Project Accountant

REAL ESTATE DEVELOPMENT & CONSTRUCTION; Philadelphia (Philadelphia County); On-site; USD 75,000 - 115,000; Full time

Job summary

Enduring Development, LLC is seeking a Project Accountant to support the financial management of multifamily construction projects and assist with accounting across the organization’s entities.

In this role you will own project accounting functions, manage subcontractor billing and draws, produce monthly job cost reports, monitor budgets and commitments, process AP and POs, handle change orders and lien releases, and reconcile project costs to the general ledger while coordinating with

Qualifications

• Bachelor's degree in Accounting, Finance, Business, or a related field.
• Direct construction accounting experience is preferred.
• Hands-on experience with Procore and construction financial processes.

Responsibilities

• Maintain accurate financial records and job cost reporting for multifamily construction projects.
• Review project costs against budgets, commitments, contracts, PO0s, and approved change orders.
• Prepare and distribute monthly job cost reports, including budget-to-actual and committed-cost reporting.
• Perform monthly project and job cost reconciliations and investigate discrepancies.
• Maintain accurate project budgets and commitments within the accounting and construction management systems.
• Coordinate with project management and development teams regarding budget changes and project status.
• Collect, organize, and review monthly subcontractor AIA payment applications and documentation.
• Review subcontractor billing for accuracy, contract compliance, and current amounts due.
• Prepare project monthly draw packages and submit owner/developer draw requests.

Skills

Construction accounting experience

Procore experience

Education

Bachelor's degree in Accounting, Finance, Business, or a related field

Tools

Procore

Job description

Project Accountant – Multifamily Construction

Position Overview

We are seeking a Project Accountant to support the financial management and administration of multifamily construction projects while also assisting with accounting functions across multiple entities within the organization.

This position will work closely with the development, construction, and accounting teams and will have primary responsibility for project accounting, subcontractor billing administration, job cost reporting, construction draws, accounts payable, purchase orders, change orders, lien releases, and project reconciliations.

The ideal candidate has direct construction accounting experience, is highly organized, comfortable managing documentation and deadlines, and has hands‑on experience with Procore.

Key Responsibilities

Construction & Project Accounting

• Maintain accurate financial records and job cost reporting for assigned multifamily construction projects.
• Review project costs against budgets, commitments, contracts, purchase orders, and approved change orders.
• Prepare and distribute monthly job cost reports, including budget-to-actual and committed-cost reporting.
• Perform monthly project and job cost reconciliations and investigate discrepancies.
• Maintain accurate project budgets and commitments within the accounting and construction management systems.
• Coordinate with project management and development teams regarding budget changes, cost projections, commitments, and project financial status.
• Collect, organize, and review monthly subcontractor AIA payment applications and supporting documentation.
• Review subcontractor billing for accuracy, contract compliance, approved change orders, retainage, prior payments, and current amounts due.
• Prepare the project's monthly construction draw package from the construction/GC level to the ownership entity.
• Prepare and submit the corresponding owner/developer draw request to the construction lender.
• Compile all required lender backup, including invoices, AIA applications, lien releases, project cost reports, change order documentation, and other supporting schedules.
• Respond to lender, inspector, and ownership questions related to draw submissions and assist in resolving discrepancies.
• Reconcile funded draws to project costs and the general ledger.

Contracts, Purchase Orders & Change Orders

• Create, process, track, and reconcile project purchase orders and commitments.
• Process subcontractor and vendor change orders and ensure approved changes are accurately reflected in project budgets and commitments.
• Maintain organized documentation for contracts, purchase orders, change orders, and project-related financial records.
• Work with the construction team to identify outstanding commitments, pending change orders, and potential budget impacts.

Accounts Payable & Subcontractor Compliance

• Process construction-related accounts payable from invoice receipt through payment.
• Verify invoices against contracts, purchase orders, approved change orders, and supporting documentation prior to payment.
• Prepare and process vendor and subcontractor payments.
• Collect, review, and track conditional and unconditional lien waivers/releases in connection with project payments.
• Track subcontractor Certificates of Insurance (COIs) and follow up on missing, expired, or non-compliant certificates.
• Maintain subcontractor accounting and compliance documentation required for payment.
• Assist with subcontractor/vendor setup and maintenance.

General Accounting Responsibilities

In addition to construction project accounting, this position will support accounting activities for the company and its affiliated entities, including:

• Complete monthly company credit card reconciliations.

Qualifications

• Bachelor's degree in Accounting, Finance, Business, or a related field preferred.

Company Policy/Compliance:

Follow all company policies and procedures on payment terms including turning in time sheets, and filling out tax documents to comply with all laws concerning employment to include but not limited to: I-9 information, federal laws governing taxes, etc.

The company does not tolerate harassment or any unlawful discrimination and/or gestures of any kind including but not limited to; bulling, sexual harassment, racial comments, etc.Any such action will be reported to management immediately.

Confidentiality of company records and information at all times

Maintain a professional image

Equal Opportunity Employer:

Enduring Development, LLC is an equal opportunity employer. We encourage applications from candidates of all backgrounds and experiences.