Construction Accountant

  • location: Philadelphia, PA
  • type: Permanent
  • salary: $55,000 - $80,000 per year
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job description

Construction Accountant - Center City/Bala Cynwd, PA

***Growing real estate investment/development company is seeking a Construction Accountant to join their team. This position is open due to growth and is a great time to join the company in their high growth phase.***

The Construction Accountant will be involved in the financial aspects from concept to completion pertaining to the vibrant Main Line construction of the Class-A residential and retail space projects. Experience in accounting for hard and soft costs for ground-up and rehabilitation projects, tracking expenditures and costs to complete, including AIA draw documents for lender funding requests, budgeting and change orders will be extremely beneficial. Opportunities for advancement will continue as the company grows their portfolio..

POSITION RESPONSIBILITES

  • Prepare draws to be sent to construction lenders, including assembling AIA Forms G702 and G703 and related forms
  • Request and assemble general contractor, sub-contractor and soft cost vendor supporting documentation
  • Monitor construction job progress versus budget and track potential change orders and overruns
  • Prepare status reports to development and construction management
  • Assist with tracking purchase orders, work orders and contract change orders
  • Reconcile draws payments and outstanding invoices to general ledger
  • Insure the proper receipt, tracking and filing of hard and electronic copies of GMP and other contracts and permanent documents for projects
  • Review all incoming development and construction related invoices for accuracy and coding prior to entry to payables system
  • Interact with vendors regarding invoice issues
  • Maintain job to date costs reports by budget category with supporting documentation including draws, invoice and cancelled check backup
  • Prepare and update quarterly and year-end schedules
  • Prepare documentation for journal entries as required
  • Ensure proper receipt of lien waivers and insurance certificates prior to release of payments to contractors and other vendors
  • Respond to special requests for information internally and externally
  • Other duties as assigned

QUALIFICATIONS

  • Bachelor's degree in Accounting
  • 3+ years' accounting experience, preferably in a similar role
  • Real Estate / Job Cost experience in construction accounting, project budgets
  • Working knowledge of contracts highly desirable
  • Working knowledge of detailed working knowledge of AIA Forms G702 and G703, change orders a must
  • Proficient knowledge of MS Office applications: Excel, Word, Adobe, and other software
  • Ability to work with high degree of accuracy and follow-up
  • Ability to handle shifting and multiple priorities in a fast paced, growth environment
  • Ability to work under pressure and successfully meet deadlines
  • Comfortable working in a stand-alone capacity with minimal supervision
  • Ability to work both independently and with a team

For immediate and confidential consideration apply and/or email your resume in a word document to: virginia.shappy@randstadusa.com or call Virginia Shappy at: 215-839-3068.

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