Project Accountant (Real Estate)

Optimus Executive Search Solutions; Mandaluyong; On-site; PHP 600,000 - 900,000; Full time

Job summary

Optimus Executive Search Solutions is seeking a Project Accountant for real estate development projects in Mandaluyong. The role oversees the full accounting cycle, budgets, cost control, and financial reporting to ensure project profitability and regulatory compliance.

The ideal candidate has 3–5 years in project accounting within real estate development, CPA preferred, and strong Excel and accounting-system proficiency. Onsite work with multi-project coordination is expected.

Qualifications

• Bachelor's degree in Accountancy, Finance, or related field.
• CPA preferred or equivalent certification.
• 3–5 years of experience in project accounting within real estate development.
• Strong knowledge of project accounting, budgeting, cost control, and financial reporting.
• Experience with construction costs, progress billings, and project financial controls.
• Proficient in accounting systems and Excel.
• Excellent communication and stakeholder management skills.

Responsibilities

• Manage the full accounting cycle for assigned real estate development projects.
• Monitor budgets, costs, expenditures, and cash flow to meet financial targets.
• Prepare and analyze project financial reports, budget variances, and cost performance analyses.
• Coordinate with project managers, construction teams, and stakeholders on financial matters.
• Review and validate billings, progress billings, contractor payments, and supplier invoices.
• Ensure accurate cost recording, accruals, and entries per policies and standards.
• Assist in budgeting, forecasting, and financial planning for projects.
• Support month-end and year-end closing activities for project accounting.
• Ensure compliance with government regulations, tax requirements, and audit standards.
• Provide financial insights to support profitability and decision-making.

Skills

Excel

Budgeting

Cost accounting

Analytical skills

Stakeholder management

Education

Bachelor's degree in Accountancy or Finance

CPA preferred

Tools

Accounting software

Microsoft Excel

Job description

About the job Project Accountant (Real Estate)

Our client, a well-established company in the real estate development industry, is looking for a Project Accountant to oversee project financials, budgeting, cost monitoring, and accounting operations across multiple development projects.

This role is ideal for an accounting professional with a strong background in real estate development who has experience managing project costs, financial reporting, budget controls, and ensuring the financial integrity of construction and property development projects.

Location: Mandaluyong
Work Setup: Onsite

Job Responsibilities:

• Manage the full accounting cycle for assigned real estate development projects.
• Monitor project budgets, costs, expenditures, and cash flow to ensure financial targets are achieved.
• Prepare and analyze project financial reports, budget variance reports, and cost performance analyses.
• Coordinate with project managers, construction teams, and other stakeholders regarding project financial matters.
• Review and validate project-related billings, progress billings, contractor payments, and supplier invoices.
• Ensure accurate recording of project costs, accruals, and accounting entries in compliance with company policies and accounting standards.
• Assist in project budgeting, forecasting, and financial planning activities.
• Support month-end and year-end closing activities related to project accounting.
• Ensure compliance with government regulations, tax requirements, and audit standards.
• Provide financial insights and recommendations to support project profitability and management decision-making.

Job Qualifications:

• Bachelor's degree in Accountancy, Finance, or a related field.
• CPA preferred
• Minimum of 3-5 years of experience in Project Accounting within the Real Estate Development industry.
• Strong understanding of project accounting, cost accounting, budgeting, and financial reporting.
• Experience handling construction costs, development projects, progress billings, and project financial controls.
• Proficient in accounting systems and Microsoft Excel.
• Strong analytical, problem-solving, and financial management skills.
• Excellent communication and stakeholder management abilities.
• Highly organized with strong attention to detail and the ability to manage multiple projects simultaneously.
• Experience working with real estate developers, construction companies, or property development firms is required.