Project Accountant

Position Summary

The Project Accountant will be responsible for the accounting, financial tracking, and reporting of the Company's real estate investments, acquisitions, development projects, and other special projects. The position will work closely with the Controller, project managers, contractors, vendors, and other stakeholders to ensure costs are accurately recorded, properly classified, and monitored against approved budgets. The Project Accountant should provide management with a clear and timely understanding of the financial position of each company and project, what has been spent, what has been committed, what remains in the budget, and what each project is expected to ultimately cost.

Key Responsibilities

• Set up and maintain accounting systems for new companies, projects, and real estate entities.
• Establish and maintain appropriate general ledgers, chart of accounts, financial reporting structures, and accounting procedures.
• Assist with establishing accounting processes and internal controls for newly formed entities and projects.
• Prepare and maintain monthly financial statements and management reports for assigned companies and projects.
• Track project budgets, actual costs, commitments, purchase orders, contracts, and change orders.
• Review and code project invoices and ensure proper approvals and documentation.
• Prepare budget-to-actual reports and identify significant variances.
• Track estimated costs to complete and projected total project costs.
• Assist with real estate acquisition and development accounting.
• Assist with construction draws and project cash flow forecasting.
• Reconcile bank, general ledger, and project accounts and prepare related journal entries and accruals.
• Work with project managers and vendors to resolve billing and cost issues.
• Maintain organized financial records and supporting documentation for each entity and project.
• Prepare financial reports for management, ownership, and other stakeholders.
• Assist the Controller with month-end closing, year-end reporting, and other accounting needs.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field preferred.
• 3–5 years of accounting experience preferred.
• Experience with real estate, project, construction, or development accounting strongly preferred.
• Experience setting up accounting systems, general ledgers, and financial reporting for new entities is a plus.
• Strong Excel and accounting software skills.
• Excellent analytical, organizational, and communication skills.
• Strong attention to detail and ability to manage multiple entities and projects.

Please note that the duties and responsibilities listed in this job description are not intended to be all-inclusive. Employees may be required to perform other job-related duties and responsibilities, including essential functions, as assigned by their manager or the Company based on business needs.