What are the responsibilities and job description for the Senior Project Accountant (Accounting) position at Recruitment Team?
At L M Development Partners, working together to build stronger communities is our mission. Our double bottom line philosophy means that we measure success not only in financial returns but also by the positive impacts we make in the communities we serve.
Founded in 1984, L M is a full-service real estate development firm that develops, invests, constructs, and manages properties with industry-leading innovation in a variety of urban markets nationwide, primarily in the New York Tristate Area. Recognized as one of the top affordable housing developers in the country, L M and its affiliate companies are responsible for approximately $20 billion in development and investment, and combined have over 57,000 high-quality residential units in construction or that have been acquired, preserved, or completed.
Please visit our website for more information: http://lmdevpartners.com. To learn more about our mission and values, go to https://lmdevpartners.com/mission-and-values/
Senior Project Accountant
Areas of Responsibilities:
- Contracts: Acquire and review all development contracts and construction subcontracts, including all supporting information.
- Contracts: Enter and / or review contract detail in Intacct and / or Procore.
- Contracts: Monitor commitments and review with Project Managers.
- Billing: Interact with Project Managers to acquire information to generate all monthly construction billings to developers.
- Billing: Enter data, print, and review monthly AIA billings.
- A/P: Data entry, review, and payment of subcontractor requisitions and other construction and development invoices using Timberscan and Sage 300 / Timberline for major ground-up construction and preservation projects.
- A/P: Code invoices for vendor ID, job number, commitment, et. al. and match invoices to each contract or subcontract and attach related supporting documentation.
- A/P: Review insurance certificates to ensure contract compliance.Bank loan draws: Prepare monthly loan draw packages for bank.
- Financial reporting
- Accounting: Reconcile vendor records with ours, including loan balances.
Accounting: Post entries as well as perform various ad hoc projects. - Interact with construction and development Project Managers, in-house insurance group, and vendors to answer questions and resolve any discrepancies and / or issues.
Job Requirements:
- Intacct, Titanium, Sage 300/Timberline, and Timberscan experience preferred.
- Work independently with minimal supervision / guidance for most tasks.
- Ability to draw on experience to provide thoughtful suggestions for process improvements.
- High level of attention to detail and accuracy.
- Ability to handle and prioritize multiple tasks and meet all deadlines on complex projects.
- Good communication and interpersonal skills.
- Excellent problem solving / judgment skills.
- Strong organizational skills and the ability to work under pressure.
- Proficiency in all MS Office programs including Excel
- Construction and / or Developer experience strongly preferred.
Education Requirements:
- Bachelor’s degree in Business Administration/Accounting desirable.
- Master’s degree in Accounting or Business preferred.
Years of Industry Experience Required:
- Minimum 7 years related or relatable experience.
L M offers competitive compensation and benefits and tremendous potential with a growing residential real estate developer/builder organization.
L M is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
Disclaimer: Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.
Salary : $112,844 - $135,412