RXR
Overview
Headquartered in New York with a nationally scaled platform, RXR is a 450+ person, vertically integrated investment manager with expertise in acquisitions, asset and portfolio management, property operations, development, construction, leasing, and technological innovation. RXR is an active investor in real estate credit, rental housing, commercial property, and property technology through value-added and opportunistic investment strategies. Summary:
The Project Accountant is responsible for full cycle billing and financial analysis of capital improvement and development projects in the real estate portfolio of RXR and its affiliates. This person reports to the Senior Project Accountant. The Project Accountant is responsible for ensuring the integrity, accuracy and timeliness of accounting information being recorded and reported and serves as point of contact internally between the project team and corporate headquarters; externally among vendors and clients. Responsibilities
Collect all subcontractor trade AIA G702/703(AIA) and vendor invoices Verify accuracy of final AIA from all trade subcontractors including project roll forward, mathematical accuracy, and completeness of support (lien waivers, insurance etc.) Review requisitions for errors or missing information based on project information Distribute AIA’s to Project Managers to review Attend meetings with Project Managers (PM) and subcontractors to review project status and reporting Record subcontractor AIAs and general conditions in the accounting system Maintain the Accumulated Cost Report (ACR) Compile Accounts Receivable Billing of monthly activity to properties and tenants Work across multiple projects and properties simultaneously Qualifications
Invoicing Fundamentals:
Proficiency in tracking open invoices not yet uploaded to the system; ability to review invoices / AIA against commitment and change orders. Vendor Account Reconciliation:
Able to analyze, identify and explain clearly the causes for the discrepancies. Presents the analysis in a clear format for others to understand. Construction AIA Process:
Excellent understanding and execution of AIA review and QA for errors. Progress Billing:
Timely submit accurate billing to clients. Meet or exceed monthly deadline requirement. Reporting and Analysis:
Expertise in identifying potential issues and inconsistencies; skilled at researching root causes and proposing resolutions. Accounting Systems Proficiency:
Proficient in daily use of Procore for commitments and change orders and data quality control; proficient in Sage 300 for reporting, queries and recordings; basic to intermediate Excel; proficient in Timberscan. Experience and Education: Bachelor's degree in Accounting Experience in Real Estate Construction A minimum of 2-3 years of project accounting experience Good working knowledge of GAAP Proficient at an intermediate level with MS Excel Familiarity with Sage 300 (Timberline), Procore, and Timberscan preferred but not required Salary and Benefits:
The salary range listed is a good faith determination of potential base compensation and may be modified in the future. Pay Range: $65,000 - $75,000 USD. Equal Opportunity:
RXR is an Equal Opportunity Employer committed to recruiting, hiring and promoting qualified people of all backgrounds regardless of gender, race, color, creed, national origin, religion, age, marital status, pregnancy, physical or mental disability, sexual orientation, gender identity, military or veteran status, or any other basis protected by federal, state, or local law. RXR is committed to the full inclusion of all qualified individuals and will provide reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact 516-506-6847.
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Headquartered in New York with a nationally scaled platform, RXR is a 450+ person, vertically integrated investment manager with expertise in acquisitions, asset and portfolio management, property operations, development, construction, leasing, and technological innovation. RXR is an active investor in real estate credit, rental housing, commercial property, and property technology through value-added and opportunistic investment strategies. Summary:
The Project Accountant is responsible for full cycle billing and financial analysis of capital improvement and development projects in the real estate portfolio of RXR and its affiliates. This person reports to the Senior Project Accountant. The Project Accountant is responsible for ensuring the integrity, accuracy and timeliness of accounting information being recorded and reported and serves as point of contact internally between the project team and corporate headquarters; externally among vendors and clients. Responsibilities
Collect all subcontractor trade AIA G702/703(AIA) and vendor invoices Verify accuracy of final AIA from all trade subcontractors including project roll forward, mathematical accuracy, and completeness of support (lien waivers, insurance etc.) Review requisitions for errors or missing information based on project information Distribute AIA’s to Project Managers to review Attend meetings with Project Managers (PM) and subcontractors to review project status and reporting Record subcontractor AIAs and general conditions in the accounting system Maintain the Accumulated Cost Report (ACR) Compile Accounts Receivable Billing of monthly activity to properties and tenants Work across multiple projects and properties simultaneously Qualifications
Invoicing Fundamentals:
Proficiency in tracking open invoices not yet uploaded to the system; ability to review invoices / AIA against commitment and change orders. Vendor Account Reconciliation:
Able to analyze, identify and explain clearly the causes for the discrepancies. Presents the analysis in a clear format for others to understand. Construction AIA Process:
Excellent understanding and execution of AIA review and QA for errors. Progress Billing:
Timely submit accurate billing to clients. Meet or exceed monthly deadline requirement. Reporting and Analysis:
Expertise in identifying potential issues and inconsistencies; skilled at researching root causes and proposing resolutions. Accounting Systems Proficiency:
Proficient in daily use of Procore for commitments and change orders and data quality control; proficient in Sage 300 for reporting, queries and recordings; basic to intermediate Excel; proficient in Timberscan. Experience and Education: Bachelor's degree in Accounting Experience in Real Estate Construction A minimum of 2-3 years of project accounting experience Good working knowledge of GAAP Proficient at an intermediate level with MS Excel Familiarity with Sage 300 (Timberline), Procore, and Timberscan preferred but not required Salary and Benefits:
The salary range listed is a good faith determination of potential base compensation and may be modified in the future. Pay Range: $65,000 - $75,000 USD. Equal Opportunity:
RXR is an Equal Opportunity Employer committed to recruiting, hiring and promoting qualified people of all backgrounds regardless of gender, race, color, creed, national origin, religion, age, marital status, pregnancy, physical or mental disability, sexual orientation, gender identity, military or veteran status, or any other basis protected by federal, state, or local law. RXR is committed to the full inclusion of all qualified individuals and will provide reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact 516-506-6847.
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