Senior Project Accountant

Rockpoint Group/Rockhill Management•Boston, MA

1d•$110,000 - $155,000•Hybrid

About The Position

The Development and Construction (D&C) team within Rockhill is dedicated to managing ground-up development, tenant improvements, and capital expenditure projects within the Rockpoint portfolio, providing best in class expertise and value add outcomes. The D&C team is seeking a Senior Project Accountant who will manage multiple projects across various locations and serve as the primary liaison to the Vice Presidents of the D&C team.

Requirements

Bachelor’s degree in accounting, finance, or related field
5+ years of accounting experience, including 3+ years in construction or development
Proficiency with Excel and project accounting systems
Exceptional attention to detail, organizational skills, and ability to manage multiple projects simultaneously

Responsibilities

Serve as the accounting lead for all development and construction projects within the assigned portfolio
Help establish and reinforce best practices in project accounting controls, policies, and procedures to ensure draw packages submitted to project lenders align with ownership objectives
Import developers' budgets into Procore (the construction software platform) and assist the D&C VPs in preparing, reviewing, and updating project budgets, including hard costs, soft costs, and contingencies, while tracking and forecasting cash flow to ensure financial stability
Track and assist in managing budgets, commitments, invoices, and actual costs across multiple development projects
Prepare and submit lender draw requests with all required documentation (invoices, lien waivers, pay applications, schedules of values, etc.)
Review and validate contractor/vendor invoices, contracts, and change orders
Coordinate approvals with D&C VPs, contractors, and accounting teams; resolve discrepancies as needed
Track submissions through funding and reconcile draw proceeds against project budgets and accounting records
Process vendor payments promptly after funding (via check, ACH, or wire)
Maintain regular communication with lenders to ensure compliance and address inquiries
Liaise with investment deal teams to ensure cash flow projections and payment advances are scheduled, monitored, and executed as planned
Prepare monthly or quarterly financial reports and cash flow projections for development projects
Leverage and become proficient in construction accounting systems, including Procore and MRI
Work with the D&C Executive Vice President to update the Work in Progress (WIP) report bi-monthly across all projects in the D&C portfolio