ROLE SUMMARY

Our client is looking for a Construction Accountant to join their growing team. This position will be responsible for the day-to-day accounting of construction projects and other accounting duties as assigned to support our development, asset management, and hospitality departments. He/she will be an invaluable part of their team and will have a significant opportunity for mentorship and professional development. This position reports to the Controller.

WORK SCHEDULE: 8:00 AM – 5:00 PM Pacific Daylight Time (11:00 PM – 8:00 AM Philippine Standard Time), follows Philippine holidays

POSITION TYPE: Full Time

WORK ARRANGEMENT: Remote

ESSENTIAL FUNCTIONS:

• Manage bank draws, pay apps, and lien waivers
• Partner with development and asset management teams to track budgets and support forecasting
• Report to the Controller and handles special projects related to real estate development activity
• Prepare, review, and submit bank construction draws to various lenders and institutional partners
• Review and report accurately on all construction pay applications, including the thorough analysis and monitoring of change orders and lien releases
• Monitor the overall integrity of project budgets and forecasts in accordance with standard practices
• Review and analyze budgets and expenditures against projects based on various funding sources
• Communicate and collaborate effectively with the development and asset management teams on budget concerns and overages to ensure projects are proceeding as scheduled and to maintain project controls
• Oversee the review, approval, and processes of monthly payment applications (contractor and consultant) by liaising with the appropriate internal and external parties
• Prepare account reconciliations and perform data analysis for accurate reporting as needed
• Maintain constant and open communication with the acquisition, development, and asset management teams throughout the projects
• Assist the Controller in developing accounting processes, policies, and procedures
• Handle special projects as assigned by the Controller and/or Executive Team

QUALIFICATIONS:

• Bachelor’s degree in accounting, finance, or commensurate relevant work experience
• Certified Public Accountant (CPA) certification is not required, but will be helpful
• 5+ years of accounting experience
• Real estate development or acquisition experience is ideal
• Development, property management, and/or construction accounting experience
• Direct experience processing loan draws in a real estate or construction setting is vital
• Strong technical and practical understanding of GAAP
• Understanding of commercial real estate finance, accounting, and property operations
• Experience with bookkeeping, financial reporting, and analysis
• Experience with Yardi and Rabit
• Proficient in Microsoft Excel and other MS Office programs
• Excellent attention to detail and numbers
• Ability to perform multiple tasks concurrently and respond to emergent situations effectively
• Ability to understand joint venture agreements and underlining loan documents
• Thrives and enjoys working in a hands-on, collaborative environment
• Very organized, prioritizes well, thinks logically, and utilizes critical thinking skills
• Proven leadership skills with a healthy work ethic and inquisitive mind
• Team player with a strong sense of personal accountability, responsibility, and integrity
• Comfortable handling activity for many entities
• Ability to meet time-sensitive deadlines while demonstrating continuous effort to improve operations, decrease turnaround times, streamline processes, and work cooperatively to provide superior results
• Demonstrated success working in a very dynamic, fast-paced, growing environment
• Quick thinker and ability to read, analyze, and interpret complex business agreements
• Strong verbal and written communication skills
• A self-starter with the ability to identify areas of need and the drive to take initiative
• Ability to work independently with little or no supervision and willingness to roll up sleeves

Please refer to job description.