Project Accountant

Job Description

We are seeking a Project Accountant to join our client's team! This role will be responsible for overseeing multiple projects and requires experience in the real estate industry.

RESPONSIBILITIES

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• Oversee and manage the financial aspects of multiple development projects, ensuring accurate and timely financial reporting.
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• Regularly review financial reports to ensure projects are on track.
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• Forecast and predict future financial performance based on current data and trends.
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• Maintain accurate and up-to-date financial records for each project in line with Alterra’s Capital Governance and Financial Management Systems and Processes.
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• Support development team members in creating accurate project budgets, ensuring optimal resource allocation and financial performance.
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• Compare actual costs to budgeted costs and explain any differences.
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• Identify and mitigate financial risks associated with development projects.
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• Develop and maintain project budgets, forecasts, and financial models. Monitor project costs and variances, and provide regular updates to project managers and senior leadership.
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• Prepare and present monthly, quarterly, and annual financial reports. Ensure compliance with GAAP and company policies.
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• Implement and maintain cost control procedures to ensure projects are completed within budget. Review and approve project-related invoices and expenses.
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• Coordinate with internal and external auditors to ensure compliance with financial regulations and company policies. Prepare audit schedules and documentation as required.
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• Work closely with project managers, contractors, and other stakeholders to provide financial insights and support decision-making processes.
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• Utilize accounting software and project management tools to track and report on project financials. Ensure data integrity and accuracy.
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• Identify opportunities for process improvements and implement best practices in project accounting.
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Requirements:

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• Bachelor's degree
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• Real estate industry experience
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