Senior Project Accountant

Buckingham Companies•Indianapolis, IN

About The Position

The Senior Project Accountant is responsible for the construction draw process for multiple construction projects, with a heavy emphasis on multifamily housing projects. This includes reviewing contractor draw information, preparing and submitting draws to banks, coordinating funding, and processing contractor payments. The role also handles construction draw accounting, fixed-asset reconciliation and project closing entries, coordination with property staff accountants, monthly owner reporting, audit preparation, and related accounting and file-maintenance duties.

Requirements

  • At least 5 years of accounting experience.
  • Good oral and written communication skills.
  • Ability to develop spreadsheets in Excel.
  • At least 2 years of experience with construction-related accounting software.
  • At least 2 years of experience with standard CSI code classification and AIA standard forms.

Nice To Haves

  • Prior construction accounting experience preferred.
  • A four-year accounting degree preferred.
  • Experience with Viewpoint Vista preferred.

Responsibilities

  • Prepare monthly general contractor and development draws for submission to the appropriate lender, reviewing pay applications and material invoices to ensure payments correspond to work completed.
  • Coordinate funding of development draws with lenders and ensure required bank documentation—including affidavits, waivers, insurance certificates, contracts, and invoices—is submitted properly.
  • Record construction draw cash activity using appropriate general ledger entries.
  • Review draw requirements with the Project Manager before the draw process begins.
  • Prepare fixed-asset reconciliations and closing entries after project completion, and coordinate closing with the appropriate property staff accountant.
  • Communicate draw cash requirements, including overages and shortages, to the Controller.
  • Assist with year-end audit preparations.
  • Provide certificates of insurance to owners as requested.
  • Maintain vendor, customer, and job files.
  • Record cash receipts.
  • Process accounts payable check runs.
  • Perform other duties as assigned by the supervisor.
  • Process monthly reporting to owners.
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