Construction Accountant for Real Estate Development

International Association of Plumbing and Mechanical Officials (IAPMO)

Torrance, Northern (CA, KY)

Hybrid

USD 90,000 - 120,000

Full time

14 days+
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Benefits offered by this job

Medical/Dental/Vision
401K
Competitive salary package

Job summary

Overton Moore Properties in Torrance, CA seeks a Construction Accountant to join our accounting team. You will work closely with development, construction, and finance on a broad project pipeline, reporting to the Controller in our Torrance office.

The position requires a Bachelor's in Accounting/Finance, 2+ years in construction or real estate development accounting, and strong GAAP knowledge. Expect exposure to draws, budgets, audits, and lender reporting as part of a fast-paced, team-driven

Qualifications

  • Bachelor's degree in Accounting, Finance, or Business Administration.
  • Two or more years of construction or real estate development accounting experience preferred.
  • Experience with construction draw processes and joint venture or lender reporting a plus.

Responsibilities

  • Prepare monthly construction draw requests and reporting packages for submittal to joint venture partners and construction lenders, ensuring accuracy and timeliness.
  • Track project budgets against actual costs and flag variances for the development and accounting teams.
  • Process and code contractor and vendor invoices for development projects, ensuring proper cost coding by budget line item.
  • Reconcile job cost ledgers and maintain accurate project-level accounting records throughout the construction lifecycle.
  • Assist with the preparation of loan compliance reporting and respond to lender and joint venture partner inquiries.
  • Support month-end and year-end close processes for development entities, including accruals and capitalization of project costs.
  • Assist with the annual budgeting process for active and upcoming development projects.
  • Work with outside accountants and auditors on annual audits and tax return preparation as needed.
  • Maintain organized, audit-ready project files and documentation.

Skills

Communication
Job costing
GAAP accounting
Construction draws
Yardi/MRI/Sage
Analytical skills
Multitasking
MS Office

Education

Bachelor's degree in Accounting/Finance/Business Admin

Tools

Yardi
MRI
Sage

Job description

Overton Moore Properties in Torrance, CA seeks a Construction Accountant to join our accounting team. You will work closely with development, construction, and finance on a broad project pipeline, reporting to the Controller in our Torrance office.

The position requires a Bachelor's in Accounting/Finance, 2+ years in construction or real estate development accounting, and strong GAAP knowledge. Expect exposure to draws, budgets, audits, and lender reporting as part of a fast-paced, team-driven

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