Corp Accountant II

Description

• Track, prepare, and manage prime subcontractor and lower tier supplier unconditional and conditional lien waivers related to progress and final payments
• Prepare complicated monthly journal entries, accruals, and reconciliation reports
• Reconciling and preparing the general ledger and providing full documented support for the reported balances
• Performs all other duties as necessary to ensure sound accounting practices at the assigned properties
• Reconcile account balances, calculate figures and amounts, and apply basic math concepts.
• Participate in preparing and auditing materials requiring analysis of supporting documents and ensures that all necessary entries are input into accounting system accurately
• Overseeing compliance with regulatory requirements and coordinate audits
• Generate and issue various reports to stakeholders and affiliates within the required due date parameters
• Creating monthly funding request packages while maintaining oversight of project budget
• Process subcontractor monthly billings and ensure timely payment, providing analysis on trends and cost saving opportunities
• Retrieve information for investor capital contribution requests and loan conversions in order to facilitate completion of transaction
• Lead assigned projects from corporate accounting throughout construction and place-in-service phases until stabilization, ensuring a smooth handoff to property management accounting department.
• Participate in the closing of various real estate transactions including land acquisition, bond financing, permanent loan conversion, and asset disposition
• Participate in department and company initiatives related to IT and process improvement
• Rapid turnaround of inquiries from internal parties as well as external vendors, lenders, and investors to ensure timely funding of construction draw requests.
• Maintaining balances in bank accounts in accordance with liquidity requirements
• Liaison between lender, investor and USA in conjunction with accurate processing of monthly funding requests
• Work closely with project managers and development managers to reconcile and analyze job cost sources and uses budgets
• Produce monthly capital requests for preconstruction projects governed by cost sharing development agreements
• Preparation of comprehensive year-end audit and tax return work papers, including managing communications with external CPA firm through finalization
• Assist with corporate cash flow budgeting and forecasting related to construction project benchmarks
• Provide critical recommendations and support to Project Team on budget overruns or savings, and comparison to proforma throughout construction term
• Maintains spreadsheets and/or tracking logs as required by department operations
• Process monthly, quarterly, and annual financial statement preparation

Requirements

• Trouble shoot invoice and payment integration between multiple relational databases for construction hard and soft costs
• Ability to analyze and interpret documents such as loan and partnership agreements, operating, procedural manuals, and safety documents. Ability to write routine reports and correspondence. Strong leadership and mentoring abilities. Ability to interact/communicate effectively in a professional and pleasant manner with Vendors, Affiliates, Stakeholders, Corporate Shareholders and Company Employees.
• Able to operate within a suite of inter-connected software. Proficiency in advanced accounting software and financial systems including COINS, Procore, Stream, and Prophix. Ability to operate proficiently within Microsoft Office Programs such as Excel, Word, Outlook, Teams, and Sharepoint and the in-house property management software program Yardi. Familiarity with Adobe PDF and its editing features. Troubleshooting and problem solving, with the ability to self-solve accounting related issues. Ability to operate a 10-key with speed and accuracy, fax, copier/scanner, telephone, webcam, and personal computer.
• Ability to apply principles of logical thinking to a variety of practical situations and accurately follows standardized procedures that may occasionally call for minor deviations. Must be able to think rationally beyond a specific set of instructions. Must be able to work at a fast pace, perform duties while under pressure and meet deadlines in a timely manner.
• The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this position. The employee will typically be in a normal office environment with little exposure to excessive noise, dust, fumes vibrations or temperature changes. There will be frequent computer use at a workstation and frequent use of the telephone. Comfortable working independently or collaboratively as part of a team. The work usually requires working at a fast pace with unscheduled interruptions with stringent deadlines that must be met.
• Knowledge of accounting principles applicable to daily operations
• The employee in this position must be knowledgeable about the company’s policies and procedures as described in the company Employee Handbook.
• Knowledge of advanced accounting principles and General Ledger activity. Ability to effectively
• Mid-level, at least 3-6 years of work experience in a similar or related position with a four (4) year college degree and/or equivalent work experience accounting. Real estate development and public accounting experience is desired.
• While performing the duties of this position, the employee must be able to move about the office and access information using a computer and a telephone.

Benefits

Training + Development

Interview process

Visa Sponsorship

Security clearance