Project Accountant

A real estate development company is seeking a Project Accountant to take ownership of accounting for assigned development and construction projects. This position combines full-cycle accounting with lender draw management, job costing, and financial reporting, working closely with accounting leadership and project teams.

Responsibilities

• Manage the monthly loan draw process, compiling lender documentation, resolving questions, and coordinating payments once funding is received.
• Review general contractor and subcontractor payment applications for accuracy, supporting documentation, lien waivers, and contract balances.
• Prepare bank reconciliations, monitor project cash balances, and communicate funding needs.
• Reconcile general ledger, subledger, balance sheet, and intercompany accounts; maintain schedules for accruals, prepaids, deposits, deferred revenue, and developer fees.
• Oversee project accounts payable, including invoice coding, payment processing, vendor reconciliations, and compliance documentation.
• Prepare financial updates and job cost reports; analyze commitments, projected costs, overages, and cash flows with project teams.
• Help improve accounting processes, reporting, and systems.

Qualifications

• Bachelor’s degree in Accounting required.
• At least three years of full-cycle accounting experience in real estate development or construction.
• Hands-on experience managing construction loan draws and lender documentation.
• Strong foundation in GAAP, reconciliations, and financial reporting.
• Experience reviewing payment applications, lien waivers, and project costs.
• Advanced Excel skills; Sage Intacct experience is a plus.
• Ability to manage multiple projects, meet deadlines, and communicate effectively with lenders, vendors, and internal teams.

Ready to take ownership of project accounting from lender draws through financial reporting? Apply today to bring your real estate accounting experience to a growing development team.