicing including collection, obtaining approvals, payment, and entering into accounting system (Yardi)
• Process and track monthly pay applications from general contractors
• Oversight of all financial matters for general contractor, subcontractor, and consultant contracts
• Manage internal contract tracking report to ensure the accuracy of invoices and monitor open contract amounts
• Implementation of a robust and efficient job costing system, including job cost codes
• Work with consultants and subcontractors in troubleshooting general invoice and contract-related issues
• Provide monthly job cost reporting with budget comparison for the leadership team and partner review
• Ensure all general contractors and subcontractors are in compliance with insurance requirements
• Initiate and monitor the process for collecting contractor lien waivers
• Respond to general internal requests for information and analysis of various construction job cost matters
• Support in preparing funding requests for monthly loan draws and partner contributions
• Support in preparing periodic construction-related reporting packages for Company leadership, partners, lenders, and government agencies
• Point person in responding to construction accounting-related questions from outside partners, lenders, and 3rd party accounting firms
• Develop and maintain positive relations with all subcontractors and project managers

Requirements

• Advanced knowledge of Microsoft Excel and systems such as Yardi, MRI, Timberline, Sage, etc.
• Thorough knowledge of accounting principles and procedures
• Familiarity with AIA documents G702 and G703 a plus
• Experience with creating financial statements and overseeing budgets
• Bachelor's degree; Degree in accounting or finance preferred but not required
• 5-7 years of project accounting experience with a commercial, multi-family, or residential developer or construction company
• CPA a plus, but not required

Benefits

• Health insurance
• 401k
• Paid holidays
• Professional development opportunities