Project Accountant

Kushner; Florham Park (NJ); Hybrid; USD 80,000 - 120,000; Full time

Job summary

Kushner is seeking a detail-oriented Project Accountant to support the Development Controller, handling project accounting across multiple development phases. You will perform bank reconciliations, AP coding, monthly closings, and draw package preparation to ensure accurate cash control and timely payments.

The role requires 2 years of project accounting experience, advanced Excel skills, and familiarity with Yardi Construction.

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 skillset in Excel required.
• Strong conceptual and analytical skills.

Responsibilities

• Prepare and complete weekly bank reconciliations for project accounts, ensuring accuracy and prompt resolution of variances.
• Review proper coding and input of accounts payable at the properties, ensuring fiscal policies are followed.
• Prepare an accounts payable listing at closing each month, check against the trial balance, and share with staff accountant for monthly files.
• Provide data to the Controller regarding invoices processed and checks written to maintain proper cash control.
• Handle other A/P related administrative responsibilities as assigned.
• Work with construction administration to ensure budget vs expenditures in the system and progress billings are up to date.
• Coordinate with third party entities to insure timely progress payments to subcontractors and vendors; may contact contractors for data.
• Prepare summary draw schedules and assemble the draw package for management review; reconcile entries for audit and reporting.
• Ensure accuracy of Job Cost Reports including ACR and Contract Detail Report.
• Reconcile the draw requests to GL including Project Costs to date monthly.
• Review Contracts and Change Orders; enter in Job Cost System.
• Prepare and obtain all lien waivers.
• Monitor construction expenditures compared to budget.
• Undertake special projects and analysis as required.

Skills

Advanced Excel

Analytical thinking

Strong accounting fundamentals

Education

Bachelor’s degree in accounting

Tools

Yardi Construction

Job description

This position is responsible for working with the project accounting team and Development Controller to perform accounting duties and responsibilities for multiple development projects in various phases of construction.

RESPONSIBILITIES

• Prepare and complete weekly bank reconciliations for project accounts, ensuring accuracy and prompt resolution of variances.
• Review of proper coding and input of accounts payable at the properties, ensuring that fiscal policies are followed. Be familiar with the accounts utilized to provide an adequate basis for reviewing the coding of invoices and bring any deficiencies to the attention of the appropriate personnel.
• Prepare an accounts payable listing at closing each month, check agreement to the accounts payable account on the trial balance and then provide a copy to the appropriate staff accountant for inclusion in the monthly entity files.
• Provide the necessary data to the Controller regarding invoices being processed and checks written for them to maintain proper cash control.
• Handle other A/P related administrative responsibilities as assigned on the team.
• Work closely with the construction administration and supervision personnel to ensure that the construction budget and actual expenditures information in the system and on the progress billings is accurate and up to date.
• Work closely with the construction administration and supervision personnel in co-ordination with third party entities to insure the efficient and timely handling of progress payments to sub-contractors and other vendors. May directly be in contact with contractors for required data.
• Prepare summary draw schedules, and assembly of the draw package for review by management. Also, reconciliation of entries and schedules for audit and reporting purposes. Ensure all required documents have been gathered by all consultants, subcontractors, etc. prior to bank or other submission.
• Ensure accuracy of Job Cost Reports including ACR and Contract Detail Report.
• Reconcile the draw requests to GL including Project Costs to date on a monthly basis.
• Review Contracts and Change Orders; enter in Job Cost System.
• Prepare and obtain all lien waivers.
• Monitoring of construction expenditures compared to budget.
• Special projects and analysis as required.

REQUIREMENTS

• Requires Bachelor’s degree in accounting.
• Yardi Construction software experience preferred.
• Requires 2 years of experience in project accounting, preferably commercial real estate development.
• Requires advance skillset in Excel.
• Requires strong conceptual and analytical skills.

What We’re Looking For:

• A sharp, analytical thinker with a strong grasp of property accounting fundamentals
• Someone who brings urgency, ownership, and accountability to their work
• A self-starter who thrives in a high-performance, team-oriented environment

Ready to join a company that values your expertise and empowers you to make an impact?