Project Accountant | WFH

Cloudstaff Philippines Inc.; Philippines; Remote; PHP 480,000 - 720,000; Full time

Benefits offered by this job

HMO Coverage

Annual Performance Review

Employee Share Units

Cloudstaff Dream Points

Office perks for WFO staff

Job summary

Cloudstaff Philippines Inc. is seeking a Project Accountant for a Work-From-Home role to manage financial activities for development projects, including draw packages, reconciliations, and cost recording.

The role involves collaboration with lenders, title companies, and contractors, ensuring accurate funding, payments, and comprehensive project reporting throughout the lifecycle. Responsibilities include monthly project reviews, audit support, maintaining records, and contributing to process

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• Minimum 2 years accounting experience; construction, project, development, or real estate accounting preferred.
• Knowledge of GAAP, reconciliations, and financial reporting practices.
• Strong verbal and written communication with stakeholders.
• Analytical, problem-solving, and critical-thinking skills.
• Proficiency in Microsoft Excel; Yardi experience preferred.

Responsibilities

• Prepares, submits, and records construction and development draw requests per lender requirements.
• Reconciles draw activity and related balance sheet accounts for accurate reporting.
• Reviews project income statements, job cost reports, and GL activity for accuracy.
• Processes wire transfers and project-related disbursements.
• Reviews payment applications, invoices, lien waivers, and supporting docs for projects.
• Prepares monthly project and property financial reviews, analyzes activity, funding status, and variances.
• Maintains project accounting records and documentation through lifecycle.
• Collaborates with lenders, title companies, contractors, and internal partners on funding and reporting.
• Assists with audits by preparing schedules and responding to information requests.
• Supports process improvements and special projects.

Skills

GAAP knowledge

Financial reporting

Analytical thinking

Communication

Attention to detail

Multitasking

Education

Bachelor's degree in Accounting/Finance

Tools

Yardi

Excel

Job description

Job Description

Work-From-Home (CS Everywhere) - A work setup with unlimited access to the office and combined the flexibility and cost savings that comes with working from world-class offices

The Project Accountant is responsible for managing financial activities related to development projects, including preparing and submitting draw packages, reconciling accounts, and ensuring accurate recording of project costs. This role partners closely with internal teams and external stakeholders such as lenders, title companies, and contractors to support funding processes, payment execution, and financial reporting. The Project Accountant also contributes to monthly property reviews, audit support, and overall financial integrity throughout the project lifecycle.

ESSENTIAL FUNCTIONS:

• Prepares, submits, and records construction and development draw requests in accordance with lender, investor, and funding source requirements.
• Reconciles draw activity, construction funding sources, and related balance sheet accounts to ensure accurate financial reporting.
• Reviews project income statements, job cost reports, and general ledger activity to verify the accuracy and completeness of project costs.
• Processes and records wire transfers, including contractor payments, project funding transfers, accounts payable funding, and other project-related disbursements.
• Reviews, validates, and records payment applications, invoices, lien waivers, and supporting documentation for construction and development projects.
• Prepares and compiles monthly project and property financial reviews, including analysis of project activity, funding status, and budget-to-actual variances.
• Maintains accurate project accounting records, schedules, and supporting documentation throughout the development and construction lifecycle.
• Collaborates with lenders, title companies, fiscal agents, housing authorities, contractors, and internal business partners to support project funding, reporting, and compliance requirements.
• Assists with internal and external audits by preparing schedules, gathering documentation, and responding to requests for information.
• Supports departmental initiatives, process improvements, system implementations, and special projects as assigned.
• Maintains timely and regular attendance and performs other duties as assigned.

Qualifications and Requirements

• Bachelor's degree in Accounting, Finance, or a related field; or an equivalent combination of education and experience.
• Minimum of two (2) years of accounting experience; construction, project, development, or real estate accounting experience preferred.
• Knowledge of generally accepted accounting principles (GAAP), account reconciliations, and financial reporting practices.
• Demonstrates strong verbal and written communication skills and the ability to build effective working relationships with internal and external stakeholders.
• Possesses strong analytical, problem-solving, and critical-thinking skills.
• Demonstrates proficiency in Microsoft Office applications, particularly Excel.
• Experience with Yardi or similar accounting and property management software preferred.
• Exhibits strong organizational skills, attention to detail, and the ability to manage multiple priorities while meeting deadlines.
• Ability to work independently, exercise sound judgment, and maintain a high level of accuracy.
• Ability to maintain confidentiality and manage sensitive financial information with discretion.
• Ability to work effectively in a collaborative team environment and contribute to departmental goals.

Perks and Benefits

HMO Coverage
ALE Club : Accountants Leading Evolution, be part of a community of accountants within Cloudstaff that serves as a platform to connect with their colleagues
Annual Performance Review with Salary Increase
Become part of the Employee Share Units program
Cloudstaff Dream Points - To be used for bidding useful items like appliances, kitchenettes etc.
Comprehensive health and life insurance on your 16th day of employment, covering 1 free dependent on the 16th day of employment
Endless opportunities for career advancement
Exclusive partnership with the IPA to offer a professional CPD pathway
Exclusive partnerships that offer Cloudstaff accountants additional training sessions
Flexible leave credits which may be used for vacation, emergency, and sick leaves
In-house psychiatrist available to support employees' well-being
International career growth and connections
Look forward to weekly office perks for work from office staff – Free Coffee, Meals, and Beer Fridays!
Membership with PICPA
Mental Wellness Employee Assistance program through Lifeworks
Participate and join our CS Social Clubs and Special Interest Groups to connect with colleagues
Quarterly perks boxes for WFH staff, offering groceries and snacks to keep you fueled
Superb and exciting Mid-Year Parties – with items to give away and cash prizes!
Top notch workplace with first class VIP lounge and game rooms
Unlimited cash incentives for hired referrals
We set you up for success with a company-provided PC/Laptop and fiber internet connection