Project Accountant

Responsibilities:

• Manage the financial aspects of multiple real estate development projects, ensuring accurate project cost tracking and reporting.
• Oversee job costing, budget tracking, and variance analysis to support project managers in financial decision-making.
• Process and review accounts payable and receivable related to specific projects, ensuring timely payments and collections.
• Reconcile project accounts, including construction loan draw requests and capital expenditures.
• Prepare and analyze project-based financial statements and reports, ensuring compliance with GAAP and internal policies.
• Collaborate with project managers and development teams to provide financial insights and support forecasting and budgeting efforts.
• Ensure proper allocation of costs and expenses across projects while maintaining strong internal controls.
• Assist in the preparation of audit schedules and compliance reporting related to development projects.
• Work closely with external stakeholders, including lenders, investors, and auditors, to ensure transparency and accuracy in financial reporting.
• Continuously assess and enhance accounting processes to drive efficiency in project accounting operations.

Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field.
• CPA or progress toward certification is a plus.
• 3-7 years of accounting experience, preferably in real estate development, construction, or project-based accounting.
• Strong knowledge of job costing, construction draws, and WIP (Work in Progress) reporting.
• Proficiency in real estate accounting software (e.g., Yardi, MRI, Procore, or similar).
• Exceptional attention to detail and ability to manage multiple projects simultaneously.
• Strong analytical, problem-solving, and communication skills.

This role offers an opportunity to play a critical part in the financial oversight of exciting real estate developments while collaborating with a talented and fast-growing team.

The Fair market Assumption for this role's base salary is between $100,000 and $120,000 annually.

The above salary range represents Cobalt's good faith and reasonable estimate of the possible base compensation range at the time of posting and is one part of the total rewards package this client provides to employees.

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