Project Accountant I

Join Our Team at The Douglaston Companies

What We Are Looking For

At The Douglaston Companies, collaboration is at the heart of everything we do. We believe that great ideas come from working together, sharing perspectives, and supporting one another to achieve common goals. We’re excited to announce an opportunity for a Project Accountant II to join our dynamic team.

Why Choose The Douglaston Companies?

Continuous Learning and Development: Your growth matters to us. We offer ongoing professional development through in-person and virtual training programs designed to sharpen your skills and help you thrive.

Community Commitment: We don’t just build properties—we build communities. Our team actively gives back, creating meaningful impact and building a better tomorrow, together.

Career Advancement: This isn’t just a job, it’s a career. We invest in your personal and professional growth because we know that when our people succeed, we all succeed.

Back To The Role

Reporting to the Controller, the Project Accountant I manages the accounting life cycle of highly complex projects with a high level of proficiency, accuracy and understanding of construction accounting reporting. Ability to express themselves verbally and written in a clear concise manner and be highly organized.

Essential Duties And Responsibilities

• Basic understanding of the general ledger and subsidiary ledgers & the effects of entries
• Ability to review and familiarize self with subcontractor and owner agreements regarding funding requirements
• Perform overall reporting and accounting on multiple projects according to deadlines
• Collaborate with the project team to review, approve, and submit subcontractor SOV's & subcontractor invoices in Procore
• Creates timely and accurate monthly requisition reports for review then submission to owner and lender for monthly funding
• Prepare and/or review monthly general conditions report for inclusion in monthly requisition report
• Review and approval in Procore of ERP feed for consistent and accurate allocation of budget and cost including contracts, change orders and subcontractor requisitions
• Enter owner change orders into Sage Intacct
• Prepare ACR budget reporting, providing guidance and feedback to project team for quarterly review with PX, PM, CEO & CFO
• Maintain budget vs actual monthly general conditions report for quarterly analysis with PX, PM, CEO & CFO
• Create project cash flows, updating and reallocating monthly based on schedules and trends reviewing with CFO, PX & Owners when required
• Creates and initiates EFTs to subcontractors following EFT fraud checklist approval process
• Perform reconciliations for bank, impress and job cost reports
• Assist in training and developing junior project accountants
• Record monthly project accounts receivable and cash receipts
• Reconcile and review project accounts payable monthly
• Perform other duties as assigned by management
  
  

Qualifications And What We Offer

What You Should Have

• Bachelor’s Degree in Accounting or Finance preferred
• 2-5 years of Accounting/Finance experience
• Microsoft Office Suite and Advanced knowledge in Microsoft Excel (Excel Certified preferred)
• Sage Intacct and Procore a
• Must possess excellent communication and critical thinking skills, strong analytical skills.
• Must be highly organized with attention to details, results oriented and capable of multi-tasking in a fast-paced environment with changing priorities
• Ability to communicate effectively, both verbally and written
• Ability to safely navigate a construction site which includes the following: climbing ladders and stairs, use of job hoists, inclement weather conditions, hazardous/cluttered and dark areas, etc.
  
  

Salary Range

$78,000 - $95,000 Annually

Actual compensation packages are based on several factors that are unique to each candidate, including but not limited to skill set, depth of experience, certifications, and specific work location. This may be different in other locations due to differences in the cost of labor.

Benefits

• Health benefits package including medical, dental & vision plans
• Financial wellness perks to set you up for success - such as 401(k), FSA & HSA, employer-paid life insurance (basic- with option to purchase more); paid leave & disability programs.
• Pet insurance for our furry family
• Mental health resources, such as counseling, are available to our team members
• Time off- Paid Vacation time, Paid Holidays, Paid Sick days
• Employee Referral Program
• Tuition & certification Reimbursement
• Hybrid work schedule with 4 days in office and 1 day remote (subject to your work location and role).
• Ask our recruiting team for more information!
  
  

Our Companies

Since 1979, The Douglaston Companies have been at the forefront of building some of the most exciting, transformative projects in New York City and beyond. Comprised of three vertically integrated companies, The Douglaston Companies lead projects through the complete lifecycle, from development to construction, and property management. Together, the companies have brought more than 15,000 apartments to fruition and completed more than $4 Billion of development. Throughout every project we build and manage, The Douglaston Companies remain committed to founder Jeffrey Levine’s original vision: to revitalize and grow neighborhoods one building, one block, one community at a time.

• Douglaston Development: The driving force of our organization, Douglaston Development spearheads property acquisition and development strategies, while fostering relationships with stakeholders and working closely with communities to develop best-in-class properties.
• Levine Builders: Our construction management arm leads everything from pre-construction and construction management to final commissioning and close out, bringing the company's projects to fruition.
• Clinton Management: Clinton Management provides comprehensive property management services for developments completed by Douglaston Development and constructed by Levine Builders. Clinton oversees our diverse portfolio of moderate-income housing, luxury apartments, commercial, and retail properties
  
  

If you are looking for your next challenge, then this is your chance to join our team of exceptionally talented, creative, and innovative professionals. We want you!

Diverse candidates are encouraged to apply! The Douglaston Companies is proud to be an inclusive Equal Opportunity Employer, committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination based on any legally protected status or protected characteristic, including, but not limited to an individual’s sex, race, color, ethnicity, ancestry, national origin, age, religion, gender identity or expression, sexual orientation, genetic information, medical condition, disability, marital status, caregiver status, pregnancy, citizenship, military or veteran status.