Posted: 09/26/20232023-09-262023-11-02Employment Type:Direct Hire/PermJob Category:Accounting & FinanceJob Number: 579931Is job remote?: NoCountry: United States
Job Description
Senior Accountant
Function
Responsible for all accounting, financial and lender reporting for companies (Development & Construction business line).
Description
The Senior Accountant provides end to end bookkeeping, accounting and financial reporting for company including the underlying development projects (including joint venture projects). This includes preparing timely and accurate financial analysis and reporting to key stakeholders throughout the Company. The Senior Accountant shall report directly to the Financial Controller and provide any/all accounting support required for this business line. The Senior Accountant will work closely with the company’s leadership and development teams, actively participating in the budgeting, forecasting, and financial reporting.
Responsibilities
All day to day accounting needs and the active development projects
Entity level monthly consolidated reporting for the company and subsidiaries including accounts payable approval, cash management, cash forecasting and financial reporting
Thorough understanding of all construction contracts, operating agreements, joint venture agreements, loan documents and other relevant legal documents
Provide detail and assist in the preparation of Development Project Financial Modeling/Forecasting, Annual company budgeting, Quarterly Project Budget forecasting, reconciling underlying job cost detail to original project budget and TB and analyzing variances for discussion with project management team and senior management
Contractor/Subcontractor and other vendor reconciliations with comparison to original signed contracts along with Contractor/Subcontractor Lien waiver tracking, accumulation and filing
Monthly construction loan requisition preparation and reconciliation of loan funding for review and approval.
Receiving, reviewing, and responding in a timely manner to all internal and external accounting/invoicing communications
Initiate and monitor this process issuing and collecting final Lien waivers, retainage release and final vendor payments
Preparation of anticipated cash proceeds for unit sales and loan pay downs.
Preparation of cost basis allocation and corresponding journal entries for property sales
Interaction with property management and legal counsel for Condominium setup prior to unit sales
Final project profitability analysis (Equity Cash Multiple, ROE, IRR)
Assist the Financial Controller with other accounting duties as may from time to to time be needed
Qualifications:
Bachelor's degree in Accounting or Finance
Strong knowledge and understanding of GAAP
3-5 Years of Development Accounting experience
CPA or public accounting experience preferred.
Experience in accounting for job costs, real estate development, property rehab and construction
Experience in loan analysis and the monthly loan requisition process
High degree of accuracy, accountability and history of consistently producing a quality work product.
Ability to multi-task and work with changing priorities in an entrepreneurial environment.
Advanced PC applications: Excel, Word, and Google.Working knowledge of Yardi Voyager and Sage 300.
The staffing industry has seen an increase in people falsely representing themselves as recruiters to gather personal information from job seekers. For your safety, do not provide sensitive data to anyone you have not spoken with thoroughly, never provide banking information during the application process and always double check the email address of the recruiter to ensure it’s from @planet-pro.com - and not a domain with an alternative extension like .net, .org or .jobs. Candidate safety is a top priority at Planet Professional.
Planet Professional and The Planet Group of Companies are equal opportunity employers. It is our practice not to discriminate against any employee or applicant based on any criteria, condition or basis protected by laws or regulations in the locations where we do business. All qualified applicants are encouraged to apply. We celebrate diversity and are committed to providing an environment of mutual respect. We believe that diversity, equity and inclusion enable us to better meet our mission and values while serving our clients across the globe. If you have a disability or handicap and would like us to accommodate you in any reasonable way, please inform your recruiter, or contact us, so that we can discuss the appropriate alternatives available.
There are currently no related jobs. Please sign up for Job Alerts.
Loading...
Login to save this search and get notified of similar positions.
About Boston, MA
Ready to take your career to new heights? Explore our job opportunities in the vibrant Boston, Massachusetts area! Known for its rich history, world-class universities, and thriving tech and healthcare sectors, Boston offers a unique blend of opportunity and charm. Imagine working near iconic landmarks like the Freedom Trail, indulging in delicious clam chowder, catching a show at the Boston Opera House, or cheering on the beloved Red Sox at Fenway Park. With renowned art galleries, theaters, and the stunning Boston Common right at your doorstep, there’s no shortage of ways to enjoy work-life balance in this dynamic city. Discover your next career move in Boston today!
Are you sure you want to apply for this job?
Please take a moment to verify your personal information and resume are up-to-date before you apply.
