Senior Project Accountant

The Senior Project Accountant shall be responsible for construction draw process for multiple construction projects with heavy emphasis on multi-family housing projects. The draw process includes reviewing draw information from contractors, processing draw for submission to the banks, and processing payment to the contractors. Prepare fixed asset reconciliation and closing entries after the completion of the project and coordinate the closing with the property staff accountant. Processing monthly reporting to owners.

Training/Education

• 5 plus years of accounting experience, prior construction accounting experience preferred
• 4-year accounting degree preferred
• Good oral and written communication skills

Experience/Skills

• Ability to develop spreadsheets in Excel
• Minimum 2-Years’ Experience with construction related accounting software, Viewpoint Vista preferred.
• Minimum 2-Years’ Experience with standard CSI code classification and AIA Standard forms

• Prepare monthly general contractor and development draws to be submitted to the appropriate lender for funding. This will consist of reviewing all pay applications and material invoices to ensure payments are processed in accordance with work completed.
• Coordinate the funding of all development draws with each lender. Ensure that all bank draw requirements and documentation (affidavit, waivers, insurance cert, contracts, invoices) are submitted properly.
• Record all construction draw activity (cash) with the appropriate general ledger entries.
• Review all draw requirements with the Project Manager prior to the beginning of the draw process.
• Prepare fixed asset reconciliation and closing entries after completion of the project and coordinate the closing with the appropriate property staff accountant.
• Communicate all draw cash requirements (overages / shortages) with 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 A/P check runs;
• Other duties as assigned by supervisor

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