Real Estate Project Cost Accountant

Carolina Professional Recruiting Group; Charlotte (NC); On-site; USD 70,000 - 90,000; Full time

Job summary

Real estate development organization is looking to add a Cost Accountant to support project accounting, cost tracking, budgeting and financial reporting. The role collaborates with project management and accounting teams to improve cost tracking and reporting across development projects.

The position involves preparing monthly reconciliations, construction draw packages and supporting schedules for leadership, lenders and equity partners.

Qualifications

• 3+ years of project accounting, cost accounting or related experience preferred.
• Understanding of job costing, project budgets and general accounting principles.
• Experience with general ledger accounting, account reconciliations, accounts payable and financial reporting.

Responsibilities

• Track and manage costs for development projects, including pre-development and construction costs.
• Partner with project managers to establish and monitor project budgets and cost allocations.
• Review invoices for correct coding and allocation to projects and accounts.
• Prepare monthly reconciliations of project activity, GL accounts and bank statements.
• Prepare monthly construction draw packages with budgets, invoices and lien waivers.
• Monitor project expenditures, outstanding invoices and funding activity.
• Prepare financial reports and schedules for leadership, lenders and equity partners.
• Assist with cost calculations for management fees and related accounting.
• Maintain capital expenditure tracking and amortization schedules.
• Collaborate to improve cost tracking, reporting and efficiency.
• Participate in accounting system enhancements to support growth.

Skills

Project accounting

Cost accounting

Budgeting

Financial reporting

Excel proficiency

Analytical skills

Collaboration

Communication

Education

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

Tools

Excel

Accounting systems

Job description

Real estate development organization is looking to add a Cost Accountant to support project accounting, cost tracking, budgeting and financial reporting. The role collaborates with project management and accounting teams to improve cost tracking and reporting across development projects.

The position involves preparing monthly reconciliations, construction draw packages and supporting schedules for leadership, lenders and equity partners.