Project Accountant

Westminster Management • Florham Park, NJ • 3h ago

Our company remains guided by its experience and ability to create long-term value in strategically focused markets. We continue to attract the best talent in the industry and remain focused on growing our organization with talented professionals along with our assets. Westminster is stronger than ever, and we stand poised for continued growth with our valued partners. Our mission is to go above and beyond to build thriving communities and exceptional experiences for our residents, guests, tenants, and teams. Our values represent what we strive to achieve every day. Every decision we have to make is guided by the "4 Be's". Be best in class. Be Solution-Oriented. Be Accountable. Be caring.

This position is responsible for working with the project accounting team and Development Controller to perform accounting duties and responsibilities for multiple development projects in various phases of construction.

RESPONSIBILITIES

Prepare and complete weekly bank reconciliations for project accounts, ensuring accuracy and prompt resolution of variances.

Review of proper coding and input of accounts payable at the properties, ensuring that fiscal policies are followed. Be familiar with the accounts utilized to provide an adequate basis for reviewing the coding of invoices and bring any deficiencies to the attention of the appropriate personnel.

Prepare an accounts payable listing at closing each month, check agreement to the accounts payable account on the trial balance and then provide a copy to the appropriate staff accountant for inclusion in the monthly entity files.

Provide the necessary data to the Controller regarding invoices being processed and checks written for them to maintain proper cash control.

Handle other A/P related administrative responsibilities as assigned on the team

Work closely with the construction administration and supervision personnel to ensure that the construction budget and actual expenditures information in the system and on the progress billings is accurate and up to date

Work closely with the construction administration and supervision personnel in co-ordination with third party entities to insure the efficient and timely handling of progress payments to sub-contractors and other vendors. May directly be in contact with contractors for required data.

Prepare summary draw schedules, and assembly of the draw package for review by management. Also, reconciliation of entries and schedules for audit and reporting purposes. Ensure all required documents have been gathered by all consultants, subcontractors, etc. prior to bank or other submission.

Ensure accuracy of Job Cost Reports including ACR and Contract Detail Report.

Reconcile the draw requests to GL including Project Costs to date on a monthly basis.

Review Contracts and Change Orders; enter in Job Cost System.

Prepare and obtain all lien waivers.

Monitoring of construction expenditures compared to budget. 14. Special projects and analysis as required.

REQUIREMENTS

Requires Bachelor's degree in accounting.

Yardi Construction software experience preferred.

Re quires 2 years of experience in project accounting, preferably commercial real estate development.

Requires advance skillset in Excel.

Requires strong conceptual and analytical skills.

What We're Looking For:

A sharp, analytical thinker with a strong grasp of property accounting fundamentals

Someone who brings urgency, ownership, and accountability to their work

A self-starter who thrives in a high-performance, team-oriented environment

Ready to join a company that values your expertise and empowers you to make an impact? Apply today and take the next step in your accounting career.

We're an equal opportunity at will employer, an equal housing provider, and we do not discriminate against any employee or applicant for employment because of age, race, religion, color, disability, sex, sexual orientation or national origin.

Job Details

Job Family Accounting

Pay Type Salary

Hiring Min Rate 70,000 USD

Hiring Max Rate 85,000 USD

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