Junior Project Accountant

GFP Real Estate; New York (NY); On-site; USD 85,000 - 100,000; Full time

Benefits offered by this job

Annual bonus

Full benefits package

Job summary

GFP Development in New York is seeking a Junior Project Accountant to support the development team with project tracking, cost management, and documentation. You will liaise between Project Management and Accounting to ensure accurate, timely financial data and compliant processes across multiple high-quality projects.

The role requires at least 2 years in project accounting, strong Excel skills, and familiarity with Yardi Voyager.

Qualifications

• Minimum of 2 years in project accounting.
• Proficient in Microsoft Office; Yardi Voyager experience required.
• Familiar with construction accounting and job costing.

Responsibilities

• Monitor project timelines and track progress.
• Enter and verify vendor invoices in Yardi Voyager.
• Manage project budgets, change orders, and cost codes.
• Maintain project documentation and compliance.
• Coordinate with Development and Accounting teams.

Skills

Project accounting

Communication skills

Microsoft Excel

Tools

Yardi Voyager

ERP systems

Job description

GFP Development is seeking a highly organized and detail-oriented Junior Project Accountant to support our development team in delivering complex, high-quality projects for a best-in-class real estate developer.In this role, you will monitor project timelines, manage critical documentation, and serve as a vital financial liaison between Project Management and Accounting. The ideal candidate thrives in a fast-paced environment, possesses strong communication skills, and has a solid foundational understanding of construction workflows, job costing, and project administration.

Key Responsibilities

• Project Tracking & Coordination: Support project scheduling by monitoring timelines and deadlines. Follow up with project managers and internal teams on outstanding action items.
• Documentation & Compliance: Maintain accurate, organized, and accessible project records (including contracts, change orders, budget reports, and progress updates).
• Ensure strict adherence to vendor agreements, affidavits, and lien waivers.
• Track all contracts and change Orders for all the projects. Work with Project Management Team to review and execute them. Update Change order spreadsheet and attend weekly meetings. Once approved by our project team, enter in Yardi.
• Financial & Cost Management: Review project budgets, vendor proposals/bids, change orders, and invoices within the financial system.
• Enter vendor invoices in Yardi Voyager with accurate project and cost code allocations.
• Investigate vendor statements against accounts payable ledger, reaching out to vendors regarding discrepancies.
• Support project accounting teams in collecting lender and owner-required documentation for monthly reporting.
• Enter and process reimbursable expenses for development team.
• Reconciliation & Reporting: Reconcile project costs, investigate variances, and resolve discrepancies between budgets, commitments, and actual costs.
• Prepare additional project reports as requested.
• Cross-Functional Liaison: Act as the primary bridge between Accounting and the Development teams while maintaining professional communication with external vendors and clients.
• At the direction of the Project Executive, order incidental materials and tools for the field.
• At the direction of the Project Executive, schedule meetings for project teams as required.

Permits: DOB permit applications – online support and payment.Assist in obtaining necessary permits and approvals, and e-sign DOB Fillings.

Project Closeout: Assist with financial project closeout.

Any change in process suggested by Development Controller and approved by Head of Development & Executive Project Team must be adhered to.

Qualifications & Experience

• Experience: Minimum of 2 years of experience in project accounting.
• Technical Skills: Proficient in Microsoft Office Suite, including Word, Excel, and Outlook. Experience with project management and ERP systems preferred; Yardi Voyager experience required.
• Industry Knowledge: Strong familiarity with construction documentation, terminology, permitting processes, and the fundamentals of construction accounting/job costing/budget management

Core Competencies

• Organization: Exceptional time management and organizational skills with a proven track record of managing multiple projects and tight deadlines simultaneously.
• Attention to Detail: High level of accuracy in financial tracking, document management, and analytical problem-solving.
• Adaptability: Ability to multitask and problem-solve effectively in a fast-paced environment with shifting priorities.

Compensation

Salary ranges from $85,000-$100,000. Actual base salary will be determined based on individual’s experience, skills, and qualifications. In addition, employees are eligible for an annual discretionary bonus and full benefit package.