Construction Project Accountant - Real Estate Development

Westminster Management

Florham Park (NJ)

On-site

USD 70,000 - 100,000

Full time

8 days ago

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Job summary

Westminster Management is seeking a Project Accountant to support the development accounting team across multiple construction projects. The role performs bank reconciliations, AP coding reviews, monthly closing, and draws package preparation, ensuring tight cash control and accurate job costing.

The ideal candidate has a Bachelor's in accounting, 2 years in project accounting (prefer CRE), and strong Excel and Yardi Construction experience.

Qualifications

Bachelor’s degree in accounting required.
Yardi Construction software experience preferred.
Requires 2 years of experience in project accounting, preferably commercial real estate development.
Advanced Excel skills required.
Strong analytical and conceptual abilities.

Responsibilities

Prepare and complete weekly bank reconciliations for project accounts and resolve variances.
Review accounts payable coding and ensure compliance with fiscal policies.
Prepare monthly accounts payable listing and reconcile to trial balance.
Provide data to Controller for invoices and checks to maintain cash control.
Handle other A/P administrative responsibilities as assigned.
Collaborate with construction teams to ensure budgets vs. expenditures are accurate.
Coordinate with third parties to ensure timely progress payments to subs and vendors.
Prepare draw schedules and assemble draw packages for management review.
Ensure accuracy of Job Cost Reports including ACR and Contract Detail Report.
Reconcile draw requests to GL and project costs to date monthly.
Review Contracts and Change Orders; enter into Job Cost System.
Prepare and obtain lien waivers.
Monitor construction expenditures against budget.
Handle special projects and analysis as required.