Senior Construction Accountant

Job Description

Job Description

Senior Construction Accountant

Principal Duties and Responsibilities:

1. Project Cost Setup and Budget Management:
   • Set up projects in MRI System, detailing job type, such as site, building/shell, and Include relevant lease, deal, and suite information.
   • Monitor and review weekly new job set up requests to ensure all necessary information is being provided.
   • Review budget cost coding and enter approved budget into MRI system.
   • Post approved budget revisions and reallocations as needed.
2. Cost Oversight and Analysis:
   • Review and approve Purchase Orders (POs), Change Orders (COs), and Contracts for coding accuracy, adherence to project budgets, and alignment with project budgets, and alignment with project scope.
   • Review invoice coding to make sure AP is consistently using proper coding. If correction is needed, prepare and submit Job Cost journal entries to general ledger team for posting.
   • Monitor lien waivers and conditional/unconditional releases to ensure compliance with contractual requirements.
   • Work closely with cost segregation team to ensure compliance and proper coding for book and tax purposes.
   • Participate in PO and CO review with senior
   • Perform variance analyses, highlighting discrepancies between actual and budgeted costs, and collaborate with construction teams to resolve issues.
   • Prepare and distribute monthly job cost reports and project financial summaries to project stakeholders. Participate in monthly job cost meeting with each PM.
   • Responsible for working with admins and project managers to make sure jobs are being closed and all steps are being logged in a timely fashion. Responsible for inactivating job once close-out process is complete.
3. Billing and Revenue Tracking:
   • Collaborate with the Billing and Lease Administration Departments to ensure timely and accurate billing for project-related costs.
   • Monitor to make sure all items coded to tenant billable are submitted and posted to tenant ledger.
4. Internal Collaboration and Support:
   • Attend construction job meetings to stay informed on project progress, budgets, and potential financial risks.

     analysis.

   • Work closely with finance to ensure accurate reporting for cash flows and job analysis.

Knowledge, Skills, and Abilities:

• Experience: Minimum of 2 years in construction industry – administration or accounting, with strong experience in project-level cost tracking and analysis.
• Education: Associate degree in accounting required; bachelor’s degree preferred.
• Technical Skills: Proficiency in construction accounting software (e.g., MRI, Procore) and advanced Excel skills.
• Interpersonal Skills: Strong organizational, communication, and analytical abilities, with a collaborative mindset for working closely with project managers and executive teams.
• Travel: Willing to travel to our other office locations quarterly.
• Detail Orientation: High attention to detail and ability to manage multiple projects, ensuring deadlines and accuracy are met.

Pay Range: $85,000 - $100,000 Annually

Please note that final offer amount will be dependent on geographic location, applicable experience and skillset of the candidate.