Senior Project Accountant

J. Shaw Enterprises

Boston (MA)

On-site

USD 95,000 - 135,000

Full time

36 hours ago
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Job summary

J. Shaw Enterprises is seeking a Senior Project Accountant to manage accounting for development and construction projects across multiple locations.

The role serves as the primary liaison to the D&C leadership and requires office presence 3+ days a week. Responsibilities include lead accounting for projects, managing budgets and cash flow, processing lender draws, reviewing invoices, and preparing monthly financial reports using Procore and MRI.

Qualifications

  • Bachelor’s degree in accounting, finance, or related field.
  • 5+ years of accounting experience, including 3+ years in construction or development.
  • Proficiency with Excel and project accounting systems.
  • Exceptional attention to detail, organizational skills, and ability to manage multiple projects simultaneously.

Responsibilities

  • Serve as the accounting lead for all development and construction projects within the assigned portfolio.
  • Help establish and reinforce best practices in project accounting controls, policies, and procedures.
  • Import developers' budgets into Procore and assist in preparing, reviewing, and updating project budgets, including hard costs, soft costs, and contingencies, while tracking and forecasting cash flow.
  • Track and assist in managing budgets, commitments, invoices, and actual costs across multiple development projects.
  • Draw processing to the lender or funds; prepare and submit lender draw requests with all required documentation.
  • Review and validate contractor/vendor invoices, contracts, and change orders; coordinate approvals with VPs, contractors, and accounting teams.
  • Track submissions through funding and reconcile draw proceeds against project budgets and accounting records.
  • Process vendor payments promptly after funding; maintain regular communication with lenders.

Skills

Attention to detail
Organizational skills
Multi-project management
Excel proficiency
Project accounting

Education

Bachelor's degree in accounting/finance

Tools

Excel
Procore
MRI

Job description

Our Client is an affiliate of a real estate private equity firm and is a dedicated property services, development, and construction management organization that serves commercial, industrial, and residential properties in select markets throughout the United States. The firm employs a responsive, tailored approach and the most current technologies to ground-up developments, property, and relationship management in order to deliver best-in-class expertise, customized service, and value-add outcomes across its portfolio. Since inception, the firm has provided property management, project management, ground-up development, and other services to properties representing approximately 62 million square feet.

The Development and Construction team is dedicated to managing ground-up development, tenant improvements, and capital expenditure projects within the portfolio, providing best-in-class expertise and value-add outcomes. The D&C team is seeking a Senior Project Accountantwho will manage multiple projects across various locations and serve as the primary

liaison to the Vice Presidents of the D&C team. They will be in the office 3+ days a week.

Key Responsibilities
  • Serve as the accounting lead for all development and construction projects within the assigned portfolio
  • Help establish and reinforce best practices in project accounting controls, policies, and procedures to ensure draw packages submitted to project lenders align with ownership objectives
  • Import developers' budgets into Procore (the construction software platform) and assist the D&C VPs in preparing, reviewing, and updating project budgets, including hard costs, soft costs, and contingencies, while tracking and forecasting cash flow to ensure financial stability
  • Track and assist in managing budgets, commitments, invoices, and actual costs across multiple development projects
  • Draw processing to the lender or the RP funds:
  • Prepare and submit lender draw requests with all required documentation (invoices, lien waivers, pay applications, schedules of values, etc.)
  • Review and validate contractor/vendor invoices, contracts, and change orders
  • Coordinate approvals with D&C VPs, contractors, and accounting teams; resolve discrepancies as needed
  • Track submissions through funding and reconcile draw proceeds against project budgets and accounting records
  • Process vendor payments promptly after funding (via check, ACH, or wire)
  • Maintain regular communication with lenders to ensure compliance and address inquiries
  • Liaise with investment deal teams to ensure cash flow projections and payment advances are scheduled, monitored, and executed as planned
  • Prepare monthly or quarterly financial reports and cash flow projections for development projects
  • Leverage and become proficient in construction accounting systems, including Procore and MRI
  • Work with the D&C Executive Vice President to update the Work in Progress (WIP) report bi-monthly across all projects in the D&C portfolio
Qualifications
  • Bachelor’s degree in accounting, finance, or related field
  • 5+ years of accounting experience, including 3+ years in construction or development
  • Proficiency with Excel and project accounting systems
  • Exceptional attention to detail, organizational skills, and ability to manage multiple projects simultaneously
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