In this position, you will report directly to the Senior Accounting Manager and company Executives, work closely with the entire development team, including project managers and the field construction team to manage, process, review, and track financials for multiple projects.
Responsibilities include preparation and review of monthly bank requisitions and coordination with internal construction team and lenders. Process funding requests and draws requests for projects with construction loans. Ensure complete and timely loan draws are prepared, and vendors are paid in a timely manner. Provide construction team oversight to approve buyout of trade contracts, maintain and balance budgets and ensure timely project completion and adherence to schedules. Review and finalize subcontractor and consultant contracts, assist with contract administration. Prepare monthly audits of project tracking costs against investment approved budgets. Perform investor relations functions including monthly project construction updates, financial updates, review of project financial statements and tax returns, fund management. Prepare and distribute monthly and quarterly financial reports, including income statements, balance sheets, and cash flow statements, internally and to external partners, including investors and lenders. Responsible for vendor payables, mortgage payments, property & reimbursable expenses, various fees, construction loan reconciliations, project disbursements, etc. Carry out any other duties that may be deemed appropriate to this role.
Must have at least three (3) years of experience as a staff accountant. Bachelor's degree in accounting is required. Prior experience working in public accounting is not required but a plus. Prior experience working in accounting for a Real Estate Developer is required. Familiarity with AIA Documents G702/G703. In-depth working knowledge of QuickBooks, Microsoft Office, Microsoft Project. Thorough knowledge of accounting principles and procedures. Experience with creating financial statements and overseeing budgets. Experience with general ledger functions and the month-end/year-end close process, managing closings. Excellent accounting software user and administration skills. Strong verbal and written communication skills. Ability to prioritize and operate proactively.
Senior Project Accountant • Columbia, SC, US
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