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ELDA Developments

Project Accountant

ELDA Developments, San Diego, California, United States, 92189

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ELDA Developments is an innovative urban developer committed to creating vibrant and thoughtfully designed communities in San Diego. Our projects blend modernity with timeless values, promoting inclusivity and enhancing urban living through sustainable and community-focused designs. With a strong focus on creating urban spaces that harmonize work, life, and play, we aim to foster lasting connections and deliver strong returns for investors. At ELDA, we take pride in crafting spaces that inspire equity, promote community connections, and drive long-term growth.

Role Description We are seeking a Project Accountant with extensive experience in ground-up construction accounting. This role oversees the financial health of the firm and all active development projects. You will manage construction draws, maintain accurate job cost reports, coordinate with lenders, track pay applications, and ensure all financial records remain clean and audit-ready. The ideal candidate understands the full development cycle and has hands‑on experience working with complex capital stacks, cost breakdowns, soft and hard cost allocations, and construction-related financial reporting.

Responsibilities

Prepare and submit monthly construction draws for all projects

Review pay applications, lien releases, change orders, and vendor invoices

Maintain detailed job cost tracking and forecasting for each project

Coordinate with lenders and equity partners to satisfy reporting requirements

Support the preparation of project budgets, draw schedules, and financial reports projections

Reconcile accounts, maintain organized general ledgers, and ensure accurate monthly closes

Assist ownership with cash flow planning and company‑level financial oversight

Implement accounting controls to maintain accurate and audit‑ready books

Oversee and track all financial transactions across the predevelopment, preconstruction, construction, and post‑construction phases of each project

Prepare monthly, quarterly, and annual financial reporting at both the company and project‑by‑project basis

Record transactions and manage monthly accounting close processes on both a cash and accrual basis

Requirements

Strong knowledge of construction accounting, development budgets, and ground

Experience preparing monthly draws and communicating with lenders

Familiarity with job cost accounting systems and development of financial structures

High attention to detail and strong analytical skills

Ability to manage multiple projects and deadlines

Clear communication and a professional approach when interacting with ownership, vendors, and lenders

Bachelor’s degree in accounting, finance, or related field preferred

Seniority level Entry level

Employment type Full‑time

Job function Accounting/Auditing and Finance

Industries Housing and Community Development

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