Senior Real Estate Project Accountant (Cloud-Based)

Baker Tilly US; Frisco (TX); On-site; USD 49,500 - 118,990; Full time

Job summary

Baker Tilly in Frisco, TX is seeking a Senior Project Accountant to join our outsourced client accounting practice. In a cloud-based setting, you will serve as a Project Accountant for multiple real estate clients across the country, collaborating with a team of professionals to deliver accurate property accounting services.

The role offers growth within a fast-growing practice, with an emphasis on technology, automation and a healthy work/life balance.

Qualifications

• Three (3)+ years well-rounded experience in a Real Estate Accounting firm will provide an edge in joining this firm committed to quality client service.
• Bachelor’s degree in Accounting or related field; CPA is preferred
• Knowledge of accounting, bookkeeping and payroll principles related to classifying, recording, and summarizing data and making computations to compile and keep financial records.
• Real estate property accounting experience, preferred.
• Proficient with MS Office software

Responsibilities

• Coordinate Draw Request including, but not limited to Remittance Requests, Vendor Invoices, Lien Waivers, Change Orders and Identification of Funding Sources
• Roll forward the Sworn Owner’s Statements (SOS)
• Input hard costs and soft costs, including the construction management fees which are to be computed and an invoice prepared
• Identify reimbursement costs, batch all hard & soft costs in the SOS into a single batch
• Submit copies of the Draw Request to the inspecting architect, title company and Investors / Partners as directed for approval
• Request debt as per the client approved SOS
• Confirm all funds (e.g. Equity and Tenant Funds not directed to be deposited to the title company) have been received
• Prepare a Funding Request to fund Draw Request and submit for approval of same.
• Notify vendors of the release of funds as soon as the title company releases funds to vendors
• Review hard and soft costs on the Draw Request as follows; Identify each invoice with a draw number that corresponds to the Draw Request being issued; Review the coding on all vendor payments to ensure it is properly coded to the correct Fixed Asset (e.g. Land, Land Improvement, Bldg Improvement, Development Costs, Soft Costs, Lease cost or expense); Include the proper description on each invoice (e.g. General contractor, permits, consulting, engineering, utilities, etc.); Ensure proper Job Cost Code is inputted on each vendor payment; Ensure that the total to be funded on the SOS reconciles to the batch total in AvidXchange payment file prior to exporting the batch to Yardi; Review of Draw Request for accuracy and completeness ensuring that all vendor invoices reconcile to the SOS; Reconcile AvidXchange batch to the total that the title company is releasing. When the above is reconciled, export the batch from AvidXchange to Yardi; Record the Draw Request as follows; Record the wire tr
• Record the loan payable reconciles to the loan statement and post the interest payment in the general ledger module.
• Reconcile the general ledger (Fixed Asset -WIP accounts) to the cumulative Draw Requests, including all non-Draw related items (e.g. capitalized interest, capitalized depreciation & amortization, etc.)
• Deliver best-in-class customer service to clients at all times, with an emphasis on being responsive, timely, professional, and accurate.
• Utilize your entrepreneurial skills to network and build strong relationships internally and externally with clients and the community.
• Act as liaison to address and resolve client issues, and assist team leaders in researching and providing additional services to client.
• Continuously evaluate processes and procedures within the client services and implementation functions with emphasis on implementing efficiencies and identification of internal control issues.
• Assist with the training and counseling of team members, and with developing performance measures that support the team’s strategic direction. Assist in developing and maintaining a culture of teamwork, client service and effective problem solving.
• Comply with continuing education requirements; participate in professional organizations, independent study, etc. and integrate new knowledge and skills into daily work and share with colleagues as appropriate.
• Invest in your professional development individually and through participation in firm wide learning and development programs
• Support the growth and development of team members through the Baker Tilly Care and Teach philosophy, helping associates meet their professional goals
• Assist in ad-hoc projects and activities where necessary and/or appropriate to foster growth and best practices of the business unit

Skills

Real estate accounting

Collaboration

Analytical thinking

Attention to detail

Education

Bachelor’s degree in Accounting or related field

Tools

MS Office

Job description

Baker Tilly in Frisco, TX is seeking a Senior Project Accountant to join our outsourced client accounting practice. In a cloud-based setting, you will serve as a Project Accountant for multiple real estate clients across the country, collaborating with a team of professionals to deliver accurate property accounting services.

The role offers growth within a fast-growing practice, with an emphasis on technology, automation and a healthy work/life balance.