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The Garrett Companies

Construction Accountant

The Garrett Companies, Indianapolis, Indiana, us, 46262

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Construction Accountant

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The Garrett Companies

The Construction Accountant is responsible for managing the financial accounting of multifamily construction projects. This role includes maintaining accurate project cost records, managing accounts payable, preparing draw requests, and supporting month-end reporting. The ideal candidate has a strong background in construction accounting and is highly organized, analytical, and detail oriented.

Overview The Construction Accountant is responsible for managing the financial accounting of multifamily construction projects. This role includes maintaining accurate project cost records, managing accounts payable, preparing draw requests, and supporting month-end reporting.

Key Responsibilities

Maintain accurate job cost accounting for 2 – 3 multifamily construction projects

Process and code invoices, ensuring alignment with project budgets and contracts

Prepare and manage monthly lender draw packages, including lien waivers and supporting documentation

Review accuracy of subcontractor and vendor billings and all appropriate paperwork (lien waivers, certification, etc.)

Maintain signed Change Orders and Sub signed Change Orders for System and billing

Assist in maintaining COI’s from subcontractors

Assist with expense recording, job cost tracking and data entry

Reconcile construction budgets to actual costs and monitor cost overruns

Track commitments, change orders, and subcontractor payments

Assist with Work-in-Progress (WIP) reporting and monthly close procedures

Ensure compliance with tax and financial reporting standards

Support audits by maintaining organized and accurate project files and documentation

Collaborate with project managers and development teams to ensure timely and accurate financial reporting

Assist in setting up new projects and entities in the accounting system

Participate in the preparation of cash flow projections and financial statements

Required Skills And Qualifications

Bachelor’s degree in Accounting, Finance, or related field

2–5 years of experience in construction accounting, preferably with multifamily projects

Strong understanding of job cost accounting and construction draw processes

Proficiency in accounting software (e.g., Sage 300, Intacct, QuickBooks, Procore)

Excellent Excel and data analysis skills

Detail-oriented with strong organizational and time management abilities

Effective communication skills for collaboration with internal teams

Core Competencies

Able to work in unison with a team.

Takes full responsibility for actions and works collaboratively to find solutions.

Coachable.

Positive Attitude.

Ability to listen and understand intents and goals.

Relentless problem-solving skills.

Ability to think 2+ steps ahead and anticipate what comes next.

Willingness to support at all levels.

Desire to pursue excellence, think creatively and innovatively.

Physical Requirements

Prolonged periods sitting at a desk and working on a computer.

Must be able to lift up to 15 pounds at a time.

Job Details

Location: Indianapolis, IN

Salary: $55,000.00-$60,000.00

Seniority level: Entry level

Employment type: Full-time

Job function: Accounting/Auditing and Finance

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