Project Accountant

Hands‑on, ownership‑driven role Make a tangible impact on the business About Our Client Our client is a New York-based real estate developer Job Description Project Accounting & Financial Ownership Own end‑to‑end project accounting for assigned construction projects, including job cost accounting, accounts payable, owner billings, and subcontractor payments. Maintain accurate project budgets, cost codes, contracts, and subcontract records from project setup through close‑out. Prepare and review monthly project reporting, including cost‑to‑complete, forecasted profitability, and cash flow. Proactively evaluate project forecasts and challenge assumptions where costs, timing, or scope appear unreasonable or unsupported. Billing, Draws & Cash Flow Partner with Project Managers to prepare monthly owner payment applications in accordance with contract terms. Review and process AIA G702/G703 requisitions, ensuring alignment between approved scope, billing, and cost‑to‑date. Prepare and support lender and owner draw packages, including backup documentation. Monitor under‑ and over‑billings and resolve discrepancies in a timely manner. Contracts, Change Orders & Compliance Maintain project contracts and commitments; enter and track owner and subcontractor change orders, ensuring consistency between both. Monitor subcontractor compliance with contract terms, including insurance, bonding, lien waivers, and billing requirements. Review vendor activity to ensure all invoices are received, coded correctly, and processed promptly. Month‑End Close & Reporting Prepare and review month‑end journal entries, allocations, and reconciliations related to project costs and billings. Perform cost‑to‑billing reconciliations and resolve reconciling items. Ensure project financial reporting is accurate, GAAP‑compliant, and suitable for senior management review. Partnership & Communication Serve as a finance partner to Project Managers, providing insight into cost trends, risks, and opportunities. Surface issues early and communicate clearly with Development and Accounting leadership. Work collaboratively with internal teams and external stakeholders in a fast‑paced, deadline‑driven environment. The Successful Applicant Bachelor's degree in Accounting or related field. 5-7+ years of progressive experience in construction or real estate development project accounting (NY/NJ market strongly preferred). Proven experience with: Construction job cost accounting AIA G702/G703 billing Cost‑to‑complete forecasting and cash flow analysis Lender/owner funding requests and reconciliations Working knowledge of construction contracts, change orders, and subcontractor compliance. Experience with Yardi and PayScan (or similar construction payment platforms). Strong Excel skills; comfortable working with detailed financial data. What's on Offer Competitive salary ranging from $130,000 to $160,000 USD annually. Outstanding health insurance with exceptionally low employee costs. 401(k) plan with company match, fully vested after 4-5 years. Eligibility for annual and project-based bonuses. Enjoy Summer Fridays for a better work‑life balance. MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants. #J-18808-Ljbffr Michael Page US