The Construction & Development Accountant is responsible for maintaining accurate financial records for construction projects and development entities. This role includes job cost accounting, accounts payable and receivable, month-end close, and financial reporting while ensuring compliance with GAAP, internal controls and contract requirements. The position works primarily with the development team but will also include collaboration with the construction accounting team, project managers, operations and external partners to ensure timely and accurate financial information.

Duties & Responsibilities

Project & Job Cost Accounting:

Maintain accurate job cost records for construction and development projects, review with Project Management team monthly
Enter and post job cost transactions, including AP invoices, payroll, equipment and subcontract costs
Reconcile job cost to the general ledger and investigate variances
Assist with change order tracking and cost-to-complete analysis

Accounts Payable & Receivable:

Review and process vendor and subcontractor invoices, ensuring proper coding and approvals
Assist with preparation of loan draws
Monitor lien waivers, insurance certificates and contract compliance
Assist with pay application preparation and review
Process customer billings and monitor collections as needed

Financial Reporting & Close:

Assist with monthly, quarterly and year-end close processes
Prepare journal entries, account reconciliations and supporting schedules
Assist with internal and external financial reporting
Support audits, tax filings and lender reporting requirements

Payroll & Compliance Support:

Review payroll allocations to ensure proper job and cost code distribution
Assist with prevailing wage, certified payroll and labor compliance as applicable
Support compliance with local, state and federal regulations

Systems & Process Improvement:

Utilize construction accounting systems to track job costs
Maintain accurate master data (jobs, cost codes, vendors, contracts)
Assist in improving accounting workflows, controls and reporting processes

Required Qualifications

Bachelor’s degree in Accounting or related construction accounting experience
3+ years of accounting experience, preferably in construction or real estate development
Strong understanding of job cost accounting and construction financials
Proficiency with accounting software and Excel (pivot tables, VLOOKUP/XLOOKUP, formulas)
Knowledge of GAAP and internal controls

Preferred Qualifications

Experience with CMiC, QuickBooks or similar construction ERP systems
Experience with percentage-of-completion accounting
Familiarity with lien laws, retainage and subcontractor compliance

Skills & Competencies

Strong attention to detail and accuracy
Ability to manage multiple projects and deadlines
Effective communication with project and operations teams
Analytical and problem-solving skills
Ability to work independently and as part of a team

Work Environment

Office-based with collaboration across project teams
Periodic interaction with field personnel and project managers
Standard business hours with additional time during close periods

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