A leading NYC real estate development organization is seeking a Development Accountant to support its Development Services Accounting team. This role covers a maternity leave and offers the strong potential to convert to a permanent position for the right candidate. You'll work directly within development/construction accounting, supporting multiple active development projects from job costing through month-end close.
Responsibilities:
- Maintain books and records for multiple development projects
- Prepare monthly requisitions for lenders and/or owners
- Review construction invoices and AIA payment applications
- Attend job-site meetings with lenders and/or construction managers
- Review construction contracts, change orders, and commitments
- Track project spending against approved budgets
- Review and post accounts payable entries
- Reconcile job-cost subledgers to the general ledger
- Prepare journal entries, accruals, cash receipts, and month-end closing entries
- Perform bank and account reconciliations
- Assist with annual financial statement reviews and audits
- Communicate regularly with construction managers, lenders, owners, and vendors
Requirements:
- Bachelor's degree in Accounting preferred
- 5+ years of relevant accounting experience preferred
- Real estate development and/or construction accounting experience
- Strong knowledge of AIA billing and payment applications
- Experience preparing monthly requisitions and/or capital calls
- Timberline and/or TimberScan experience strongly preferred (comparable construction accounting software will be considered)
- eBuilder experience a plus
- Strong GL, AP, job-costing, reconciliation, and month-end close skills
- Ability and willingness to work 100% onsite in NYC
Pay Rate: $50/hr+
