Senior Associate, Construction Cost Accountant

KPMG LLP; New York (NY); On-site; USD 90,000 - 130,000; Full time

Job summary

KPMG LLP is seeking a Senior Associate, Construction Cost Accountant to join our Real Estate Services group in New York. You will prepare and maintain financial reports for capital projects, manage TIAs, and support project closeout with accurate data across systems.

You will collaborate with architecture, construction managers, Lease Administration, and finance teams to analyze costs and forecast variances, ensuring compliance with standards and firm policies.

Qualifications

• 3+ years of experience in construction cost accounting or related finance
• Bachelor’s degree in Accounting or related field
• Proficiency with Sage Timberline, SAP, Excel, Power BI is a plus

Responsibilities

• Prepare and maintain financial reporting for capital projects
• Manage tenant improvement allowance programs (TIAs) including draw packages and portfolio reporting
• Maintain project financial data in Sage Timberline, SAP, and other platforms
• Process purchase orders, invoices, change orders, and vendor records
• Collaborate with project managers, Lease Administration, Finance & Accounting, Tax, landlords, vendors and stakeholders
• Prepare dashboards and ad hoc analysis for construction projects and portfolios

Skills

Cost accounting

Construction finance

Excel modeling

Data analysis

Education

Bachelor's degree in Accounting

Tools

Sage Timberline

SAP

Power BI

Job description

KPMG is currently seeking a Senior Associate, Construction Cost Accountant to join our Real Estate Services organization.

Responsibilities

• Prepare and maintain financial reporting related to capital projects, including weekly project budgets, monthly accruals, capital project updates, project financial summaries, forecast analysis, and budget-to-actual variance reporting; ensure compliance with applicable accounting standards and firm policies
• Manage tenant improvement allowance (TIA) programs, including preparation and submission of draw packages, collection tracking, supporting documentation, landlord reimbursement follow-up, and portfolio reporting
• Maintain and update project financial data and tracking systems, including Sage Timberline, SAP, and other firm platforms; input and manage job entries, approved budgets, forecast updates, transaction approvals, and related project details while ensuring accuracy, completeness, and adherence to policies and procedures
• Support preparation, processing, reconciliation, and tracking of purchase orders, invoices, change orders, vendor records, and project-related financial transactions; resolve vendor-related issues and ensure required documentation is accurate, complete, and properly maintained
• Partner with Architecture & Construction project managers, Lease Administration, Finance & Accounting, Tax, landlords, vendors, and other stakeholders to analyze project costs, investigate discrepancies, resolve financial issues, communicate potential cost overruns or forecast concerns, and support timely project closeout
• Prepare recurring and ad hoc analysis, dashboards, and reporting tools related to construction projects, capital investments, and portfolio-level activity; identify opportunities to improve reporting effectiveness, automate manual processes, enhance data quality
• Act with integrity, professionalism, and personal responsibility to uphold KPMG’s respectful and courteous work environment

Qualifications:

• Minimum three years of recent experience in construction project cost accounting, capital project finance, project accounting, or corporate real estate finance, preferably within a corporate real estate organization or with large-scale construction projects
• Bachelor's degree from an accredited college or university in Accounting, Finance, Real Estate, Construction Management, Business Administration, or a related field
• Proficiency with Sage Timberline, SAP, project cost accounting systems, or similar financial/project management platforms; advanced Microsoft Excel skills, including data analysis and financial modeling; experience with Power BI, automation tools, or AI-enabled productivity tools is preferred
• Strong knowledge of Generally Accepted Accounting Principles, construction accounting principles, budgeting, forecasting, variance analysis, and construction industry standards and practices
• Excellent analytical, organizational, communication, relationship management, and problem-solving skills, with strong attention to detail and accuracy; ability to identify trends, communicate financial insights, manage multiple priorities, and collaborate effectively with project managers, contractors, vendors, finance professionals, and other stakeholders
• Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future; KPMG LLP will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa)