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Construction Accountant

Industry: Real Estate

Location: Century City

Compensation: $60K – $70K + Bonus + Benefits

Contact: Ileana Chappel

National Real Estate Investment and Management firm is seeking a qualified Construction Accountant to be responsible for various aspects of the financial cycle for the Construction, Asset Management and Accounting Departments.

This newly-created position will report to the Assistant Controller on all cost-tracking aspects.

Other Responsibilities include:

• Work closely with other Departments to support projects through job-cost tracking.
• Review and approve all pay applications and vendor invoices for accuracy and completion.
• Collect and compile all sub-contractor’s lien waivers and invoices.
• Create lender required schedules and compile all necessary documentation for Lender approval draw requests.
• Evaluate and revise project budget and create balance to complete schedule reports.
• Review general ledgers to ensure capital expenditures are coded to correct line item.
• Assist in the preparation and submittal of third-party equity installments.
• Ensure all contractors/vendors are paid on a timely manner; occasionally working with title companies to ensure accurate payment processing.
• Work closely with Lenders and housing agencies to ensure appropriate compliance.
• Thorough knowledge of accounting and construction principles, construction contracts, payables and cost tracking.

Requirements include:

• 2 – 3 years of experience in Accounting, or Project Management.
• Strong Excel skills with knowledge of V-Lookups, SumIf, and PivotTables.
• Must have the ability to prioritize and handle multiple tasks.
• Working knowledge of mixed-use development including previous real estate.
• Previous construction experience is a plus.
• Ability to prioritize projects and meet deadlines.
• Flexible, ability to create useful, concise, informative analytical reports.
• Knowledge and understanding of LPA agreements a plus.
• Must have excellent analytical skills, organizational skills and communication skills.
• Independent, self-starter mentality, with strong communication and organizational skills.

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