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Project Accountant
221 West 37th St 5th Floor New York, NY 10018 US
Job Description
Job Qualifications:
- Bachelor's degree in Accounting required
- Minimum of three (3) years of experience as a Project Accountant or Bookkeeper
- Prior experience in real estate development or general contracting required; public accounting experience a plus.
- Proficient in QuickBooks and Microsoft Office Suite
- Familiarity with AIA Documents G702/G703
- Strong understanding of insurance procurement, buyouts and renewal processes
- Experience with project budget and scheduling oversight
- Thorough knowledge of accounting principles, general ledger functions and month-end/year-end close processes
- Demonstrated ability to create accurate financial statements and reports
- Excellent written and verbal communication skills
- Highly organized, proactive and capable of prioritizing in a fast-paced environment
- Ability to work in Manhattan office 5 days a week
- Processing subcontractor, vendor and consultant requisitions, compile loan draws and G702/3s and collaborate with the construction PM team to review and approve accounting requests
- Maintain overall project bookkeeping and budget oversight, reporting any overages or potential issues to the Project Manager and Head of Construction
- Conduct contract administration to support construction team in drafting, reviewing and finalizing subcontractor and vendor buyout, including contractual language and insurance requirements
- Conduct monthly audits of project costs against investment-approved budgets; maintain and update the ACR throughout each projects lifecycle
- Prepare and distribute monthly and quarterly financial reporting packages (income statements, balance sheets, cash flow statements) to internal stakeholders and external partners, including investors and lenders
- Coordinate with external insurance brokers to oversee company-wide risk management, ensuring construction and condominium insurance coverage remains current and active
- Manage subcontractor insurance by obtaining updated Certificates of Insurance (COIs), tracking subcontractor insurance compliance, verifying insurance requirements and managing permit renewals
- Reconcile company credit card expenses
- Manage accounts payable, mortgage payments, project disbursements, and reconciliations for construction loans, reimbursable expenses, and other project-related expenses
- Perform additional duties as required to support the corporate finance and construction teams
- Monday-Friday
- 8:00am-5:00pm
- Yearly salary range is between $80-$100k (To be discussed at the in-person interview
- Benefits Offered
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