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Construction Analyst
Skills
4 days ago
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Important information
Contract type:
Permanent
Location:
Bengaluru, Karnataka, India
Work mode:
Onsite
Published on:
17 October 2026
What they need
Position Summary:
The Construction Accountant is responsible for supporting the financial management, reporting, and controls
associated with construction, development, and capital projects across a real estate portfolio. This role ensures the
accurate tracking of project costs, commitments, contracts, invoices, draws, and capitalization activity while
partnering closely with development, project management, and finance teams. The ideal candidate brings solid
accounting fundamentals, attention to detail, and the ability to manage multiple projects in a fast-paced environment.
This is an exciting opportunity to contribute to transformative projects with a leading organization in the office real
estate sector.
Key Accountabilities:
Month-End Close and Financial Reporting
Responsible for the monthly, quarterly and year-end general ledger close for assigned portfolio of
properties related to construction accounts and activities
- Prepare journal entries, accruals, and account reconciliations related to construction activity,
including fixed asset roll-forward schedules for reimbursable depreciation on capital projects, and a
reconciliation of the fixed asset subledger to the trial balance
Assist in preparing internal financial reports and analysis for financial and development leadership
Project and Job Cost Accounting
Maintain accurate accounting records for construction, development, and capital projects, including
track project budgets, commitments, actual costs, change orders, and contract balances in the job
cost system
- Ensure project costs are properly coded, recorded, and allocated to the correct jobs, entities, cost
categories and phases
- Monitor construction-in-progress accounts, support capitalization and fixed asset setup upon
project completion and placed into service
Invoice Processing, Support, Reconciliations and Reporting
Ensure accuracy by reviewing supporting documentation for invoices, payment applications,
waivers and other support presented for timely third-party payment
- Support lender and equity draw processes by preparing schedules, compiling backup
documentation, and reconciling project costs
- Prepare monthly project cost reports, budget-to-actual analyses, and financial support schedules
- Monitor and reconcile construction accounts, commitments, accrued expenses, and other project-
related balances, and investigate and resolve discrepancies in project financial data
Cross-Functional Partnership
Partner with development and operations project leads, accounts payable, project admins and
finance teams to ensure accurate and timely reporting
Communicate project accounting issues, risks, and status updates clearly to stakeholders
Support process improvements that enhance reporting, efficiency, and financial accuracy
Maintain organized documentation to support internal controls, audits, and year-end reporting
requirements for financial reporting
Required Experience:
Education
University/College Accounting degree consistent with local market expectations for role
Accounting certifications consistent with local market expectations for role
Experience
4 plus years of accounting experience required
Experience with month-end closing activities and financial reporting processes required
Familiarity with construction draws, pay applications, retainage, and change order tracking is
preferred
- Experience in construction accounting, project accounting, real estate accounting, or development
accounting is preferred
- Experience with job costing, capital projects, budget tracking, invoice processing, and
reconciliations is preferred
- Experience in a GCC (Global Capability Center), shared services, or BPO environment supporting
a US-based team is strongly preferred
Technical Skills
Financial Analysis: Ability to analyze, interpret and communicate project financial data
US GAAP Proficiency: Understanding of basic accounting principles and ability to apply them to
day-to-day responsibilities
- Knowledge of Department Policies, Processes and Procedures
- Software Tools & Applications: MS Office Excel Proficiency, including strong excel skills, and
familiar ERP/accounting systems, such as MRI and Oracle is preferred
Critical Competencies for Success:
- Attention to Detail: Maintains a high level of accuracy in job cost tracking, invoice review, reconciliations,
and reporting. Ensures financial information is complete, well-supported, and reliable
- Analytical Thinking: Analyzes project budgets, variances, and cost activity to identify issues, trends, and
opportunities for improvement
- Communication and Collaboration: Communicates clearly and professionally across all departments and
builds strong working relationships and partners effectively across teams to support project execution and
reporting accuracy
- Organization and Time management: Effectively manages multiple projects, deadlines, and competing
priorities while maintaining strong follow-through and responsiveness
- Accountability: Takes ownership of assigned projects and accounting processes, ensuring deliverables are
completed accurately and on time
- Adaptability: Thrives in a dynamic, fast-paced environment and adjusts effectively to changing project
timelines, priorities, and business needs. Able to work effectively across time zones
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