Senior Project Accountant

Buckingham Companies; Indianapolis (IN); On-site; USD 70,000 - 95,000; Full time

Job summary

Buckingham Companies in Indianapolis seeks a Senior Project Accountant to manage construction draw processes for multiple projects, focusing on multi-family housing. You will review pay apps, process draws for banks, and ensure timely payments to contractors.

The role includes fixed asset reconciliation, closing coordination with the property staff accountant, and monthly reporting to owners. Strong Excel and construction accounting software experience required.

Qualifications

• 5+ years of accounting experience, construction accounting preferred.
• Bachelor's degree in accounting (4-year) preferred.
• Strong oral and written communication skills.

Responsibilities

• Prepare monthly general contractor and development draws for lender funding.
• Coordinate funding of development draws with lenders and submit required documents.
• Record construction draw activity (cash) in the general ledger.
• Review draw requirements with the Project Manager prior to draw.
• Prepare fixed asset reconciliation and closing entries after project completion.
• Coordinate closing with property staff accountant.
• Communicate draw cash requirements with Controller.
• Assist with year-end audit preparations.
• Provide certificates of insurance to owners as requested.
• Maintain vendor, customer and job files.

Skills

Excel

CSI code classification

AIA Standard forms

Education

4-year accounting degree

Tools

Viewpoint Vista

Job description

Overview

The Senior Project Accountant shall be responsible for construction draw process for multiple construction projects with heavy emphasis on multi-family housing projects. The draw process includes reviewing draw information from contractors, processing draw for submission to the banks, and processing payment to the contractors. Prepare fixed asset reconciliation and closing entries after the completion of the project and coordinate the closing with the property staff accountant. Processing monthly reporting to owners.

Qualifications

Training/Education

• 5 plus years of accounting experience, prior construction accounting experience preferred
• 4-year accounting degree preferred
• Good oral and written communication skills

Experience/Skills

• Ability to develop spreadsheets in Excel
• Minimum 2-Years' Experience with construction related accounting software, Viewpoint Vista preferred.
• Minimum 2-Years' Experience with standard CSI code classification and AIA Standard forms

Responsibilities

• Prepare monthly general contractor and development draws to be submitted to the appropriate lender for funding. This will consist of reviewing all pay applications and material invoices to ensure payments are processed in accordance with work completed.
• Coordinate the funding of all development draws with each lender. Ensure that all bank draw requirements and documentation (affidavit, waivers, insurance cert, contracts, invoices) are submitted properly.
• Record all construction draw activity (cash) with the appropriate general ledger entries.
• Review all draw requirements with the Project Manager prior to the beginning of the draw process.
• Prepare fixed asset reconciliation and closing entries after completion of the project and coordinate the closing with the appropriate property staff accountant.
• Communicate all draw cash requirements (overages / shortages) with Controller
• Assist with year-end audit preparations
• Provide Certificates of Insurance to owners as requested;
• Maintain Vendor, Customer and Job files
• Record cash receipts;
• Process A/P check runs;
• Other duties as assigned by supervisor

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