Save Job Back to Search Job Description Summary Similar JobsBased in Midtown Manhattan (early Friday finish)Luxury residential and commercial property and construction businessAbout Our ClientThe client are a luxury real estate developer and property manager that manage a number of buildings (both residential and commercial) across New York. The successful candidate will be working very closely with the Project Managers across all the active construction projects. The role is a sole Project Accountant / Construction role and you will be part of a brilliant team. The culture at the business is excellent and they are looking for someone that is keen to build a career at the company.Job DescriptionThe successful candidate will:Work closely with Project Managers on all facets of project accounting and administration issuesResponsible to the jobsite team and Project Managers to ensure that company policies and procedures are followed with respect to day-to-day accounting functions at the jobsite.Review contract obligations and vendor activities to ensure all contract and monthly invoices have been received and processedCoordinate with Project Managers and supervisor of project accounting to set up new jobs, cost codes, contract, and subcontract accounting records. Assist in the preparation of initial project budgets and control accountsAssists Project Managers with the preparation of the monthly payment request compliant with the applicable contractEvaluate and monitor subcontractor financial requirements related to the performance of their subcontract and monthly payment applications.Ensure the subcontractor is complying with terms and conditions of the contract (i.e. insurance, billing procedures, etc.)Evaluate and determine compliance with subcontract insurance and bond requirements.Perform various detailed month-end allocations for fringe benefits, shared costs and indirect cost allocationsReview all month end reconciliations and journal entries prepared by the Project AccountantPrepare monthly reconciliations cost to billing analysis and follow-up and resolve reconciling itemsProvide Project Managers with cost information and cost trends to prepare monthly cost-to-complete and profit forecasts.Evaluate the adequacy of cost forecasts and alert supervisor of project accounting if project management forecasts are incomplete, inadequate, or unreasonable.Maintain project contract. Enter owner and subcontractor's change orders in the system. Verify the relationship between the owner's change orders vs. Subcontractor's change ordersReview monthly project cash flow, compiling support for owner fundingPerforms additional assignments/functions as assumed through personal initiative or direction form project manager or supervisor of project accountingMPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.The Successful ApplicantThe successful Project Accountant will:Have at least 5 years of experience working in Project AccountingMUST have prior experience using the system YARDIMUST have prior experience working in the construction or real estate industryMUST have prior experience dealing with a high-volume of draw packagesStrong Excel skillsExcellent written and verbal communication skillsAbility working within a small teamWhat's on Offer$150,000 - $175,000BonusAdditional benefitsFriday - 3pm finishSummer Fridays - 1pm finishContactOre OgunlanaQuote job refJN-022026-6947980Job summarySectorAccountingSub SectorFinancial ControllerIndustryPropertyLocationManhattanContract TypePermanentConsultant nameOre OgunlanaJob ReferenceJN-022026-6947980