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Luxury Residential Developer

Construction Project Accountant

Luxury Residential Developer, Los Angeles, California, United States, 90079

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Job Description The primary function of the Construction Project Accountant is to support the Accounting department in managing the financial obligations of the Company, including: Accounts Payable; Construction Draws, and related correspondence for construction projects.

Accounts Payable Functions:

Receives and accurately posts payables, ensuring appropriate approvals and job-cost coding

Ensures timely payments of vendor invoices and expense vouchers, and maintains accurate records of each

Reconciles monthly vendor statements in a timely manner

Reviews applicable accounting reports and accounts payable register to ensure accuracy

Ensures payables are scanned, labeled and electronically attached to appropriate jobs in various software programs

Effectively communicates with contractors regarding incomplete invoice packages, declined invoices and payment status inquiries

Construction Draw Functions:

Process construction draw requests for approximately 10 active projects

Coordinate draw requirements with various lenders and ensure proper documentation is included

Review contractor invoices and obtain all necessary waivers

Work with field Construction Project Managers to confirm all work that is invoiced is completed

Review actual and budgeted costs with each draw submittal

Monitor lien notices

Update all joint check information in the company accounting system

Skills & Qualifications:

Bachelor Degree in Accounting, Finance, or related field is preferred

Knowledge of General Accounting Principles

Previous homebuilder and/or general construction industry experience is REQUIRED

Must have experience with Mechanic’s Liens, Preliminary Notices and Releases

Experience with General ledger and Accounts payable (Minimum of 3 years)

Proficient in Microsoft Office products including Excel and Outlook

Experience with Sage 100 Contractor (formerly Master Builder), and Builder Trend are a plus

Excellent communication and organization skills, with an eye for detail and accuracy are imperative

Ability to think “outside the box” and use deductive reasoning to solve problems

Must possess the ability to recognize, analyze and solve problematic situations

Strong interpersonal relationship skills and the ability to relate well with a variety of personality types

Self-starter with ability to multi-task in a high-stress, fast-paced environment

Relies on extensive experience and judgment to plan and accomplish goals

Company Description We are a small but thriving company, interested in hiring and keeping the best employees possible.

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